Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download
Investment
Features
FeesSafety
Academy
More
Pluang+

Oil services ETF outperforms drillers ETF in 2026 amid capex cycle, but long-term returns favor drillers.

Market News
23 Jun 2026
24/7 Wall Street
View Source
Neutral
pluang ai news

The SPDR S&P Oil & Gas Exploration & Production ETF (XOP) and the VanEck Oil Services ETF (OIH) offer exposure to different parts of the oil sector. XOP invests in oil producers betting on crude prices, while OIH focuses on service companies that benefit from drilling activity. In 2026, OIH has outperformed with a 62.87% return over the past year due to a surge in drilling spending, while XOP returned 18.47%. However, over the last decade, XOP has delivered positive returns (35.63%) while OIH has declined (-20.09%) due to shale era pressures. Investors should choose XOP for direct crude price exposure and OIH if they expect a sustained drilling capex cycle. Current forecasts favor XOP unless Middle East supply disruptions or shale productivity issues force more drilling.

More News (XOM)

Three energy stocks with decades of dividend growth offer reliable income amid oil price swings.

Three energy stocks with decades of dividend growth offer reliable income amid oil price swings.

Amid volatile crude oil prices, three energy companies—Enterprise Products Partners, Exxon Mobil, and Chevron—stand out for their reliable dividends backed by strong cash flows and long payout histories. Enterprise Products boasts 27 years of distrib...

Market News
Bullish
7 hours ago
US Supreme Court allows Exxon to sue Cuba over seized property, easing foreign immunity rules.

US Supreme Court allows Exxon to sue Cuba over seized property, easing foreign immunity rules.

The US Supreme Court ruled 6-3 that Cuban state-owned companies like CIMEX cannot claim foreign sovereign immunity in lawsuits under the Helms-Burton Act. This decision favors Exxon Mobil, which is suing Cuba for confiscated oil assets seized by Fide...

Market News
Bullish
1 day ago
US oil production set to hit record in 2027 as midstream firms prepare for growth amid disciplined spending.

US oil production set to hit record in 2027 as midstream firms prepare for growth amid disciplined spending.

Despite higher crude prices, major US oil producers are maintaining capital discipline and only marginally increasing output, while smaller private firms are adding rigs. The US Energy Information Administration forecasts record oil production in 202...

Market News
Neutral
1 day ago
VictoryShares rebalances 3 free cash flow ETFs, shifting focus to energy, industrials, and international value stocks.

VictoryShares rebalances 3 free cash flow ETFs, shifting focus to energy, industrials, and international value stocks.

VictoryShares recently rebalanced three of its free cash flow (FCF) ETFs—VFLO, GFLW, and IFLO—shifting their portfolio focuses. VFLO increased holdings in energy giants like Exxon Mobil and Devon Energy while exiting tech and industrial stocks like D...

Market News
Bullish
2 days ago
Energy Select Sector SPDR Fund (XLE) volatility hinges on Brent crude prices and geopolitical risks.

Energy Select Sector SPDR Fund (XLE) volatility hinges on Brent crude prices and geopolitical risks.

The Energy Select Sector SPDR Fund (XLE) has experienced significant volatility recently, closely tracking Brent crude oil prices amid geopolitical tensions around the Strait of Hormuz. While XLE is up 21% year-to-date, its performance heavily depend...

Market News
Neutral
2 days ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App