(IEZ) U.S. Oil Equipment - Overview
ETF Category: Equity Energy | Exchange: NYSE ARCA (USA) | Market Cap: 678m USD | Total Return: 100% in 12m
Avg Turnover: 11.4M
Warnings
No concerns identified
Tailwinds
Leader, Tailwind
The iShares U.S. Oil Equipment & Services ETF (IEZ) tracks an index of U.S. companies that provide drilling, evaluation, and maintenance services to oil and gas producers. The fund typically allocates 80% of its capital to index constituents, with the remaining 20% available for derivatives and cash equivalents to manage liquidity and tracking error.
Companies in this sector operate under a capital-intensive business model, often relying on high utilization rates of specialized machinery to maintain profitability. Unlike exploration and production firms, these service providers are sensitive to the capital expenditure budgets of major energy producers rather than direct day-to-day fluctuations in spot commodity prices.
Investors can further evaluate the underlying fundamentals of these service providers by using the analytical tools available on ValueRay. As a non-diversified fund, IEZ carries higher concentration risk, as its performance is heavily dependent on a limited number of large-cap industry leaders.
- Global upstream capital expenditure levels dictate demand for drilling and completion services
- Oil price volatility influences exploration budgets and rig count utilization rates
- Domestic energy policy and federal drilling permits impact onshore production activity
- Offshore project cycle recovery drives long-term revenue for deepwater equipment providers
- Cost inflation for labor and raw materials pressures operating margins across oilfields
As of May 24, 2026, the stock is trading at USD 31.89 with a total of 122,614 shares traded.
Over the past week, the price has changed by +1.21%,
over one month by +4.59%,
over three months by +11.73% and
over the past year by +99.99%.
U.S. Oil Equipment has no consensus analysts rating.