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OIH News and Press, VanEck Vectors Oil Services From 01/25/24

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Company Name: VanEck Vectors Oil Services
Stock Symbol: OIH
Market: NYSE

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OIH - ETF laggards might see a market top if they don't bounce up this week - BTIG

2024-01-25 13:12:26 ET More on iShares China Large-Cap ETF: FXI: An Ugly 2023 And Start To 2024 FXI: A Single-Digit P/E Overshadowed By A Strict Political Regime Demographic shift: China's population shrinks for second straight year Investors are watching man...

OIH - USO: OPEC Gets Wrecked By U.S. Shale Amid Poor Economic Growth

2024-01-23 06:12:28 ET Summary Global oil fundamentals are deteriorating due to poor economic growth, technical recessions, and emerging market sovereign defaults. Surging oil production from US shale and non-OPEC producers will offset Saudi Arabian-led production cuts, leading to...

OIH - Wall Street's worst performing energy stocks of 2024

2024-01-22 14:18:53 ET Even with oil ( CL1:COM ) trading higher by a little over 5% in 2024, energy stocks have not felt a significant lift. In fact, the sector is the worst performing S&P segment so far this year. At the moment, crude trades near the $75.20 per barrel range, a ...

OIH - Schlumberger Is A Strong Buy After The Earnings (Rating Upgrade)

2024-01-21 04:46:02 ET Summary SLB reached oversold levels not seen since the regional banking crisis on negative energy sentiment. The Q4 earnings were excellent and the company reiterated its bullish guidance for the next few years. Buying now could yield 30%-40% returns ove...

OIH - Commodities Are Still An Intriguing Contrarian Trade

2024-01-16 22:49:00 ET Summary The year ahead is, of course, a blank slate and no one has a clue how events will unfold. Weather and geopolitical risk are also on the short list as factors that could drive commodities prices higher, although marginal demand and monetary (liquidity...

OIH - U.S. Oil Production Just Hit An All-Time High: A Harbinger Of Short-Term Pain

2024-01-09 15:31:43 ET Summary WTI crude prices are down 5.2% over the past year, with a 24.4% drop from their peak. US oil output has reached an all-time high, indicating potential weakness ahead. Despite short-term bearishness, the long-term trajectory for oil prices remains...

OIH - Helmerich & Payne cut at Piper Sandler; U.S. land drilling in slow to no-growth market

2024-01-08 15:53:14 ET More on Helmerich & Payne Helmerich & Payne: Willing To Wait For Further Drop In Price Helmerich & Payne: Two Bright Spots Amidst Market Tumult Helmerich & Payne Q4 2023 Earnings Call Transcript For further details see: ...

OIH - 2023 Year-End Sector Review - Part 1

2024-01-04 11:15:00 ET Summary In this 2023 year-end sector review (part 1), we look at how companies performed during 2023 in the communications services, consumer discretionary, consumer staples, energy, and financial services sectors. After a bad year in 2022, the consumer disc...

OIH - VanEck Oil Services ETF declares annual distribution of $4.2235

2023-12-20 13:49:19 ET More on VanEck Vectors Oil Services ETF OIH: Outperforming Crude Oil, But Take Caution Into Year-End (Rating Downgrade) OIH: A Popular Fund And Good One For Energy Bulls Seeking Alpha’s Quant Rating on VanEck Vectors Oil Services ETF ...

OIH - VanEck Announces Year-End Distributions for VanEck Equity ETFs

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...

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