SPDR S&P Oil & Gas Equipment & Services ETF (XES)
| Assets | $197.32M |
| Expense Ratio | 0.35% |
| PE Ratio | 11.29 |
| Shares Out | 2.62M |
| Dividend (ttm) | $0.95 |
| Dividend Yield | 1.27% |
| Ex-Dividend Date | Sep 23, 2024 |
| Payout Ratio | 14.31% |
| 1-Year Return | -12.35% |
| Volume | 39,440 |
| Open | 74.42 |
| Previous Close | 74.78 |
| Day's Range | 74.42 - 75.87 |
| 52-Week Low | 74.42 |
| 52-Week High | 99.22 |
| Beta | 1.73 |
| Holdings | 31 |
| Inception Date | Jun 19, 2006 |
About XES
Fund Home PageThe SPDR S&P Oil & Gas Equipment & Services ETF (XES) is an exchange-traded fund that mostly invests in energy equity. The fund tracks an equal-weighted index of companies in the oil & gas equipment and services sub-industry of the S&P Total Market Index. XES was launched on Jun 19, 2006 and is issued by State Street.
Top 10 Holdings
50.12% of assets| Name | Symbol | Weight |
|---|---|---|
| Baker Hughes Company | BKR | 5.90% |
| TechnipFMC plc | FTI | 5.85% |
| Archrock, Inc. | AROC | 5.42% |
| Cactus, Inc. | WHD | 5.02% |
| Helmerich & Payne, Inc. | HP | 4.75% |
| Liberty Energy Inc. | LBRT | 4.73% |
| Schlumberger Limited | SLB | 4.69% |
| Patterson-UTI Energy, Inc. | PTEN | 4.61% |
| Halliburton Company | HAL | 4.58% |
| ChampionX Corporation | CHX | 4.57% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 23, 2024 | $0.306 | Sep 25, 2024 |
| Jun 24, 2024 | $0.260 | Jun 26, 2024 |
| Mar 18, 2024 | $0.190 | Mar 21, 2024 |
| Dec 18, 2023 | $0.193 | Dec 21, 2023 |
| Sep 18, 2023 | $0.158 | Sep 21, 2023 |
| Jun 20, 2023 | $0.144 | Jun 23, 2023 |
News
XES: Oil Service Stocks Setting Up Well For 2025 Despite Technical Risks
The Energy sector has underperformed the S&P 500 YTD, with XLE up 14% versus the S&P 500's 20%+ gain. I rate XES a buy due to its compelling valuation, despite a strong US dollar and mixed technical i...
XES: A Tactical Hold With Bullish Potential In The Oil And Gas Services Sector
XES offers exposure to oil and gas services sector with modified equal-weighted index approach and low expense ratio. XES lags in dividend performance compared to peers, but offers strong liquidity an...
XES: A Small To Midcap Oil Service ETF With Considerable Upside
SPDR® S&P Oil & Gas Equipment & Services ETF, which focuses on oil and gas equipment and services, has been negatively impacted by the bearish environment for OFS companies. The fund's portfolio is he...
XES: Oil Services To Benefit From Long-Term Upstream Spending
Oil services companies have substantially underperformed since 2014. However, the long-term outlook for upstream spending looks favorable for the oil services sector. Despite the short-term risk of a ...
XES: The Equity Version Of Oil
Oil has been strong despite unemployment, leading to a potential rally in energy sector stocks. The SPDR S&P Oil & Gas Equipment & Services ETF offers exposure to the sector. XES has shown strength re...
Drilling For Bullish Opportunities With XES
Oil prices have fallen sharply, with WTI down 44% over the last 52 weeks. The SPDR S&P Oil & Gas Equipment & Services ETF (XES) has a low valuation, reasonable fee, and general technical uptrend. Whil...
The Riskiest Investments In Oilfield Services
Given economic uncertainty and volatility in energy markets, I believe cautious oilfield services investors will want to avoid the highest risk investments in the sector. 58 oilfield services provider...
XES: Oil & Gas Services ETF Can Continue Outperforming
XES invests across oil & gas equipment and services companies. The industry is benefiting from a strong investing cycle by energy producers following a record year for the sector.
XES: With Record Profits, It's Hard To Bet Against The Oil And Gas Industry
SPDR S&P Oil & Gas Equipment & Services ETF (XES) tracks companies in the O&G (oil and gas) equipment sector. Since bottoming out in September, XES is up almost 40%. YTD the fund is up almost 60%.
XES: Let Your Profits Run
Equities are down year to date, except energy stocks. The future for energy stocks and commodities looks bright due to the under-investments by the oil majors.
Oil Field Services: Value Matrix, Momentum, And Market Cap Analysis
Even though energy has been the best performing sector of the year by a large margin, deep values remain in under-covered and small cap oilfield services. Fifty-three oilfield service equities were ev...
OIH And XES: Energy Demand And Production Decline Will Drive Return
OIH and XES are both 100% oilfield service ETFs. Global demand for oil and gas is expected to remain constant or grow for the next five years.
XES - Oilfield Services ETF A 'Dry Hole' Long-Term
XES has benefited from the oil price spike, but return has lagged other oil investments. Drilling rig counts have rebounded since 2020 but remain far below 2014.
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...
XES: No Compelling Reason To Buy This Oil Service ETF
The SPDR S&P Oil & Gas Equipment & Services ETF is benefiting from the improvement in business environment marked by increases in oil prices and service demand. The service industry's recovery will la...
Deep-Value ETF Report: December 22, 2020
Widespread rallies across the major asset classes in recent history have left few opportunities for bargains in the waning days of 2020. The main exception: energy and certain slices of the commoditie...
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...
SPDR S&P Oil & Gas Equipment & Services ETF: Down For The Count
Oil and gas equipment and services segment has a 10-year annualized return of -20.5% per year. Oil price collapse in 2020 has made matters even worse for the segment.
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...
Deep-Value ETF Report: August 20, 2020
Deep-Value ETF Report: August 20, 2020