OIH - VanEck Vectors Oil Services ETF

NYSEArca - NYSEArca Delayed Price. Currency in USD
18.01
-0.24 (-1.32%)
At close: 4:00PM EDT

18.02 +0.01 (0.06%)
After hours: 4:41PM EDT

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Previous Close18.25
Open18.36
Bid18.01 x 800
Ask18.03 x 27000
Day's Range17.96 - 18.53
52 Week Range13.13 - 29.87
Volume8,242,813
Avg. Volume7,039,608
Market CapN/A
Beta (3Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Trade prices are not sourced from all markets
  • Oil Spurts on Tight Supply: 5 ETFs in Focus
    Zacks52 minutes ago

    Oil Spurts on Tight Supply: 5 ETFs in Focus

    The rally in crude oil prices continue on tightening global supplies. But, uncertainty over the continuance of the momentum prevails. In such a scenario, we discuss some oil ETFs.

  • Earnings Sentiments Might Be Influencing Energy ETFs
    Market Realist7 hours ago

    Earnings Sentiments Might Be Influencing Energy ETFs

    What Helped Your Energy Portfolio Overcome Oil's Weakness?(Continued from Prior Part)Correlation with US crude oil On April 10–17, major energy ETFs had the following correlations with US crude oil active futures: the VanEck Vectors Oil Services

  • Rising Oil Rigs Might Not Impact Oil
    Market Realist2 days ago

    Rising Oil Rigs Might Not Impact Oil

    Has Oil Lost Its Uptrend?(Continued from Prior Part)Oil rig count Last week, the oil rig count rose by two to 833—just 17 more rigs than the lowest level since April 13, 2018. The rig count tends to follow US crude oil prices with a three to

  • Energy ETFs Underperformed Oil’s Gains
    Market Realist6 days ago

    Energy ETFs Underperformed Oil’s Gains

    Why Energy ETFs Underperformed Oil's Gains?(Continued from Prior Part)Correlation with US crude oil On April 4–11, major energy ETFs had the following correlations with US crude oil active futures: the SPDR S&P Oil & Gas Exploration &

  • MarketWatch6 days ago

    National Oilwell Varco's stock tumbles after revenue warning, 'opaque' market outlook

    Shares of National Oilwell Varco Inc. tumbled 4.6% in morning trade Friday, after the oil services company lowered first-quarter revenue expectations, citing the negative impact of lower oil prices on oilfield equipment demand. The company said it expects first quarter revenue of $1.94 billion, which is up from $1.80 billion a year ago but below the FactSet consensus of $2.09 billion. "The severity of the decline in demand for oilfield equipment resulting from the sharp fall in oil prices during late 2018, further compounded by capital austerity that has taken hold in upstream oil and gas markets, was greater than we expected," said Chief Executive Clay Williams. The company said that while market conditions have improved since the beginning of the year, and are expected to continue to improve throughout the year, the outlook remains "opaque." As a result, the company plans initiatives during the year to cut costs. The stock has gained 8.9% year to date, while the VanEck Oil Services ETF has soared 29.7% and the S&P 500 has rallied 15.9%.

  • Schlumberger: Analysts’ Recommendations before Its Earnings
    Market Realist6 days ago

    Schlumberger: Analysts’ Recommendations before Its Earnings

    Schlumberger’s Q1 Earnings Are Expected to Fall 21%(Continued from Prior Part)Schlumberger in 2019Schlumberger (SLB) has risen ~26% in 2019 due to strength in crude oil prices. The stock has outperformed Baker Hughes (BHGE), Halliburton (HAL),

  • Rise in Oil Rigs Might Not Impact Oil Prices
    Market Realist9 days ago

    Rise in Oil Rigs Might Not Impact Oil Prices

    Goldman Sachs Raised the Oil Price Forecast for 2019(Continued from Prior Part)Oil rig countLast week, the oil rig count rose by 15 to 831 from the lowest level since April 13, 2018. The rig count tends to follow US crude oil prices with a three

