iShares U.S. Oil Equipment & Services ETF (IEZ)
| Assets | $153.88M |
| Expense Ratio | 0.40% |
| PE Ratio | 22.81 |
| Shares Out | 7.25M |
| Dividend (ttm) | $0.34 |
| Dividend Yield | 1.57% |
| Ex-Dividend Date | Sep 25, 2024 |
| Payout Ratio | 35.39% |
| 1-Year Return | -2.46% |
| Volume | 94,191 |
| Open | 21.10 |
| Previous Close | 21.12 |
| Day's Range | 21.10 - 21.45 |
| 52-Week Low | 18.63 |
| 52-Week High | 24.85 |
| Beta | 1.73 |
| Holdings | 33 |
| Inception Date | May 1, 2006 |
About IEZ
Fund Home PageThe iShares U.S. Oil Equipment & Services ETF (IEZ) is an exchange-traded fund that mostly invests in energy equity. The fund tracks a market-cap-weighted index of domestic companies that are suppliers of equipment or services to oil fields and offshore platforms. IEZ was launched on May 1, 2006 and is issued by BlackRock.
Top 10 Holdings
76.40% of assets| Name | Symbol | Weight |
|---|---|---|
| Baker Hughes Company | BKR | 23.26% |
| Schlumberger Limited | SLB | 22.24% |
| TechnipFMC plc | FTI | 4.84% |
| ChampionX Corporation | CHX | 4.35% |
| Halliburton Company | HAL | 4.33% |
| NOV Inc. | NOV | 4.10% |
| Weatherford International plc | WFRD | 3.72% |
| Noble Corporation plc | NE | 3.44% |
| Cactus, Inc. | WHD | 3.19% |
| Archrock, Inc. | AROC | 2.93% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 25, 2024 | $0.093 | Sep 30, 2024 |
| Jun 11, 2024 | $0.092 | Jun 17, 2024 |
| Mar 21, 2024 | $0.087 | Mar 27, 2024 |
| Dec 20, 2023 | $0.064 | Dec 27, 2023 |
| Sep 26, 2023 | $0.071 | Oct 2, 2023 |
| Jun 7, 2023 | $0.012 | Jun 13, 2023 |
News
IEZ: Navigating The Volatility Of Oil
IEZ focuses narrowly on oilfield services, with top-heavy holdings in Schlumberger and Baker Hughes, which dominate the ETF's performance. Despite a growing oilfield services market, IEZ's low AUM, lo...
IEZ: A Good Fund But High Concentration Risk
iShares U.S. Oil Equipment & Services ETF provides targeted exposure to U.S. companies in the oil equipment and services sector. IEZ's top holdings are Schlumberger NV and Baker Hughes, making up 41% ...
ECB In Dovish Hike Ahead Of More Central Bank Action Next Week
Before yesterday's ECB meeting, there was a bit of uncertainty about whether the ECB would hike or not, with markets pricing in a 65% implied probability of a 25-bps hike. A break below the May low of...
Crude Calculations: Assessing IEZ's Pros And Cons
IEZ offers exposure to leading oilfield services companies who can benefit from the strength in international and offshore markets. IEZ has a pronounced allocation to large-cap companies like SLB and ...
IEZ: Energy Investors Can Skip This One
IEZ tracks the Dow Jones U.S. Select Oil Equipment & Services Index. IEZ pays low dividends, is not well diversified, and is not in a position to outperform a typical energy index.
IEZ: Oil Service Producers Could Be Thinking About Iran
We think that near to medium-term factors play heavily in favour of oil prices chugging back up to $100 per barrel. Supply side issues remain the crux of the oil proposition, but China contributes to ...
Oil Markets: Geopolitics and China's Reopening with Jennifer Warren (Podcast)
Listen on the go! Subscribe to Wall Street Breakfast on Apple Podcasts and Spotify In this episode we're joined by Jennifer Warren.
IEZ Is Now Overextended
These service providers have been benefiting massively from the high oil prices, but the PEs are getting too high. These businesses can be very profitable, but that's been priced in. Also, there's a r...
IEZ Supported By Energy Security Incentive
The energy situation has made many realize that we need oil after all. Governments have political capital to allow more fossil fuel activity.
Oilfield Services: Still Discounted Despite The Energy Rally
Energy outperformed in 2021 but oilfield services and equipment stocks didn't really partake as much in the rally. The capital discipline nature of the latest oil bull market explains the performance ...
Investing In The Energy Transition: Preserving Resources And Capital
While the energy transition will be with us for many decades ahead, the nimbleness required for an investor in this space is mission one. The case of Pioneer Natural Resources and its evolving approac...
Oil and gas services ETFs power higher
Energy services exchange-traded funds rallied Thursday, a rare sector in the black on a day of steep sell-offs. The VanEck Vectors Oil Services ETF gained 2.1% by mid-afternoon, the SPDR S&P Oil & Gas...
Energy equipment ETFs outperform Wednesday, on track for best month on record
Shares of oil and gas equipment and services exchange-traded funds surged Wednesday, as investors broadened their exposure to the beaten-down energy sector in anticipation of stronger economic activit...
Oil prices edge up on stimulus support despite ample supplies
Oil prices nudged up on Monday, with Brent futures set to post a fifth straight monthly gain, as global stimulus measures underpin prices even as demand struggles to return to pre-COVID levels in a we...
3 ETFs Getting Absolutely Crushed This Year
The Nasdaq-100 recently hit record highs and the S&P 500 is almost all the way back to its pre-coronavirus slump record.
Energy ETFs fall as U.S. oil prices resume sell-off, plunge more than 25%
Exchange-traded funds with exposure to the oil sector remained under pressure Monday as oil [CLM20] looked to be on track for the second-worst decline in history based on the most-active contract.
Energy ETFs Surge Amid Trade and Middle East News
A partial trade agreement and ongoing tensions in the Middle East may fuel oil stocks this week. Gain exposure to the sector using these three ETFs.
These 5 Beaten Down ETFs May Be Oversold
Ned Davis Research sees a big gains for this group.