These ETFs should rise with energy prices

Article Excerpt

Higher oil prices continue to spur stock prices for an array of companies in the energy industry. That includes energy services stocks. Those firms assist drillers in setting up oil and gas wells. They also make, fix and maintain the equipment used in oil extraction and transport. (See the supplement on page 70 for more). Here are three ETFs that provide exposure to companies involved in the oil and gas services industry. VANECK VECTORS OIL SERVICES ETF $27 (New York symbol OIH; TSINetwork ETF Rating: Aggressive; Market cap: $1.7 billion) invests in companies listed in the U.S. and providing services for producers in the oil industry. This ETF tracks the Market Vectors Listed Oil Services 25 Index. It includes the largest companies involved in oil services, including providers of oil equipment and oil drilling. The fund holds a portfolio of 25 stocks; the top five contribute a high 49% of its assets; They include Schlumberger Ltd. (18.6%), Haliburton (14.8%), Baker Hughes (5.4%), Transocean…