  • 7 Energy ETFs That Could Be Running Out of Fuel
    InvestorPlace15 days ago

    7 Energy ETFs That Could Be Running Out of Fuel

    Energy commodities, namely oil, are among this year's best-performing commodities. Predictably, that scenario is proving beneficial for energy ETFs.After tumbling 18.20% last year, the Energy Select Sector SPDR (NYSEARCA:XLE), the largest energy ETF, is up 17.70% this year, underscoring the point that energy is one of the best-performing sectors in the S&P 500 to this point in 2019.While betting against energy ETFs has been losing proposition so far in 2019, that does not mean the group is immune to potential downside. Energy is a cyclical sector and could be tested if investors continue favoring defensive groups. Additionally, energy ETFs could be pinched by slowing global economic growth, which would crimp oil demand.InvestorPlace - Stock Market News, Stock Advice & Trading Tips"With oil prices once again above our unchanged midcycle price of $55 per barrel, we see less value in oil-related stocks than we did at the beginning of the year," said Morningstar in a recent note. * Should You Buy Q1's 6 Best-Performing S&P 500 Stocks? Another variable to consider with energy ETFs is that sectors favorable seasonal period comes to an end in the middle of the second quarter. While that is not a guarantee of bad tidings with energy ETFs, it is something to consider because some of the following energy ETFs could be vulnerable to downside in the months ahead. SPDR S&P Oil & Gas Exploration & Production ETF (XOP)Source: Shutterstock Expense ratio: 0.35% per year, or $35 on a $10,000 investment. The SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP) is rallying this year thanks in large part to this energy ETF's often intimate correlations to oil prices, but this is also what makes XOP vulnerable to significant downside if oil tumbles.XOP is up 17.50% this year. On its own, that sounds impressive, but when measured against the aforementioned XLE, XOP has not been the better bet on a risk-adjusted basis because exploration and production stocks are usually much more volatile than integrated oil names that dominate traditional energy ETFs like XLE.XOP could firm if oil inventories tighten and/or demand picks up. Given this energy ETF's domestic focus, the fund could benefit if U.S. shale producers scale back output during the second and third quarters, but there are no guarantees that scenario comes to pass. VanEck Vectors Oil Services ETF (OIH)Source: Shutterstock Expense ratio: 0.35% per year, or $35 on a $10,000 investment. Another high flier that is highly tied to oil prices, the VanEck Vectors Oil Services ETF (NYSEARCA:OIH) is up 26.51% this year. This energy ETF shares something common with integrated oil funds: OIH is dominated by a small number stocks, namely Schlumberger Ltd. (NYSE:SLB) and Halliburton Co. (NYSE:HAL).Those two oil services giants combine for over 34% of OIH's weight. Any material retrenchment in those names makes it difficult for OIH to deliver upside. Good thing some analysts are bullish on Schlumberger. * 3 Healthcare Stocks to Trade Now "Schlumberger stands out as high-quality and favorably valued," said Morningstar. "The market seems to be underrating prospects for the SPM business, a fully integrated services model that aspires to deliver a sea change in oil and gas development costs. SPM is already delivering returns on capital far ahead of the rest of the company, and therefore the business will lift Schlumberger's profitability up as it grows as a share of revenue in years to come." United States Oil Fund (USO)Source: Shutterstock Expense ratio: 0.84% per year. The United States Oil Fund (NYSEARCA:USO) is an energy ETF that is a likely epicenter of vulnerability if oil prices decline. This energy ETF is widely viewed as the bellwether oil fund, excluding equity-based products, and is also one of the most heavily traded commodities funds of any stripe. USO provides exposure to front month West Texas Intermediate (WTI) futures and there are some risks associated with that methodology."This method is particularly sensitive to short-term changes in spot prices, but can also result in heavy roll costs," according to ETF.com. "That makes USO a great vehicle for riding short-term moves in crude prices, but long-term holders may want to look at other options."Fortunately for bearish traders, USO has a robust options market and this energy ETF is highly liquid, meaning it is easy and cost-effective to sell short. Invesco S&P SmallCap Energy ETF (PSCE)Source: Shutterstock Expense ratio: 0.29% per year, or $29 on a $10,000 investment. The Invesco S&P SmallCap Energy ETF (NASDAQ:PSCE) is the small-cap answer to the aforementioned XLE and that alone explains this energy ETF's potential vulnerabilities if another oil bear market arrives.With PSCE up 26.23% this year, more than double the returns of the S&P SmallCap 600 Index, envisioning major declines for this energy ETF over the near term may be hard to do. However, if oil falters in earnest, that could trigger concerns about global economic growth and if investors become concerned about the U.S. economy, small caps would likely retreat, creating a double whammy of sorts PSCE. * 5 Cannabis Stocks Set to Skyrocket -- According to Wall Street's Top Analysts This energy ETF's 39 holdings, which have an average market value of $880 million, "are principally engaged in the business of producing, distributing or servicing energy related products, including oil and gas exploration and production, refining, oil services and pipelines," according to Invesco. Invesco DWA Energy Momentum ETF (PXI)Source: Shutterstock Expense ratio: 0.60%. Like many of the energy ETFs highlighted here, the Invesco DWA Energy Momentum ETF (NASDAQ:PXI) has been solid this year. And like many of the energy ETFs mentioned here, PXI faces two-fold scenarios that could make the fund vulnerable in the event oil prices retreat.First and foremost, PXI's composition, which includes a heavy tilt to mid- and small-cap stocks, makes the fund vulnerable to energy sector declines. Second, a momentum-based strategy could weaken more rapidly than cap-weighted energy ETFs if oil prices quickly erode.One sign to steer clear of PXI in oil bear market is already clear: this momentum energy ETF is up just 15% this year, trailing cap-weighted rivals like XLE by more than 200 basis points. Global X MSCI China Energy ETF (CHIE) Source: Shutterstock Expense ratio: 0.66%. The Global X MSCI China Energy ETF (NYSEARCA:CHIE) is another example of an energy ETF with impressive year-to-date gains (CHIE is up 16.55%) where speculating on near-term declines is a tricky endeavor, particularly with Chinese stocks ranking as among the world's top performers.CHIE's underlying index includes "all eligible securities as per MSCI's Global Investable Market Index Methodology, including China A, B and H shares, Red chips, P chips and foreign listings, among others," according to Global X. * 5 Automobile Stocks to Consider Now CHIE would be vulnerable to broader retrenchment in Chinese stocks, which would likely weigh on the global energy sector given that the world's second-largest economy is still a major energy importer. Plus, with CHIE lagging the equivalent U.S.-focused energy ETFs this year, the risk/reward trade off here currently is not favorable. First Trust Natural Gas ETF (FCG)Source: Shutterstock Expense ratio: 0.60%. The First Trust Natural Gas ETF (NYSEARCA:FCG) is up more than 19% this year, which is an impressive showing for this energy ETF. FCG is a mid-cap fund as highlighted by a median market value of $3.27 billion for the fund's 33 holdings.One of the primary issues with FCG is trusting that this fund will maintain its lead over traditional energy ETFs if oil and natural gas prices stay high and that FCG will not overshoot rival energy ETFs on the downside if energy commodities fall.These are relevant points because FCG has a history of lagging standard energy ETFs like XLE. From 2013 through 2018, FCG never outperformed XLE and during rough years for oil, such as 2014 and 2018, FCG's were much more severe than those incurred by regular energy ETFs.Todd Shriber does not own any of the aforementioned securities.Compare Brokers The post 7 Energy ETFs That Could Be Running Out of Fuel appeared first on InvestorPlace.

