OIH News and Press, VanEck Vectors Oil Services From 12/15/23

VanEck announced today the following 2023 annual distributions per share for its VanEck ® equity exchange-traded funds. Distributions Per Share for the VanEck ETFs Listed Below Ex-Date: December 18, 2023 | Record Date: December 19, 2023 | Payable Date: December 22, 2023...

2023-12-12 04:14:00 ET Summary How elections in Taiwan and the U.S. could dramatically reshape relations with China. Why globalization is changing in ways not seen in decades. Onshoring and the impact on manufacturing. From geopolitical conflicts to market volatili...

2023-12-08 11:38:36 ET More on Markets Dividend Roundup: Walmart, Dell Technologies, Mastercard, AIG, and more Money market funds attract more than $50B on the week Russell Investments says investors should remain cautious about 2024 Wells Fargo ant...

2023-11-27 04:41:09 ET Summary Chevron's stock hit new 52-week lows after the Hess deal; this increased the dividend yield to 4.17%. CVX stock price drop is likely a correction of the prior overvaluation; the dividend appears quite safe. The dividend discount model implies the...

2023-11-20 09:33:50 ET Summary WTI crude oil fell from its late-September high but rebounded slightly on Friday last week. The OIH ETF has been the worst-performing among well-known Energy equity funds since oil's September peak. I am downgrading OIH from a buy to a hold due t...

2023-11-20 09:33:00 ET Summary For the week, the S&P 500 was up 2.2%. After three consecutive up weeks, we are now just 1.6% below the 2023 high-water mark, set on July 31. The best performer last week was the small-cap Russell 2000, as investors sought bargains among the asse...

2023-11-19 20:28:26 ET Summary Oil services companies have substantially underperformed since 2014. However, the long-term outlook for upstream spending looks favorable for the oil services sector. Despite the short-term risk of a global economic slowdown, buying XES ETF for t...

2023-11-19 10:28:42 ET Summary VanEck Oil Services ETF provides broad exposure to the Energy - Equipment and Services sector of the stock market. OIH has low costs, transparency, flexibility, and tax efficiency, making it an attractive investment option. The ETF's top holdings...

2023-11-16 16:56:10 ET Oil and Energy ETFs: ( NYSEARCA: USO ), ( UCO ), ( DBO ), ( SCO ), ( OILK ), ( NYSEARCA: USL ), ( NYSEARCA: XLE ), ( NYSEARCA: VDE ), ( XOP ), ( OIH ), ( AMLP ), ( AMJ ), ( IXC ), ( FENY ), an...

2023-11-13 12:28:58 ET More on Crude Oil Weak demand, or too much supply - which is driving the drop in oil prices? U.S. drilling rigs drop for second straight week to lowest since February 2022 We are in the early stages of what will be a supercycle in commodities -...