Texas Capital Texas Oil Index ETF

OILT

Market cap $12.6M

Energy is dominating headlines on escalating geopolitical tensions in the Middle East.  Following military strikes over the weekend, disruptions in the Strait of Hormuz — a chokepoint responsible for roughly 20% of global oil flow — have sent markets into a risk-off frenzy.

OILT hits a new 52-week high, up 50% from its low, as oil prices surge on geopolitical tensions.

Summary While the Permian tends to be known for its oil output, its production mix continues to get gassier, with gas production growth outpacing that of oil. Midstream companies are building new pipeline takeaway capacity from the Permian.

Through ETFs, iShares has long offered exposure to equity markets like Canada and Italy. Soon, the firm will provide access to an even larger market.

On this week's episode of ETF Prime, Stacey Morris, CFA, head of energy research at VettaFi, discussed the state of play for the energy and energy infrastructure sectors. Afterward, Mike Akins, founding partner at ETF Action, joined the podcast to break down ETF flows.

I've been writing about ETFs for almost 15 years. At my job, talking about an ETF by its ticker, and not its name, is the norm.

Energy has been the best-performing sector of March, driven by a sharp rise in oil prices. We have highlighted the five best-performing ETFs from the sector that led the market last month.

Follow Warren Buffett's latest tips and bet on these ETFs.

On this episode of ETF Prime, host Nate Geraci speaks with a trio of individuals discussing several different ETF-related topics. His guests include VettaFi's Stacey Morris who discusses the indexes behind Texas Capital Texas Oil Index ETF (OILT) and the Alerian MLP Index ETN (AMJB).