VanEck Oil Refiners ETF (CRAK)
- Previous Close
38.48 - Open
38.38 - Bid 34.30 x 800
- Ask 41.58 x 800
- Day's Range
37.83 - 38.26 - 52 Week Range
28.92 - 40.41 - Volume
30,331 - Avg. Volume
20,366 - Net Assets 47.91M
- NAV 38.19
- PE Ratio (TTM) 5.12
- Yield 3.26%
- YTD Daily Total Return 11.26%
- Beta (5Y Monthly) 0.76
- Expense Ratio (net) 0.61%
The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The index includes equity securities and depositary receipts of companies in the global oil refining segment. To be initially eligible for the Oil Refiners Index, companies must generate at least 50% of their revenues from crude oil refining. Products of these companies may include gasoline, diesel, jet fuel, fuel oil, naphtha, and other petrochemicals. The fund is non-diversified.
VanEck
Fund Family
Equity Energy
Fund Category
47.91M
Net Assets
2015-08-18
Inception Date
Performance Overview: CRAK
Trailing returns as of 4/24/2024. Category is Equity Energy.
People Also Watch
Holdings: CRAK
Top 10 Holdings (60.32% of Total Assets)
Sector Weightings
Recent News: CRAK
Research Reports: CRAK
Analyst Report: Range Resources Corporation
Fort Worth-based Range Resources is an independent exploration and production company with that focuses entirely on its operations in the Marcellus Shale in Pennsylvania. At year-end 2023, Range Resources' proven reserves totaled 18.1 trillion cubic feet equivalent, with net production of 2.14 billion cubic feet equivalent per day. Natural gas accounted for 69% of production.
RatingPrice TargetMarket Update: EFX, LMT, TXN, UPS, V, KMI, HLT
U.S. stocks turned lower on Wednesday morning as investors digest new earnings reports. As interest rates are expected to remain elevated for some time, subdued consumer demand could persist. Orders for durable goods rose 2.6% in March, up from revised 0.7% increase in February and in line with estimates. Excluding transportation, orders ticked up 0.2% as a 30.6% increase in nondefense aircraft and parts led the increase. Orders for motor vehicles and parts also saw an increase (+2.1%), while orders slipped for computers and related products (-3.9%) and primary metals (-0.5%). Shares of Tesla (TSLA) popped despite the company missing estimates for earnings and sales and logged a drop in production and vehicle deliveries in the latest quarter. Plans to reintroduce a more-affordable EV. The Dow was down 0.4%, the S&P 500 fell 0.4% and the Nasdaq lost 0.3%. Crude oil is trading above $82 per barrel and gold fell $5 to $2337 per ounce.
Analyst Report: Kinder Morgan Inc
Kinder Morgan Inc. is one of the largest natural gas transmission and storage companies in North America. After going private in May 2007, it went public again in February 2011 via a $3.3 billion initial public offering. Following a late 2014 consolidation of its former operating entities, Kinder Morgan Energy Partners, L.P., Kinder Morgan Management, and El Paso Pipeline Partners, L.P., the newly consolidated company no longer has a master limited partnership structure, under which the former limited partners paid incentive distribution rights (IDRs) to KMI as their general partner. Through its various operating businesses, KMI operates a diverse set of assets, including 70,000 miles of pipelines and 152 terminals. Its pipelines transport natural gas, refined petroleum products, crude oil, carbon dioxide, and other products, and its terminals store products such as petroleum, chemicals, ethanol, coal, coke and steel. The company is a leading provider of carbon dioxide, which is used for enhanced oil recovery projects in North America. KMI also owns a 20% equity interest in NGPL Pipe Co. LLC, a major interstate natural gas pipeline and storage system.
RatingPrice TargetDaily – Vickers Top Insider Picks for 02/23/2024
The Vickers Top Insider Picks is a daily report that utilizes a proprietary algorithm to identify 25 companies with compelling insider purchase histories based on transactions over the past three months.