IEZ - iShares US Oil Equipment & Services ETF

NYSEArca - NYSEArca Delayed Price. Currency in USD
23.20
-0.29 (-1.23%)
At close: 4:00PM EST
Stock chart is not supported by your current browser
Previous Close23.49
Open23.93
Bid0.00 x 1100
Ask0.00 x 900
Day's Range22.87 - 24.00
52 Week Range22.87 - 40.89
Volume356,219
Avg. Volume138,841
Net Assets190.92M
NAV25.98
PE Ratio (TTM)N/A
Yield1.42%
YTD Return-27.06%
Beta (3Y Monthly)1.50
Expense Ratio (net)0.43%
Inception Date2006-05-01
Trade prices are not sourced from all markets
  • Closing Bell Exchange: Great time to step into energy
    CNBC Videos7 months ago

    Closing Bell Exchange: Great time to step into energy

    Rene Nourse, Urban Wealth Management; Gordon Charlop, Rosenblatt Securities; and CNBC's Rick Santelli, discuss the day's market activity.

  • Why Halliburton Expects Flat Earnings in Q3 2018
    Market Realist4 months ago

    Why Halliburton Expects Flat Earnings in Q3 2018

    Is Halliburton Trading at an Attractive Valuation? One of the issues facing Halliburton’s North American market is an increase in trucking costs due to the increased usage of trucks to move crude oil and sand. Another issue is the constraint in the Permian Basin takeaway capacity.

  • Institutional Investors Seem Bearish on National Oilwell Varco
    Market Realist4 months ago

    Institutional Investors Seem Bearish on National Oilwell Varco

    The Vanguard Group, Dodge & Cox, and First Eagle Investment Management are the top three institutional investors in National Oilwell Varco (NOV). They own 10.5%, 8.2%, and 7.1%, respectively, of National Oilwell Varco’s outstanding shares. According to the latest filings, Dodge & Cox and First Eagle Investment Management sold net 1.0 million and 44,644 National Oilwell Varco shares, respectively, from their holdings. The Vanguard Group added net 0.4 million National Oilwell Varco shares in the second quarter.

  • Baker Hughes: Are Institutional Investors Bearish?
    Market Realist4 months ago

    Baker Hughes: Are Institutional Investors Bearish?

    Capital World Investors, Dodge & Cox, and the Vanguard Group are the top three institutional investors in Baker Hughes (BHGE). They own 11.8%, 9.2%, and 9.0%, respectively, of Baker Hughes’s outstanding shares. According to the latest filings, Capital World Investors and Dodge & Cox added net 3.7 million and 1.0 million Baker Hughes shares, respectively, to their holdings. The Vanguard Group sold net 7.2 million Baker Hughes shares in the second quarter.

  • US Crude Oil Rigs Recovered from a Two-Month Low
    Market Realist4 months ago

    US Crude Oil Rigs Recovered from a Two-Month Low

    Baker Hughes, a GE Company (BHGE), published its US crude oil rig count report on July 27. Baker Hughes reported that US crude oil rigs rose by three to 861 on July 20–27. The rigs hit 858 for the week ending July 20—near the lowest level since May 18. However, the rigs have increased by 95 or ~12.4% year-over-year.

  • US Crude Oil Rigs Approach a Two-Month Low—What’s Next?
    Market Realist5 months ago

    US Crude Oil Rigs Approach a Two-Month Low—What’s Next?

    Baker Hughes, a GE company (BHGE) published its US crude oil rigs report on July 20. It reported that US crude oil rigs fell by five to 858 from July 13 to July 20. Rigs were near the lowest level since May 18. However, rigs have risen by 94 (~12.3%) from a year ago.

  • ETF Trends6 months ago

    5 Oil Services ETFs Pumped Up After OPEC

    Small-cap energy and oil services ETFs were leading the market rebound Friday after the Organization of Petroleum Exporting Countries (OPEC) agreed to only modestly raise oil supplies to head off rising ...

