FMP
Invesco Dynamic Energy Exploration & Production ETF
PXE
AMEX
The fund invests at least 90% of its total assets in the securities that comprise the underlying intellidex. The intellidex was composed of common stocks of U.S. companies involved in the exploration and production of natural resources used to produce energy. These companies are engaged principally in exploration, extraction and production of crude oil and natural gas from land-based or offshore wells. The fund is non-diversified.
25.14 USD
0.13 (0.517%)
Seeking Alpha
May 31, 2024
The Invesco Energy Exploration & Production ETF is a hold due to mixed factors impacting the oil and gas industry. PXE has underperformed compared to its peers over the past decade, but has outperformed the overall market in the past year. While oil and gas will remain dominant in the short term, renewable energy sources will eventually overtake them in the long term.
Zacks Investment Research
Apr 4, 2024
Oil prices surged recently to their highest levels since October as investors closely monitored escalating geopolitical tensions in key regions. The improved demand outlook is another reason for which oil prices can go higher.
Zacks Investment Research
Apr 2, 2024
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.
Zacks Investment Research
Apr 2, 2024
Wall Street wrapped up the first quarter with a big bang, driven by strong corporate profits, enthusiasm around AI and hopes that the Fed will cut rates.
Zacks Investment Research
Mar 20, 2024
Oil prices have been on a spike in recent weeks on concerns over Russian supply following increased Ukrainian drone strikes. This has driven energy stocks and ETFs.
Zacks Investment Research
Mar 18, 2024
Oil prices spiked last week, gaining 3% to near four-month high, buoyed by rising demand forecasts by the International Energy Agency, geopolitical tensions and domestic market dynamics.
Seeking Alpha
Feb 28, 2024
Invesco Energy Exploration & Production ETF is a passively managed fund that provides exposure to oil and gas companies. The oil and gas industry faces competing priorities, with demand recovering despite the push for low-carbon energy. PXE's allocation to firms across the market cap spectrum and the high rate of M&A activity in the industry make us like this fund.
Seeking Alpha
Jan 30, 2024
Energy, Consumer Non-cyclicals, and Financials sectors earn an Attractive-or-better rating at the beginning of 1Q24. Investors should focus on sector funds in the Energy, Consumer Non-cyclicals, and Financials sectors for quality stocks.
Zacks Investment Research
Dec 26, 2023
Shipping and energy sectors are the biggest winners from the attack in Red Sea.
Seeking Alpha
Dec 2, 2023
Invesco Energy Exploration & Production ETF provides targeted exposure to the energy exploration and production sector. Top holdings of PXE include Valero Energy, Phillips 66, Marathon Petroleum, Diamondback Energy, and EOG Resources. Compared to other energy ETFs, PXE has outperformed in terms of returns over the past three years, but timing may be challenging.