VanEck Oil Services ETF
NYSE ARCA: OIH
$307.26
+$3.40 (+1.1%)
Closing Price on November 22, 2024
OIH Articles
The Department of Energy released its weekly oil inventory data and again we saw another build-up of black gold. This increase has started to hit the United States Oil (USO) and the Oil Services...
Published:
Last Updated:
Two of the largest oilfield services companies reported first quarter earnings today. Halliburton Company (NYSE:HAL) and Weatherford International Ltd. (NYSE:WFT) both came in close to analysts’...
Published:
Last Updated:
We have just seen another build in crude oil inventories according to the Department of Energy data. The build is not in finished products, but the increase in crude oil inventories was +5.6...
Published:
Last Updated:
Oil flirted with the $50.00 handle today, which would be close to a 4-month high. This also marked the end of the April contract expiration, so now we roll over to May. April delivery for light...
Published:
Last Updated:
Baker Hughes Inc. (NYSE: BHI) just released its weekly rig counts. Despite the fact that oil has recovered handily off its lows, it seems that oil rig operators still are not enthusiastic about...
Published:
Last Updated:
This week 24/7 Wall St. is picking several stocks from major sectors that are likely to double off of their lows. The time frame is by the end of 2010, which is meant to coincide with some form of...
Published:
Last Updated:
Just about every economist says that the employment rates, ergo the unemployment rate, is a lagging indicator. The same is arguably true for the total number of rigs in oil and gas. Baker Hughes...
Published:
Oil field services biggies, Halliburton (NYSE:HAL) and Weatherford (NYSE:WFT), reported first quarter results before the market opened this morning. Halliburton reported EPS of $0.64 on revenue of...
Published:
Last Updated:
Schlumberger Ltd. (NYSE: SLB) has posted diluted earnings-per-share of $1.11 versus $1.09 in the previous quarter, and $0.92 in the fourth quarter of 2006. Revenues were $6.2477 Billion, up from...
Published:
Media reports today are noting a $100 print in oil trading, although we would caution that this appears to be a paper trade from the floor and not an accurate market trading print. We inquired with...
Published:
Last Updated:
The great oil sage T. Boone Pickens was just on CNBC for a quick interview while he was out in California today to kick off the Long Beach and Los Angeles harbors to switch trucks over to natural gas...
Published:
Goldman Sachs may not be reversing its entire bullish stance on oil after oil traded over $93.00 per barrel on Monday, but it is recommending some old fashioned profit taking. Goldman Sachs noted...
Published:
Last Updated:
Oil crossed the $85.00 threshold today and then crossed the $86.00-mark. On last look, black gold was trading at $86.04 per barrel, up $2.35 from Friday. The reason is tied to Iraq, although not...
Published:
Last Updated:
If you know market pundits, you know Ken Heebner of CGM Realty. He made a fortune for investors on investing in real estate and he ditched that las year in favor of other plays. This morning he was...
Published:
Last Updated:
The famed T. Boone Pickens came on CNBC for a telephone interview again with new predictions for high oil prices. It was a bit interesting that he doesn’t have a stated target for oil this time...
Published:
Last Updated: