VanEck Oil Services ETF (OIH)
| Assets | $972.59M |
| Expense Ratio | 0.35% |
| PE Ratio | 12.97 |
| Shares Out | 3.70M |
| Dividend (ttm) | $5.44 |
| Dividend Yield | 2.06% |
| Ex-Dividend Date | Dec 23, 2024 |
| Payout Frequency | Annual |
| Payout Ratio | 26.85% |
| Volume | 302,063 |
| Open | 265.10 |
| Previous Close | 265.31 |
| Day's Range | 260.86 - 267.39 |
| 52-Week Low | 191.21 |
| 52-Week High | 311.28 |
| Beta | 1.16 |
| Holdings | 26 |
| Inception Date | Feb 7, 2001 |
About OIH
Fund Home PageThe VanEck Oil Services ETF (OIH) is an exchange-traded fund that is based on the MVIS US Listed Oil Services 25 index, a market-cap-weighted index of 25 of the largest US-listed, publicly traded oil services companies. OIH was launched on Feb 7, 2001 and is issued by VanEck.
Top 10 Holdings
70.68% of assets| Name | Symbol | Weight |
|---|---|---|
| Schlumberger Limited | SLB | 18.62% |
| Baker Hughes Company | BKR | 13.38% |
| Halliburton Company | HAL | 7.07% |
| Tenaris S.A. | TS | 5.03% |
| TechnipFMC plc | FTI | 4.69% |
| NOV Inc. | NOV | 4.64% |
| Weatherford International plc | WFRD | 4.56% |
| Transocean Ltd. | RIG | 4.42% |
| Noble Corporation plc | NE | 4.36% |
| Valaris Limited | VAL | 3.90% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 23, 2024 | $5.4394 | Dec 24, 2024 |
| Dec 18, 2023 | $4.2235 | Dec 22, 2023 |
| Dec 19, 2022 | $2.8887 | Dec 23, 2022 |
| Dec 20, 2021 | $1.8075 | Dec 27, 2021 |
| Dec 21, 2020 | $1.8911 | Dec 28, 2020 |
| Dec 23, 2019 | $5.810 | Dec 30, 2019 |
Performance
OIH had a total return of -10.73% in the past year, including dividends. Since the fund's inception, the average annual return has been -1.64%.
News
Natural Gas and Oil Forecast: OPEC+ Discipline and Supply Risks Drive Renewed Bullish Sentiment
OPEC+'s cautious output policy and rising geopolitical tensions lift natural gas and oil prices, as supply risks and U.S. production growth shape market sentiment.
Oil rises on fading oversupply fear after OPEC+ restrains output increase
Oil prices edged higher in early trade on Wednesday as markets started to brush off oversupply fear for the time being, having digested a decision by OPEC+ to restrain November production increases.
Crude Oil Price Forecast: Bearish Pressure Builds as Sellers Retain Control
Crude oil remains under selling pressure after a failed rebound, trading below key moving averages as the broader downtrend deepens toward potential support near $58.
Crude Oil Price Outlook – Crude Oil Continues to Look Sluggish
The oil markets continue to look a bit sluggish at the moment, as we are trying to get back into a larger consolidation area. However, there are serious questions about the supply and demand part of t...
As oil glut fears mount, OPEC+ restrains output rises for now
OPEC+ oil-producing countries opted for only a modest rise to November output due to concerns about a potential global glut, sources within the group said, as non-OPEC supply also rises while fuel dem...
Oil price fall turns up the heat on Big Oil's bloated payouts
The five biggest global oil majors are moving to cut costs, jobs and share buybacks as falling oil prices threaten to make shareholder payouts unsustainable without increasing debt, analysts said.
Oil, Natural Gas, and US Dollar Technical Analysis Amid Supply Risks and Weak Demand
WTI crude oil remains under pressure due to weak demand, natural gas shows bullish potential pending a breakout, and the U.S. Dollar Index stays rangebound with a bearish bias below key resistance.
Crude Oil Price Outlook – Crude Oil Gives Back Gains on Monday
The initial opening of the crude oil markets looked promising on Monday, but they have seen a lot of selling since then. With this, the markets look lackluster at best, possibly even very bearish over...
Blanch: There's valid concern about surplus, but no catastrophic scenario
Francisco Blanch, Head of Commodities and Derivatives Research at BofA Securities, says oil oversupply fears are overstated, with China absorbing surplus and prices stabilizing near $70 by 2026.
European Union's US gas use set to soar, increasing price volatility
Europe will need to import up to 160 additional liquefied natural gas cargoes this winter due to lower storage and a decline in pipeline flows from Russia and Algeria, according to analysts and data, ...
'All Eyes Are on China' After OPEC+ Oil Production Hike: Crystol Energy
Crystol Energy Chief Executive Officer Carole Nakhle discusses OPEC+'s decision to raise oil production by 137,000-barrel-a-day. "If I look at the demand side, I think China is the main component in t...
Analysis: Crude prices under pressure as 2026 outlook signals surplus
Even though oil prices have climbed more than 1% on Monday after OPEC+ agreed to only a modest increase in production for November, the underlying market surplus is likely to subdue any upside momentu...
Oil prices open up around 1% after modest OPEC+ output hike
Oil prices rose about 1% at the start of trading on Monday after OPEC+ announced it would raise production from November by 137,000 barrels per day (bpd), the same modest monthly increase as in Octobe...