Invesco Oil & Gas Services ETF (PXJ) — ()
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News
Oil prices shake off tariff worries to rise after 3 straight weekly declines
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Sentiment: Positive ()
Oil futures rose Monday, finding support after three straight weekly declines that took crude to its lows of the new year.
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BP shares pop 8% after reports activist hedge fund Elliott has taken a stake in the struggling British oil major
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Sentiment: Positive ()
BP shares jumped at the market open, following weekend reports that activist investor Elliott Management has built a stake in the struggling oil major. BP stock was up 8.06% at …
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Mizuho Bank: 'much more dominant' U.S. posture on oil to anchor inflation concerns
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Sentiment: Positive ()
Mizuho Bank's Vishnu Varathan talks about China's struggles to rebalance their economy while navigating Trump tariffs. He sees Trump's oil policies cementing the U.S. as an exporter, helping to anchor …
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Natural Gas and Oil Forecast: Is the Bear Market Over for Energy Prices?
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Sentiment: Neutral ()
Crude oil and natural gas prices rebound, but is it sustainable? Key technical levels and market sentiment hint at the next big move.
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About Invesco Oil & Gas Services ETF PXJ
The Invesco Oil & Gas Services ETF (Fund) is based on the Dynamic Oil Services Intellidex Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index thoroughly evaluates companies based on a variety of investment merit criteria, including: price momentum, earnings momentum, quality, management action, and value. The Index is composed of stocks of 30 U.S. companies that assist in the production, processing and distribution of oil and gas. The Index may include companies that are engaged in the drilling of oil and gas wells; manufacturing oil and gas field machinery and equipment; or providing services to the oil and gas industry, such as well analysis, platform and pipeline engineering and construction, logistics and transportation services, oil and gas well emergency management and geophysical data acquisition and processing. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.