  • ETFs & Stocks to Ride on Oil's Biggest Quarter in Decade
    Zacks15 days ago

    ETFs & Stocks to Ride on Oil's Biggest Quarter in Decade

    The fundamentals for the energy market are extremely strong with the ability to stir up every kind of ETFs & stocks in the sector.

  • ETF Trends15 days ago

    Surging Oil Services ETF Has More Gas in The Tank

    The V anEck Vectors Oil Services ETF (OIH) , the largest oil services exchange traded fund, surged in the first quarter and with oil prices rallying to start the second quarter, the fund is now higher by 26.51% year-to-date. While OIH's surge to start 2019 may give some investors pause about jumping into the fund at current levels, some analysts believe oil services stocks can still notch upside from here. Earlier this year, OPEC issued a list of oil production cuts by its members and other major producers for the next six months starting January 1 to bolster confidence in the global crude oil markets as the cartel and its allies move to cut supply to combat the global glut, Reuters reports.

  • Will US Oil Production Continue to Slow Down?
    Market Realist16 days ago

    Will US Oil Production Continue to Slow Down?

    Will US Crude Oil Stay above $60?(Continued from Prior Part)Oil rig count Last week, the oil rig count fell by eight to 816—the lowest level since April 13, 2018. The rig count tends to follow US crude oil prices with a three to six-month lag. In

  • U.S. Manufacturing Sector Grows in March: ETF & Stock Picks
    Zacks16 days ago

    U.S. Manufacturing Sector Grows in March: ETF & Stock Picks

    U.S. Manufacturing PMI increased to 55.3 in March from February???s 54.2 and beat expectations. These industry ETFs and stocks could be good picks in an improving backdrop.

  • ETF Trends17 days ago

    Value Seen in Oil Services Stocks, ETFs

    With oil notching one of its best first-quarter performances on record, oil services stocks and the related exchange traded funds are off to impressive starts this year. For example, the VanEck Vectors Oil Services ETF (OIH) , the largest oil services ETF, jumped more than 23% in the first quarter. Earlier this year, OPEC issued a list of oil production cuts by its members and other major producers for the next six months starting January 1 to bolster confidence in the global crude oil markets as the cartel and its allies move to cut supply to combat the global glut, Reuters reports.

