Launched on December 20, 2011, the VanEck Oil Services ETF (OIH) is a passively managed exchange traded fund designed to provide a broad exposure to the Energy - Equipment and services segment of the equity market.
The VanEck Oil Services ETF remains in a bullish trend, outperforming crude oil despite a bearish energy market. OIH benefits from rising OPEC+ output, pro-energy U.S. policy, and advances in LNG infrastructure and drilling technology. OIH's top holdings include Schlumberger, Baker Hughes, and Halliburton, with a 2.2% dividend yield and strong liquidity.
If you're interested in broad exposure to the Energy - Equipment and services segment of the equity market, look no further than the VanEck Oil Services ETF (OIH), a passively managed exchange traded fund launched on December 20, 2011.
If you're interested in broad exposure to the Energy - Equipment and services segment of the equity market, look no further than the VanEck Oil Services ETF (OIH), a passively managed exchange traded fund launched on 12/20/2011.
OIH surged alongside oil prices, but I maintain a hold rating due to ongoing technical concerns despite attractive valuations. The ETF's portfolio is highly concentrated in mid- and small-cap US oil services, adding cyclical and volatility risks. Recent momentum is positive, yet resistance near $265 and a negative long-term trend cap near-term upside potential.
If you're interested in broad exposure to the Energy - Equipment and services segment of the equity market, look no further than the VanEck Oil Services ETF (OIH), a passively managed exchange traded fund launched on 12/20/2011.
Crude oil prices are in a bearish trend, with NYMEX futures trading below $70 per barrel and geopolitical factors potentially pushing prices lower. The U.S. administration's "drill-baby-drill" policy aims to lower oil prices, achieve energy independence, and reduce inflation, benefiting oil service companies. The VanEck Oil Services ETF is positioned to profit from increased U.S. oil production and potential M&A activity in the oilfield service sector.
If you're interested in broad exposure to the Energy - Equipment and services segment of the equity market, look no further than the VanEck Oil Services ETF (OIH), a passively managed exchange traded fund launched on 12/20/2011.
The incoming Donald Trump administration's energy policy shift to increased drilling and fracking could boost earnings and share prices for leading U.S. oil services companies. The VanEck Oil Services ETF invests heavily in top oil services firms like Schlumberger, Baker Hughes, and Halliburton, with improved ETF grades recently. Despite a bearish trend since September 2023, the OIH ETF has shown a bullish trend since the March 2020 low, consolidating around $300 per share.
The VanEck Oil Services ETF (OIH) was launched on 12/20/2011, and is a passively managed exchange traded fund designed to offer broad exposure to the Energy - Equipment and services segment of the equity market.
Designed to provide broad exposure to the Energy - Equipment and services segment of the equity market, the VanEck Oil Services ETF (OIH) is a passively managed exchange traded fund launched on 12/20/2011.
Crude oil prices have declined due to OPEC+ production increases and seasonal demand drops, impacting oil services stocks like Schlumberger, Baker Hughes, and Haliburton. The U.S. election will significantly influence energy policy and oil prices, with potential volatility and opportunities in oil services ETFs like VanEck Oil Services ETF. The OIH ETF's recent decline could present a buying opportunity, especially if oil prices stabilize or rise due to geopolitical tensions or policy shifts.