Invesco Oil & Gas Services ETF (PXJ) Research
The Invesco Oil & Gas Services ETF (PXJ) is an investment fund designed to mirror the performance of the Dynamic Oil Services Intellidex Index (the Index). Ordinarily, the ETF allocates a minimum of 90% of its total assets to the common equity securities that constitute this underlying index. The Index employs a rigorous methodology to select its constituents, evaluating companies based on a diverse set of investment merits, such as price momentum, earnings momentum, quality, management effectiveness, and valuation. Comprising 30 U.S.-based firms, the Index focuses on companies central to the oil and gas value chain – from exploration and extraction to processing and distribution. This encompasses businesses involved in drilling operations, manufacturing specialized oil and gas field equipment, or providing essential services to the sector. Such services may range from well analysis, platform and pipeline engineering and construction, logistics and transportation, to emergency management for wells and geophysical data acquisition and processing. Both the ETF and its benchmark Index undergo quarterly rebalancing and reconstitution. These adjustments occur in February, May, August, and November each year.
Market snapshot
- Symbol
- PXJ
- Price
- $40.73
- Day change
- -0.99%
- Market cap
- $30.4M
- 52-week range
- 23.52-47.11
- Sector
- Financial Services
- Industry
- Asset Management
Recent news
- Oil prices under new wave of pressure amid lingering questions over a Strait of Hormuz reopening
A flurry of headlines on Friday point to an increasingly fragile deal between the U.S. and Iran.
- U.S. Global Investors sees tailwind for airline stocks as oil prices slide
U.S. Global Investors (NASDAQ:GROW) said falling oil prices are providing a boost to airline stocks, pointing to gains in Delta Air Lines and United Airlines as carriers benefit from steady travel demand and lower fuel costs.
- Oil shipments rise in Hormuz although questions grow over Iran's transit terms
Oil shipments through the Strait of Hormuz picked up on Friday after the United States and Iran signed a ceasefire deal, with Gulf producers preparing to raise exports despite concerns over conditions set by Tehran for using the vital waterway.
Peer companies
- VanEck Oil Refiners ETF (CRAK)
- Sound Equity Dividend Income ETF (DIVY)
- ALPS Emerging Sector Dividend Dogs ETF (EDOG)
- Global X - Emerging Markets ex-China ETF (EMM)
- First Trust Nasdaq Transportation ETF (FTXR)
- iShares Russell 2000 BuyWrite ETF (IWMW)
- Direxion Daily Retail Bull 3X ETF (RETL)
- Strategy Shares Newfound/ReSolve Robust Momentum ETF (ROMO)
Open Invesco Oil & Gas Services ETF (PXJ) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.