(IEZ) U.S. Oil Equipment - NYSE
ETF Category: Equity Energy | Exchange: NYSE (USA) | Market Cap: 647m USD | Total Return: 57.3% in 12m
Avg Turnover: 9.74M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
The iShares U.S. Oil Equipment & Services ETF (IEZ) tracks the performance of U.S.-listed companies specializing in the manufacturing, distribution, and servicing of oil and gas extraction hardware. The fund maintains a concentrated, non-diversified portfolio, allocating at least 80% of its assets to its underlying index while utilizing derivatives and cash equivalents for the remainder.
The oilfield services sector operates primarily through a business-to-business model, providing essential infrastructure such as drilling rigs, seismic testing, and well maintenance to exploration and production firms. These companies are highly sensitive to global crude oil prices, as capital expenditure budgets for energy producers dictate the demand for equipment and technical services.
Investors can further evaluate the underlying valuations of these service providers by using the tools available on ValueRay.
- Global upstream capital expenditure cycles drive demand for drilling services
- Crude oil price volatility dictates offshore and onshore rig counts
- Service provider margins expand through pricing power and fleet utilization
- International and offshore project awards offset North American land stagnation
As of June 20, 2026, the stock is trading at USD 27.59 with a total of 2,927,800 shares traded.
Over the past week, the price has changed by -9.29%,
over one month by -14.29%,
over three months by -1.79% and
over the past year by +57.26%.
U.S. Oil Equipment has no consensus analysts rating.