VanEck Oil Services ETF (OIH)
| Assets | $1.10B |
| Expense Ratio | 0.35% |
| PE Ratio | 12.58 |
| Shares Out | 3.95M |
| Dividend (ttm) | $5.44 |
| Dividend Yield | 1.88% |
| Ex-Dividend Date | Dec 23, 2024 |
| Payout Frequency | Annual |
| Payout Ratio | 24.12% |
| Volume | 245,368 |
| Open | 284.86 |
| Previous Close | 283.69 |
| Day's Range | 281.85 - 290.92 |
| 52-Week Low | 191.21 |
| 52-Week High | 311.28 |
| Beta | 0.91 |
| 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
69.22% of assets| Name | Symbol | Weight |
|---|---|---|
| SLB N.V. | SLB | 18.36% |
| Baker Hughes Company | BKR | 12.23% |
| Halliburton Company | HAL | 7.33% |
| Tenaris S.A. | TS | 4.83% |
| NOV Inc. | NOV | 4.76% |
| Weatherford International plc | WFRD | 4.66% |
| TechnipFMC plc | FTI | 4.65% |
| Transocean Ltd. | RIG | 4.61% |
| Noble Corporation plc | NE | 3.92% |
| Valaris Limited | VAL | 3.88% |
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 8.93% in the past year, including dividends. Since the fund's inception, the average annual return has been -1.26%.
News
Russian push for OPEC+ action pause met no Saudi resistance, sources say
The decision by OPEC and its allies on Sunday to keep oil output targets steady in the first quarter of next year came after Russia lobbied for the pause because it would struggle to increase exports ...
Crude Oil Price Outlook – Crude Oil Continues to Dance Back and Forth
Crude oil markets opened the week with choppy trading as both WTI and Brent hover near key technical levels. Resistance at moving averages and fading momentum suggest limited upside potential, with do...
Oil Prices Rise After OPEC+ Says It Will Pause Output Hikes
Oil advanced a fourth day after OPEC+ said it planned to pause output increases in the first quarter of 2026, following another modest hike for next month. Bloomberg's Stephen Stapczynski reports.
Oil demand will stay above 100 million bpd beyond 2040, UAE's Jaber says
Oil demand will remain above 100 million barrels per day beyond 2040, UAE oil giant ADNOC'S chief executive, Sultan Al Jaber, said on Monday while flagging headwinds in the near term.
Oil Rises as OPEC+ Signals Output-Increase Pause
Oil rose after OPEC and its allies agreed to boost oil production by 137,000 barrels a day in December, but said they wouldn't increase production in first three months of 2026 due to seasonality.
OPEC+ to pause output hikes in first quarter to ease fears of glut, after one more boost in December
The eight nations of OPEC+ announced Sunday they will pause oil-production hikes in the first quarter of 2026, following a modest increase in December, as part of an effort to avoid a glut of crude.
OPEC+ agrees to small December oil output hike, and Q1 pause
Eight OPEC+ countries on Sunday agreed to raise oil output in December by 137,000 barrels per day and then to pause the output hikes for the first quarter of 2026, OPEC+ said in a statement.
OPEC+ set to agree another modest oil output increase, sources say
OPEC+ is set to agree on Sunday on another modest increase in oil output targets, three sources familiar with the talks said, as the producers' group moderates plans to regain market share due to risi...
Growing U.S.-Venezuela tensions, new OPEC+ targets mark a crucial week for oil ahead
Escalating U.S. tensions with Venezuela and an upcoming monthly decision by major oil producers on crude output targets were the focus of traders heading into the weekend.
BofA's Francisco Blanch: We have a surplus of oil and prices will likely keep trending lower
Francisco Blanch, Bank of America head of commodities and derivatives research, joins CNBC's 'Money Movers' to discuss outlooks on oil.
Crude Oil Price Outlook – Crude Oil Continues to Consolidate
Oil continues to consolidate with limited direction as traders test an earlier gap tied to sanctions headlines. Expect resistance near $62 and $65, with fading rallies likely amid oversupply and weake...
OPEC+ likely to agree small oil output increase for December, sources say
OPEC+ will likely agree on Sunday another small hike in oil output targets for December, three sources familiar with the talks said, as the group moderates its drive to regain market share amid predic...
Global Oil Supply Will Keep Growing, Goldman Says
Goldman Sachs Head of Oil Research Daan Struyven says the global oil supply will keep growing. He says oil prices could drop by another $10 per barrel over the next year.
Expect OPEC+ to adopt a 'watch and wait' to see U.S. sanction impact on Russian oil: Helima Croft
Helima Croft, RBC Capital Markets global head of commodity strategy, joins 'Squawk Box' to discuss the state of the energy markets, what to expect from the OPEC+ meeting this weekend, oil price trends...
Ample supply, subdued demand to curb oil prices despite geopolitical risks
Analysts are holding their oil price forecasts largely unchanged as rising OPEC+ output targets and lacklustre demand offset geopolitical risks to supply, a Reuters poll showed on Friday.
Focus on Commodities Amid Sanctions and Seemingly Lower Trade Tension
Gold has retreated from record highs since 21 October, while oil has gained strongly as there has been some de-escalation of the American-Chinese trade war and the USA introduced new sanctions on majo...
Saudi Arabia may cut December crude prices to Asia to multi-month lows
The world's biggest oil exporter, Saudi Arabia, may reduce its December crude price for Asian buyers to multi-month lows due to ample supplies, but demand to replace Russian supplies hit by Western sa...
Oil heads for third monthly decline as strong dollar, ample supply weigh
Oil prices eased on Friday, heading for a third straight monthly decline, as a stronger dollar capped commodities gains while rising supply from major producers globally offset the impact of Western s...
Final Trade: GDX, OIH, NFLX, EQT
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
An oil supply glut could sink prices to $35 a barrel next year. Why the U.S.-China trade truce won't change that.
President Donald Trump's U.S.-China trade truce may be overshadowing a new report that has helped raise the alarm about a potential record-high global surplus of crude oil next year.
The untold story beneath Texas' oil fields
Maria Bartiromo gives ‘Mornings with Maria' viewers rare access to the high-tech oil operations in Midland, Texas, where artificial intelligence and clean power are reshaping the energy game.
Crude Oil Price Outlook – Crude Oil Drifts a Touch Lower
Crude oil softened early Thursday, hovering near $60 amid concerns over sluggish demand and persistent oversupply. Despite new sanctions on Russia, the market's outlook remains weak, with resistance s...
Oil Forecast Contrasts With Resilient Energy Stocks
The June rally in crude oil to $78.40 and above the yearly pivot at $75.63 suggested to some that crude oil had bottomed. However. crude oil failed to have a weekly close above the yearly pivot that w...
TotalEnergies reports slight decrease in Q3 income as lower oil prices weigh
French oil major TotalEnergies reported a 2.4% drop in third-quarter earnings on Thursday, meeting expectations as higher upstream production and improving crude refining margins partially offset lowe...
Oil prices little changed as markets eye US-China trade talks
Oil prices held on to most gains from the previous session in early trading on Thursday as investors awaited U.S.-China trade talks later in the day, hoping for signs that tensions clouding the econom...