  • Energy ETFs: What Has Limited the Upside in Q1?
    Market Realist20 days ago

    Energy ETFs: What Has Limited the Upside in Q1?

    What Has Limited Your Energy Portfolio Gains in Q1?(Continued from Prior Part)Correlation with US crude oilSo far in the first quarter, major energy ETFs had the following correlations with US crude oil active futures:the VanEck Vectors Oil

  • SLB, HAL, BHGE, and NOV: Comparing the Leverage
    Market Realist23 days ago

    SLB, HAL, BHGE, and NOV: Comparing the Leverage

    SLB, HAL, BHGE, and NOV: Oilfield Services Stocks Have Risen(Continued from Prior Part)Debt-to-equity ratios Halliburton’s (HAL) debt-to-equity ratio is 1.1x—high compared to its peers. Baker Hughes (BHGE), Schlumberger (SLB), and National

  • Oil Rigs Impact US Oil Production
    Market Realist23 days ago

    Oil Rigs Impact US Oil Production

    Analyzing Key Dynamics of the Oil Market(Continued from Prior Part)Oil rig countLast week, the oil rig count fell by nine to 824—the lowest level since April 27. The rig count tends to follow US crude oil prices with a three to six-month lag.In

  • SLB, HAL, BHGE, and NOV: Oilfield Services Stocks Have Risen
    Market Realist24 days ago

    SLB, HAL, BHGE, and NOV: Oilfield Services Stocks Have Risen

    SLB, HAL, BHGE, and NOV: Oilfield Services Stocks Have RisenOilfield services stocks After falling significantly in 2018, the top oilfield services stocks have witnessed some gains in 2019. Schlumberger (SLB) and Baker Hughes (BHGE) have risen 18%

  • Oil’s Impact on Energy ETFs
    Market Realist27 days ago

    Oil’s Impact on Energy ETFs

    Oil's Impact on Energy ETFsCorrelation with US crude oilOn March 14–21, major energy ETFs had the following correlations with US crude oil May futures:the VanEck Vectors Oil Services ETF (OIH): 79.9%the SPDR S&P Oil & Gas Exploration

  • ETF Trends29 days ago

    Energy Sector ETFs Rally on Tightening U.S. Inventory levels

    Energy exploration and production sector-related exchange traded funds led market gains Wednesday as U.S. crude prices pushed back above $60 per barrel, a four-month high, on tightening oil supplies in ...

  • Will the Fall in US Oil Production Accelerate?
    Market Realistlast month

    Will the Fall in US Oil Production Accelerate?

    Why Oil's Rise Might Be Unstoppable(Continued from Prior Part)Oil rig count Last week, the oil rig count fell by one to 833—the lowest level since May. The rig count tends to follow US crude oil prices with a three to six-month lag. In February

  • Energy Subsector ETFs Rose with Oil Gains
    Market Realistlast month

    Energy Subsector ETFs Rose with Oil Gains

    Energy Sector Highlights Last Week(Continued from Prior Part)Energy subsector ETFsIn the week ending March 15, major energy subsector ETFs had the following performances:The SPDR S&P Oil & Gas Exploration & Production ETF (XOP) rose

  • Oil and Broader Market Are behind Energy Sector Gains
    Market Realistlast month

    Oil and Broader Market Are behind Energy Sector Gains

    What's behind Your Energy Portfolio Gains?(Continued from Prior Part)Correlation with US crude oilBetween March 7 and March 14, major energy ETFs had the following correlations with US crude oil April futures:the Energy Select Sector SPDR ETF

  • Analyzing US Crude Oil Production
    Market Realistlast month

    Analyzing US Crude Oil Production

    Oil Prices: Analyzing Key Fundamentals(Continued from Prior Part)Oil rig countLast week, the oil rig count fell by nine to 834—the lowest level since May. The rig count tends to follow US crude oil prices with a three to six-month lag.In

  • Halliburton Is Trading at Half of the Mean Target Price
    Market Realist2 months ago

    Halliburton Is Trading at Half of the Mean Target Price

    SLB, HAL, BHGE, and NOV: What Analysts Got Wrong(Continued from Prior Part)Halliburton’s target priceSimilar to Schlumberger (SLB), which we discussed in the previous part, Halliburton (HAL) is also trading at half of the analysts’ mean target

  • How Does the Oil Rig Impact US Crude Oil Production?
    Market Realist2 months ago

    How Does the Oil Rig Impact US Crude Oil Production?

    Will Oil Overcome President Trump's Dislike?(Continued from Prior Part)Oil rig count Last week, the oil rig count fell by four to 853. The rig count tends to follow US crude oil prices with a three to six-month lag. In February 2016, US crude oil