VanEck Oil Services ETF (NYSEARCA:OIH) Sets New 1-Year High – Still a Buy?

VanEck Oil Services ETF (NYSEARCA:OIH)’s share price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $386.76 and last traded at $384.7060, with a volume of 82348 shares traded. The stock had previously closed at $375.58.

Key Stories Impacting VanEck Oil Services ETF

Here are the key news stories impacting VanEck Oil Services ETF this week:

• Positive Sentiment: Geopolitical escalation talk from U.S. officials pushed oil prices higher, supporting oil services names through near‑term price strength. Oil jumps more than 2% after Vance says Iran ignored key U.S. demand, military strikes on the table
• Positive Sentiment: Ongoing Russia–Ukraine tensions also gave crude a bounce, a direct tailwind for oil services exposure like OIH. Crude Oil Price Analysis – Oil Bounces on Tensions
• Positive Sentiment: Japan’s pledge to invest ~$36B in U.S. oil, gas and critical‑mineral projects could support future drilling and services activity in North America, a longer‑term positive for OIH constituents. Trump lauds Japan’s pledge to invest $36 billion in U.S. oil, gas and critical mineral projects
• Positive Sentiment: Suriname and Guyana forming a joint team to explore gas projects points to expanding regional upstream activity that could lift demand for services and equipment. Suriname, Guyana to form team to explore joint gas projects, oil minister says
• Neutral Sentiment: Oil futures are consolidating as traders weigh U.S.–Iran developments; consolidation can mean greater intra‑day volatility for OIH without a clear directional signal. Oil Futures Consolidate as Traders Assess U.S.-Iran Developments
• Neutral Sentiment: ENI weighing a return to oil & gas trading may increase market liquidity and volatility in energy markets, an indirect factor for services demand. Italy’s Eni plots return to oil and gas trading, FT reports
• Negative Sentiment: Progress or talks that reduce the Iran risk premium are pushing prices down from earlier highs, a headwind for oil services equities. Oil prices lose ground on hopes of de-escalation in US-Iran tensions
• Negative Sentiment: Rising inventories and output increases (e.g., Tengiz ramp, U.S. stock builds) are cited as capping crude’s upside, which could restrain spending by drillers and hit services demand. Natural Gas and Oil Forecast: Tengiz Output Surge Caps Crude at $70?
• Negative Sentiment: EU statements that there’s no short‑term supply risk in affected member states lower immediate disruption fears and reduce a portion of the geopolitical upside for oil. EU says no short-term oil supply risk in Hungary, Slovakia

VanEck Oil Services ETF Trading Up 2.4%

The firm has a market cap of $2.29 billion, a P/E ratio of 10.97 and a beta of 1.16. The firm’s 50 day moving average is $324.20 and its two-hundred day moving average is $286.11.

Institutional Investors Weigh In On VanEck Oil Services ETF

Large investors have recently modified their holdings of the business. Healthcare of Ontario Pension Plan Trust Fund lifted its holdings in shares of VanEck Oil Services ETF by 5.4% during the 4th quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 609,000 shares of the company’s stock valued at $173,425,000 after purchasing an additional 31,000 shares in the last quarter. Morgan Stanley increased its position in shares of VanEck Oil Services ETF by 6.2% during the fourth quarter. Morgan Stanley now owns 455,222 shares of the company’s stock worth $129,634,000 after acquiring an additional 26,633 shares in the last quarter. Wells Fargo & Company MN raised its holdings in shares of VanEck Oil Services ETF by 9.7% during the fourth quarter. Wells Fargo & Company MN now owns 188,675 shares of the company’s stock worth $53,729,000 after acquiring an additional 16,625 shares during the period. Gendell Jeffrey L lifted its position in VanEck Oil Services ETF by 79.9% in the 4th quarter. Gendell Jeffrey L now owns 146,532 shares of the company’s stock valued at $41,728,000 after acquiring an additional 65,084 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in VanEck Oil Services ETF by 189.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 141,542 shares of the company’s stock worth $36,788,000 after purchasing an additional 92,676 shares in the last quarter. 94.50% of the stock is currently owned by institutional investors.

About VanEck Oil Services ETF

The VanEck Oil Services ETF (OIH) is an exchange-traded fund that is based on the MVIS US Listed Oil Services 25 index, a market-cap-weighted index of 25 of the largest US-listed, publicly traded oil services companies. OIH was launched on Feb 7, 2001 and is managed by VanEck.