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home / news releases / PXE - PXE: Investing In Oil And Gas Depends On Your Time Horizon


PXE - PXE: Investing In Oil And Gas Depends On Your Time Horizon

2024-05-31 12:45:40 ET

Summary

  • The Invesco Energy Exploration & Production ETF is a hold due to mixed factors impacting the oil and gas industry.
  • PXE has underperformed compared to its peers over the past decade, but has outperformed the overall market in the past year.
  • While oil and gas will remain dominant in the short term, renewable energy sources will eventually overtake them in the long term.
  • A key drawback for PXE is its high expense ratio, which is the highest among compared oil and gas ETFs.

Investment Thesis

For further details see:

PXE: Investing In Oil And Gas Depends On Your Time Horizon
Stock Information

Company Name: Invesco Dynamic Energy Exploration &Production
Stock Symbol: PXE
Market: NYSE

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