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OILT - ETF AI Analysis
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Texas Capital Texas Oil Index ETF (OILT)
Rating:72Outperform
Price Target:―
Positive Factors
Solid Recent Performance
The ETF has shown steady gains over the past month, three months, and year-to-date, indicating positive recent momentum.
Strong Core Energy Holdings
Several of the largest positions, including major oil companies, have delivered strong year-to-date performance, helping support the fund’s returns.
Moderate Expense Ratio
The fund’s expense ratio is moderate for a specialized energy ETF, so fees are not excessively eating into investor returns.
Negative Factors
Heavy Energy Sector Concentration
With almost all assets in the energy sector, the ETF is highly sensitive to swings in oil prices and energy market conditions.
Meaningful Single-Stock Exposure
The top holdings each make up a sizable share of the portfolio, increasing the impact that any one company’s weakness can have on the fund.
Mixed Performance Among Top Holdings
A few of the larger positions have shown weak or negative year-to-date performance, which can drag on overall returns if the trend continues.
OILT vs. SPDR S&P 500 ETF (SPY)
AUM11.71M
RegionNorth America
Expense Ratio0.35%
Beta0.72
IssuerTexas Capital
Inception DateDec 21, 2023
Dividend Yield2.62%
Asset ClassEquity
Index TrackedAlerian Texas Weighted Oil and Gas Index - Benchmark TR Gross
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume2,004
30 Day Avg. Volume2,292
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
28.29Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering26
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
OILT Summary
The Texas Capital Texas Oil Index ETF (OILT) tracks the Alerian Texas Weighted Oil and Gas Index and focuses on oil and gas exploration and production, mainly in Texas. It holds a mix of big, well-known energy companies like Exxon Mobil and Chevron, along with smaller exploration firms. Someone might invest in this ETF if they believe oil demand and Texas energy production will stay strong and want a simple way to spread their money across many oil companies at once. A key risk is that it is heavily tied to the energy sector, so its price can swing sharply with oil prices and energy market news.
How much will it cost me?The Texas Capital Texas Oil Index ETF (OILT) has an expense ratio of 0.35%, which means you’ll pay $3.50 per year for every $1,000 invested. This is slightly higher than average for ETFs because it is actively managed and focuses on a specialized niche in the energy sector. Active management often involves higher costs due to research and portfolio adjustments.
What would affect this ETF?The Texas Capital Texas Oil Index ETF (OILT) could benefit from rising global energy demand and advancements in oil extraction technology, which may boost the profitability of its top holdings like Exxon Mobil and Diamondback. However, it faces risks from potential regulatory changes targeting fossil fuels, fluctuating oil prices, and economic slowdowns that could reduce energy consumption. Its focus on Texas oil companies makes it highly sensitive to regional factors, such as weather disruptions or local policy shifts.
OILT Top 10 Holdings
OILT is essentially a Texas oil story in ETF form, with performance driven by heavyweight producers like Exxon Mobil and Chevron, both rising on solid earnings and strong cash generation. ConocoPhillips and EOG Resources are also pulling their weight, adding steady momentum as they lean into efficient production and shareholder returns. On the flip side, Diamondback and Crescent Energy look a bit tired, with more mixed or lagging trends that keep the fund from fully hitting its stride. With almost everything tied to U.S. energy, this is a concentrated bet on Texas oil and gas rather than a global energy mix.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Exxon Mobil | 9.01% | $1.07M | $616.51B | 36.61% | 74 Outperform | |
| SM Energy | 8.20% | $975.71K | $5.17B | -39.74% | 72 Outperform | |
| Occidental Petroleum | 8.18% | $972.82K | $45.26B | -7.61% | 67 Neutral | |
| Conocophillips | 8.15% | $970.26K | $134.42B | 11.00% | 78 Outperform | |
| Diamondback | 7.91% | $940.70K | $48.31B | 8.58% | 81 Outperform | |
| Crescent Energy Company Class A | 7.67% | $912.45K | $3.27B | -32.21% | 66 Neutral | |
| EOG Resources | 6.71% | $798.42K | $64.98B | -9.11% | 78 Outperform | |
| Chevron | 4.98% | $592.25K | $363.54B | 16.94% | 71 Outperform | |
| APA | 4.51% | $537.10K | $9.70B | 21.28% | 73 Outperform | |
| Devon Energy | 4.46% | $530.92K | $27.12B | 18.28% | 79 Outperform |
OILT Technical Analysis
Positive
―
Price Trends
24.18
Positive
23.36
Positive
22.67
Positive
Market Momentum
0.90
Negative
66.54
Neutral
78.68
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For OILT, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 25.71, equal to the 50-day MA of 24.18, and equal to the 200-day MA of 22.67, indicating a bullish trend. The MACD of 0.90 indicates Negative momentum. The RSI at 66.54 is Neutral, neither overbought nor oversold. The STOCH value of 78.68 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for OILT.
OILT Peer Comparison
Comparison Results
Performance Comparison
OILT
Texas Capital Texas Oil Index ETF
27.42
2.32
9.24%
PSCE
Invesco S&P SmallCap Energy ETF
―
―
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USAI
Pacer American Energy Independence ETF
―
―
―
PXE
Invesco Dynamic Energy Exploration & Production ETF
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―
―
PXJ
Invesco Dynamic Oil & Gas Services ETF
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―
―
PXI
Invesco DWA Energy Momentum ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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