XES ETF Analysis: S&P Oil & Gas Equipment | NYSE
Equity Energy | NYSE, USA | Market Cap: 383m USD | 12M Return: 60% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 9.06M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
The SPDR S&P Oil & Gas Equipment & Services ETF (XES) seeks to track the performance of the S&P Oil & Gas Equipment & Services Select Industry Index using a sampling strategy, investing at least 80% of its total assets in the securities that make up the index. The underlying index is a segment of the broader S&P Total Market Index (S&P TMI), focusing specifically on U.S. companies that provide equipment, tools, and services to the oil and gas industry.
The oil and gas equipment and services sector supports upstream exploration and production activities, typically including companies involved in drilling rigs, well completion services, production equipment, and field support. Because the segment is tied to energy capital expenditure cycles, ETFs like XES often see performance closely correlated with oil price trends and rig activity levels rather than commodity prices directly.
- U.S. shale rig count declines amid weak crude prices
- E&P operators cut capital expenditure spending
- Crude oil price recovery boosts drilling activity
As of July 28, 2026, the stock is trading at USD 110.08 with a total of 68,376 shares traded. Over the past week, the price has changed by -1.12%, over one month by -1.78%, over three months by -13.51% and over the past year by +60.02%.
Current recommended Stop Loss: 102.50 (which is 6.9% or 2.5 ATR below the current price).
S&P Oil & Gas Equipment has no consensus analysts rating.