VanEck Oil Services ETF (OIH)
| Assets | $877.22M |
| Expense Ratio | 0.35% |
| PE Ratio | 12.45 |
| Shares Out | 3.45M |
| Dividend (ttm) | $5.44 |
| Dividend Yield | 2.13% |
| Ex-Dividend Date | Dec 23, 2024 |
| Payout Frequency | Annual |
| Payout Ratio | 26.54% |
| Volume | 492,773 |
| Open | 255.66 |
| Previous Close | 257.84 |
| Day's Range | 252.55 - 258.90 |
| 52-Week Low | 191.21 |
| 52-Week High | 311.28 |
| Beta | 1.25 |
| Holdings | 25 |
| 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
75.66% of assets| Name | Symbol | Weight |
|---|---|---|
| Schlumberger Limited | SLB | 22.72% |
| Baker Hughes Company | BKR | 15.35% |
| Halliburton Company | HAL | 6.92% |
| TechnipFMC plc | FTI | 5.56% |
| Tenaris S.A. | TS | 4.70% |
| Weatherford International plc | WFRD | 4.40% |
| NOV Inc. | NOV | 4.28% |
| Noble Corporation plc | NE | 4.23% |
| Valaris Limited | VAL | 3.94% |
| Cactus, Inc. | WHD | 3.56% |
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 -7.37% in the past year, including dividends. Since the fund's inception, the average annual return has been -1.78%.
News
OPEC+ set to raise oil output further from October, sources say
OPEC+ is set to agree to further raise oil output on Sunday while probably slowing the pace of increases from October compared with recent months because of weakening global demand, OPEC+ sources said...
OPEC+ will likely agree to further oil output hike on Sunday, sources say
Eight OPEC+ countries will likely raise oil output on Sunday but probably add less oil from October than in recent months as global demand might be slowing with the end of the driving season, OPEC+ so...
OPEC+ meets this weekend at a precarious time for crude oil. Here's what's at stake.
The market has a lot to contend with as OPEC+ considers a second round of production hikes this weekend, against an economic and geopolitical backdrop that's dimmed prospects for demand and boosted th...
OPEC+ needs to not oversupply the oil market, says CSIS' Clay Seigle
Clay Seigle, CSIS senior fellow for energy security, joins 'Power Lunch' to discuss if OPEC+ will raise production, why oil prices are holding on and much more.
Crude Oil Weekly Price Outlook – Crude Oil Has a Tough Week
The crude oil markets initially rose for the week but then gave back the gains to show signs of hesitation, and exhaustion. At this point in time, the markets are still dealing with oversupply.
Crude Oil Price Outlook – Crude Oil Drifts Lower on Friday
The crude oil markets drifted a little bit lower in the early hours of the morning for Friday, as we are still having a significant amount of oil pumped into the supply channel. At this point, oil wil...
Oil Prices: Oil Set for Loss Ahead of OPEC+ Meeting
OPEC+ is holding a meeting this weekend that may see the group sign off another oil supply hike. Ahead of the OPEC+ session, Russian Deputy Prime Minister Alexander Novak said nations involved in the ...
Crude Oil Price Forecast: Weakens Below 20-Day Average, Bears Regain Control
Crude oil weakened Thursday, falling below the 20-Day average as resistance holds firm, keeping sellers in control and raising risks of testing $62.19 and $60.66 potential support levels.
OPEC oil output rises further in August, survey finds
OPEC's oil output rose further in August after an OPEC+ agreement to raise production, a Reuters survey found on Thursday, mainly reflecting higher production by the United Arab Emirates and Saudi Ara...
Crude Oil Price Outlook – Crude Oil Drops Early
The crude oil market dropped a bit in the early hours of Thursday, as traders continue to see a lot of questions asked about the global supply and demand situation. At this point, I believe we are try...
Commodities wrap: oil, bullion and copper slide; all eyes on OPEC+ meeting
Most major commodities were in the red on Thursday, with oil extending its 2% decline from the previous session. Gold and silver prices also fell after a sharp rally over the last few trading sessions...
Natural Gas and Oil Forecast: OPEC+ Supply Debate Hits Oil, Natural Gas Extends Rally
Market Overview Crude oil futures slipped toward $63 per barrel, extending recent losses as energy markets grapple with both supply and demand headwinds. Traders remain focused on OPEC+ deliberations ...
Oil Prices Fall on Fears of OPEC+ Supply Boost, US Slowdown
Oil dropped for a second day as traders fretted that OPEC+ may agree to boost supplies, US data pointed to a slowdown, and an industry estimate showed higher crude stockpiles at a key storage hub. Mem...