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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
Low Expense Ratio
The ETF charges a relatively low expense ratio, making it cost-effective for investors.
Strong Geographic Focus
The fund has significant exposure to the U.S. market, which is a stable and mature economy.
Energy Sector Focus
The ETF is heavily concentrated in the energy sector, which can benefit from rising oil prices and global energy demand.
Negative Factors
Underperforming Top Holdings
Several of the largest positions, including Diamondback and Occidental Petroleum, have shown weak year-to-date performance.
Over-Concentration in Energy
With over 96% of assets in the energy sector, the fund is highly vulnerable to downturns in oil and gas markets.
Small Asset Base
The ETF has relatively low assets under management, which may lead to less liquidity and higher trading costs for investors.
OILT vs. SPDR S&P 500 ETF (SPY)
AUM10.27M
RegionNorth America
Expense Ratio0.35%
Beta0.73
IssuerTexas Capital
Inception DateDec 21, 2023
Dividend Yield3.04%
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. Volume2,229
30 Day Avg. Volume2,069
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
27.60Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering27
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
OILT Summary
The Texas Capital Texas Oil Index ETF (OILT) is an investment fund focused on companies in the oil and gas exploration and production sector, primarily in Texas. It tracks the Alerian Texas Weighted Oil and Gas Index, which includes major energy companies like Exxon Mobil and Diamondback Energy. This ETF is designed for investors who want exposure to the energy industry, particularly Texas’s oil-rich region, which plays a key role in global energy production. It could be a good choice for those seeking growth opportunities in the energy sector. However, it’s important to note that the ETF’s performance is closely tied to oil prices, which can be volatile.
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
The Texas Capital Texas Oil Index ETF (OILT) is heavily concentrated in the energy sector, with a strong focus on U.S.-based oil and gas exploration companies. Recent performance has been a mixed bag: Devon Energy is rising steadily, buoyed by strong operational performance and strategic initiatives, while Exxon Mobil remains a steady contributor thanks to its financial health and production advancements. However, Crescent Energy and Occidental Petroleum are dragging the fund, with bearish momentum and valuation concerns weighing on their outlooks. This ETF’s Texan oil focus offers potential upside but comes with sector-specific volatility.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Exxon Mobil | 9.02% | $923.78K | $547.77B | 15.64% | 74 Outperform | |
| Occidental Petroleum | 8.61% | $881.75K | $42.07B | -17.84% | 67 Neutral | |
| Conocophillips | 8.41% | $862.01K | $121.34B | -7.24% | 78 Outperform | |
| Diamondback | 7.98% | $817.82K | $43.35B | -16.04% | 81 Outperform | |
| Crescent Energy Company Class A | 7.25% | $743.08K | $2.75B | -49.58% | 66 Neutral | |
| EOG Resources | 6.71% | $687.74K | $57.15B | -22.89% | 78 Outperform | |
| Chevron | 5.23% | $535.52K | $334.77B | 2.97% | 71 Outperform | |
| APA | 4.72% | $483.97K | $9.14B | 5.66% | 73 Outperform | |
| Devon Energy | 4.22% | $432.48K | $22.71B | -4.61% | 79 Outperform | |
| Permian Resources | 4.05% | $415.02K | $11.95B | -10.00% | 81 Outperform |
OILT Technical Analysis
Positive
―
Price Trends
23.05
Positive
22.82
Positive
22.07
Positive
Market Momentum
0.16
Negative
55.26
Neutral
67.50
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 23.01, equal to the 50-day MA of 23.05, and equal to the 200-day MA of 22.07, indicating a bullish trend. The MACD of 0.16 indicates Negative momentum. The RSI at 55.26 is Neutral, neither overbought nor oversold. The STOCH value of 67.50 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
23.59
-1.97
-7.71%
FTXN
First Trust Nasdaq Oil & Gas ETF
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―
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USAI
Pacer American Energy Independence ETF
―
―
―
PXE
Invesco Dynamic Energy Exploration & Production ETF
―
―
―
PSCE
Invesco S&P SmallCap Energy ETF
―
―
―
PXJ
Invesco Dynamic Oil & Gas Services 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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