  • Short Interest in Schlumberger as of May 25
    Market Realist6 months ago

    Short Interest in Schlumberger as of May 25

    Short interest in Schlumberger (SLB) as a percentage of its float was 1.50% on May 25, compared to 1.47% on May 26, 2017. Since May 26, 2017, short interest in SLB has increased 1.4%. So, investors have increased their negative bets on Schlumberger marginally in the past year. As noted in the graph below, SLB’s stock price and short interest as a percentage of float have mostly been inversely related since May 2016.

  • What Schlumberger’s Historical Valuations Suggest
    Market Realist6 months ago

    What Schlumberger’s Historical Valuations Suggest

    On March 29, Schlumberger’s (SLB) stock price was 4.0% lower than on December 29, 2017. March 29 was the last trading day of SLB’s first quarter. In the first quarter, SLB’s adjusted earnings were negative. So, its price-to-earnings (or PE) multiple wasn’t meaningful in the first quarter.

  • US Crude Oil Rig Count Nears Multiyear High
    Market Realist6 months ago

    US Crude Oil Rig Count Nears Multiyear High

    Baker Hughes, a GE company (BHGE), released its US crude oil rig count report on May 25, indicating that the US crude oil rig count rose by 15 to reach 859 between May 11 and 18—the highest level since March 13. The rig count was 137 (~19%) higher than a year ago. WTI crude oil prices have increased ~60% since June 21, 2017, while the iShares US Oil Equipment & Services ETF (IEZ) and the VanEck Vectors Oil Services ETF (OIH) have risen ~17.8% and ~15%, respectively.

  • Schlumberger’s Free Cash Flow and Capex after the First Quarter
    Market Realist7 months ago

    Schlumberger’s Free Cash Flow and Capex after the First Quarter

    Schlumberger’s (SLB) cash from operating activities (or CFO) decreased ~13% in the first quarter from a year ago. SLB generated $568 million in CFO. Despite the increase in revenues in the past year, adverse changes in working capital mainly led to the decrease in SLB’s CFO. Schlumberger’s free cash flow and capex

  • ETF Trends7 months ago

    Oil Services ETFs: Recovery Faces Tests

    Oil services stocks and exchange traded funds have actively participated in the energy sector rally. For example, the VanEck Vectors Oil Service ETF (NYSEArca: OIH) is up more than 16% since the start ...

  • Will Rising Rig Counts Add to Schlumberger’s Tally in 2018?
    Market Realist7 months ago

    Will Rising Rig Counts Add to Schlumberger’s Tally in 2018?

    In the first quarter, Schlumberger’s (SLB) North American revenue share increased to ~37% of SLB’s total revenues, compared to 28% in Q1 2017. In comparison, Halliburton (HAL) generated 61% of its first-quarter revenues in North America.

  • What Are Weatherford International’s Capex Plans for 2018?
    Market Realist7 months ago

    What Are Weatherford International’s Capex Plans for 2018?

    Weatherford International’s (WFT) cash flow from operating activities (or CFO) in the first quarter was -$185 million compared to -$179 million in Q1 2017.

  • US Crude Oil Rigs Are Steady near March 2015 Highs
    Market Realist7 months ago

    US Crude Oil Rigs Are Steady near March 2015 Highs

    Baker Hughes, a GE Company (BHGE), released its US crude oil and natural gas rig count report on May 18. Baker Hughes reported that US crude oil rigs were flat at 844 on May 11–18—the highest level since March 13, 2015. The rigs have also risen by 132 or ~18.5% from a year ago.

  • What’s the Short Interest in Helix Energy Solutions on May 10?
    Market Realist7 months ago

    What’s the Short Interest in Helix Energy Solutions on May 10?

    As of May 10, short interest in Helix Energy Solutions Group (HLX) as a percentage of its float was 4.7% compared to 5.6% as of May 10. Since May 10, 2017, short interest in HLX has gone down 15%. So, investors decreased negative bets on HLX in the past year. Since May 10, HLX’s stock price has risen ~33%.

  • Are Oil Bulls Tracking US Crude Oil Rigs?
    Market Realist7 months ago

    Are Oil Bulls Tracking US Crude Oil Rigs?

