VanEck Oil Refiners ETF (CRAK)
- Previous Close
38.48 - Open
38.38 - Bid 37.86 x 800
- Ask 38.02 x 800
- Day's Range
37.87 - 38.26 - 52 Week Range
28.92 - 40.41 - Volume
14,080 - Avg. Volume
20,050 - Net Assets 47.91M
- NAV 38.31
- PE Ratio (TTM) 5.10
- Yield 3.26%
- YTD Daily Total Return 12.45%
- 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 4/23/2024. 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
Technical Assessment: Neutral in the Intermediate-Term
While the stock market made a decent recovery on Monday after getting trounced since April 11, we certainly do not have enough evidence that the pullback is over. There has been some minor technical damage from an intermediate-term perspective, with the major indices undercutting their 50-day moving averages and the 21-day exponential average crossing below the 50-day simple late last week. This is the first moving-average crossover since August 2023. So after any oversold rally runs its course, we think there is an even chance that the indices have another leg lower that will undercut Friday's low.
Analyst Report: Occidental Petroleum Corporation
Occidental Petroleum is an independent exploration and production company with operations in the United States, Latin America, and the Middle East. At the end of 2023, the company reported net proved reserves of nearly 4 billion barrels of oil equivalent. Net production averaged 1,234 thousand barrels of oil equivalent per day in 2023 at a ratio of roughly 50% oil and natural gas liquids and 50% natural gas.
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.
Analyst Report: Kinder Morgan, Inc.
Kinder Morgan is one of the largest midstream energy firms in North America, with an interest in or an operator on about 83,000 miles in pipelines and 140 storage terminals. The company is active in the transportation, storage, and processing of natural gas, crude oil, refined products, natural gas liquids, and carbon dioxide. The majority of Kinder Morgan's cash flows stem from fee-based contracts for handling, moving, and storing fossil fuel products.
RatingPrice Target