VanEck Oil Services ETF (NYSEARCA:OIH) Sets New 52-Week High – Still a Buy?

VanEck Oil Services ETF (NYSEARCA:OIH)’s stock price hit a new 52-week high during trading on Thursday . The company traded as high as $427.65 and last traded at $427.64, with a volume of 54960 shares changing hands. The stock had previously closed at $417.79.

Key Headlines Impacting VanEck Oil Services ETF

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

• Positive Sentiment: Spike in oil after U.S. seizure of Iranian ships increased Strait of Hormuz risk, lifting oil-service demand expectations. Dow Jones and Nasdaq poised to drop back as oil spikes on US seizure of Iranian ships
• Positive Sentiment: Brent and WTI moved back above $100–$105 on heightened Hormuz tensions, supporting day-to-day sentiment for oil services and related ETFs. Oil Prices Jump Above $105 After Ship Attacks in Hormuz Strait Put Iran Peace in Peril
• Positive Sentiment: ETF and energy strategists note sector-wide inflows and renewed investor interest in energy ETFs amid the Iran conflict, a tailwind for OIH. ETF Prime: Energy Stocks Surge on Iran Conflict
• Neutral Sentiment: Russia says it is maintaining oil supplies to world markets, which could cap extreme price spikes but leaves geopolitics as the main price driver. Russia says it’s maintaining oil supplies but has no new OPEC+ initiatives
• Negative Sentiment: S&P Global cut its 2026 oil demand forecast by ~700k bpd due to the Iran war, signaling weaker fundamental demand that could pressure prices and future services activity if sustained. S&P Global cuts 2026 oil demand forecast by 700,000 bpd due to Iran war
• Negative Sentiment: Restart of Druzhba pipeline flows and other supply adjustments (and a recent rise in U.S. commercial crude stocks) could ease some tightness, limiting sustained upside for oil services. Druzhba oil flow to Slovakia resumed early on Thursday, Slovak ministry says

VanEck Oil Services ETF Trading Up 2.6%

The stock’s 50-day moving average is $394.49 and its two-hundred day moving average is $332.31. The company has a market capitalization of $2.31 billion, a PE ratio of 10.97 and a beta of 0.84.

Hedge Funds Weigh In On VanEck Oil Services ETF

A number of large investors have recently added to or reduced their stakes in the stock. SBI Securities Co. Ltd. lifted its holdings in VanEck Oil Services ETF by 66.0% in the 4th quarter. SBI Securities Co. Ltd. now owns 88 shares of the company’s stock valued at $25,000 after purchasing an additional 35 shares in the last quarter. Wexford Capital LP purchased a new stake in shares of VanEck Oil Services ETF in the third quarter valued at about $27,000. Founders Financial Alliance LLC acquired a new position in VanEck Oil Services ETF in the 3rd quarter valued at about $33,000. Greykasell Wealth Strategies Inc. purchased a new stake in shares of VanEck Oil Services ETF in the 4th quarter valued at approximately $33,000. Finally, Empowered Funds LLC purchased a new stake in shares of VanEck Oil Services ETF during the 4th quarter valued at approximately $34,000. 94.50% of the stock is currently owned by institutional investors and hedge funds.

VanEck Oil Services ETF Company Profile

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.