    Baker Hughes, a GE Company (BHGE), released its US crude oil rig count report on May 11. Baker Hughes reported that US crude oil rigs increased by ten to 844 on May 4–11. US crude oil rigs were near the highest level since March 13, 2015. The rigs also have risen by 132 or ~18.5% from a year ago.

  • What Were TechnipFMC’s Earnings Drivers in 1Q18?
    Market Realist7 months ago

    What Were TechnipFMC’s Earnings Drivers in 1Q18?

    TechnipFMC (FTI) released its 1Q18 financial results on May 9. From 1Q17 to 1Q18, the Subsea segment’s revenue decreased 14%, while the Onshore/Offshore segment decreased 10.8% fall. The Surface Technologies segment’s revenue rose 49% during the same period.

  • Comparing the Relative Valuations of BHGE and NOV
    Market Realist7 months ago

    Comparing the Relative Valuations of BHGE and NOV

    In this article, we’ll compare the relative valuation multiples of Baker Hughes (BHGE) and National Oilwell Varco (NOV). For the purpose of this comparison, we’ve also included Schlumberger (SLB) and Halliburton (HAL) in our analysis.

  • How Were BHGE and NOV’s Earnings in 1Q18?
    Market Realist7 months ago

    How Were BHGE and NOV’s Earnings in 1Q18?

    In this part, we’ll analyze the 1Q18 net income for Baker Hughes, a GE Company (BHGE), and National Oilwell Varco (NOV). In 1Q18, Baker Hughes’s reported net income was $70 million—126% higher compared to the net income in 4Q17. The comparable net income figure in 1Q17 wasn’t available. In 1Q18, Baker Hughes’ss net income was impacted by various charges including $162 million in restructuring, impairment, and other charges, $46 million in merger and related costs, and a $61 million inventory impairment charge.

  • US Crude Oil Rigs Reached Multiyear Highs
    Market Realist7 months ago

    US Crude Oil Rigs Reached Multiyear Highs

    Baker Hughes, a GE Company (BHGE), released its weekly US crude oil rig count report on May 4. Baker Hughes reported that US crude oil rigs increased by nine to 834 on April 27–May 4. US oil rigs were at the highest level since March 13, 2015. The rigs also have risen by 131 or ~18.6% year-over-year.

  • US Oil Crosses $70 First Time in 3 Years: ETFs in Focus
    Zacks7 months ago

    US Oil Crosses $70 First Time in 3 Years: ETFs in Focus

    Worries over U.S. sanctions on Iran have pumped up oil prices to more than $70. ETFs in Focus.

  • Relative Valuation: Comparing Schlumberger and Halliburton
    Market Realist7 months ago

    Relative Valuation: Comparing Schlumberger and Halliburton

    In this part, we’ll compare Schlumberger (SLB) and Halliburton’s (HAL) relative valuation multiples. We have also included Baker Hughes, a GE Company (BHGE), and National Oilwell Varco (NOV) in our analysis. As you can see in the following table, Schlumberger is the largest company by market capitalization among our set of select OFS (oilfield equipment and services) companies. National Oilwell Varco is the smallest company by market capitalization.

  • Schlumberger and Halliburton’s 1Q18 Earnings Improved
    Market Realist7 months ago

    Schlumberger and Halliburton’s 1Q18 Earnings Improved

    In 1Q18, Schlumberger (SLB) reported a net income of $530 million—an 87% improvement compared to its net income of nearly $284 million in 1Q17. For Schlumberger, 96% operating income growth year-over-year in the Production group and 28% operating income growth in the Drilling group helped improve the company’s bottom line in 1Q18. Compared to 4Q17 when Schlumberger recorded a net loss of $2.25 billion, the net income in 1Q18 was a marked improvement. Schlumberger’s net income in 4Q17 was lower due to some major one-time charges.

  • What Were Nabors Industries’ Earnings Drivers in 1Q18?
    Market Realist7 months ago

    What Were Nabors Industries’ Earnings Drivers in 1Q18?

    Nabors Industries (NBR) released its 1Q18 financial results on May 1. From 1Q17 to 1Q18, Nabors Industries’ Drilling Solutions segment revenue increased the most by 129%, followed by the US Drilling segment with a 49% increase, and the Rig Technologies segment with a 46.7% increase.