VanEck Oil Services ETF (OIH)
| Assets | $2.09B |
| Expense Ratio | 0.35% |
| PE Ratio | 20.05 |
| Shares Out | 6.45M |
| Dividend (ttm) | $4.22 |
| Dividend Yield | 1.30% |
| Ex-Dividend Date | Dec 18, 2023 |
| Payout Ratio | 25.87% |
| 1-Year Return | +18.84% |
| Volume | 395,694 |
| Open | 323.99 |
| Previous Close | 325.08 |
| Day's Range | 320.59 - 327.16 |
| 52-Week Low | 246.04 |
| 52-Week High | 364.08 |
| Beta | 0.81 |
| Holdings | 27 |
| 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
72.20% of assets| Name | Symbol | Weight |
|---|---|---|
| Schlumberger Limited | SLB | 18.37% |
| Halliburton Company | HAL | 11.04% |
| Baker Hughes Company | BKR | 9.23% |
| Weatherford International plc | WFRD | 5.55% |
| TechnipFMC plc | FTI | 5.02% |
| Tenaris S.A. | TS | 4.67% |
| ChampionX Corporation | CHX | 4.67% |
| NOV Inc. | NOV | 4.60% |
| Transocean Ltd. | RIG | 4.57% |
| Noble Corporation | NE | 4.48% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 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 | $5.820 | Dec 30, 2019 |
| Dec 20, 2018 | $5.980 | Dec 27, 2018 |
News
Oil prices rise as US official eases market concerns over economic headwinds
Oil prices rose in early trade on Friday, as players took stock of the U.S. Treasury secretary's comments that the country's economy is likely in a stronger position than indicated by weak first-quart...
S-Oil says Q2 refining margins to remain steady, then trend upward
South Korea's S-Oil , whose main shareholder is Saudi Aramco , forecast on Friday that second-quarter refining margins will be steady, supported by regular maintenance in the region, and then trend up...
Nasdaq IR Intelligence's Rich Pontillo on Oil Prices & the IPO Market
How will Middle East tensions affect oil prices? Nasdaq IR Intelligence's Rich Pontillo discusses the outlook for oil.
Oil prices hold steady as traders weigh U.S. demand concerns
Oil prices remained unchanged on Thursday early morning, with Brent crude near $87 per barrel after settling lower the previous day as U.S. data showed a drop in weekly demand for gasoline.
Oil, chemical industry lobbyists pile in to UN talks to curb plastics
Nearly 200 fossil fuel and chemical industry lobbyists plan to join this week's United Nations negotiations on the first global treaty to curb plastic pollution — a 37% jump from the previous gatherin...
Oil eases as US demand concerns outweigh fears over Middle East conflicts
Oil prices eased in early trade on Thursday as concerns about a potential slowdown in the U.S. economy amid prospects for delayed interest rate cuts outweighed worries over the risk of expanding confl...
Crude Oil Price Forecast – Crude Continues to Move on Headlines
The crude market is one of the most difficult ones to grasp at the moment, as it seemingly is moving on to the latest headline, rumor, or even false headline out of the Middle East.
Pressure on gas and LNG prices to help switch from coal, says J.P. Morgan
Global natural gas prices will come under pressure through the end of the decade as supply and shipping infrastructure grow rapidly, particularly in Qatar and the U.S., J.P. Morgan said in a report.
Oil prices hold steady ahead of weekly U.S. crude stockpile data
Oil prices were steady on Wednesday morning, with Brent marginally lower, near $87 a barrel, after climbing 1.6% in the previous session. West Texas Intermediate hovered around $83 per barrel as inves...
Oil And Gas Mergers Hit Record Q1 Levels In 2024
Big energy analytics and advisory firm Enverus reports this week that oil and gas upstream mergers and acquisitions reached a new first quarter high over the initial three months of 2024. In a release...
Don't Use The SPR To Manipulate Oil Prices
After going untapped for decades, the Biden Administration drew down the Strategic Petroleum Reserve by almost 300 million barrels during the pandemic when demand recovered faster than expected and OP...
New technology helps US shale oil industry start to rebuild well productivity
Technology advances are making it possible for U.S. shale oil and gas companies to reverse years of productivity declines, but the related requirement to frontload costs by drilling many more wells is...
Oil prices inch up after data shows unexpected drop in U.S. crude stocks
Oil prices rose in early trade on Wednesday, adding to gains in the previous session, after industry data showed a surprise drop in U.S. crude stocks last week, a positive sign for demand, and attenti...
