MicroSectorsTM Oil & Gas Exploration… (OILD) Valuation
OILD valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 18.0 trailing earnings
- Forward P/E
- 12.4 analyst estimates
- Price / sales
- 1.95
- Price / book
- 2.22
- EV / EBITDA
- 7.5
- Earnings yield
- 5.54% inverse of P/E
- Dividend yield
- 2.19% of the holdings
- Return on equity
- 12.3% combined
- Net margin
- 10.8% combined
- Beta
- 0.49 weighted, vs S&P 500
OILD valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| OILD | 18.0 | 12.4 | 1.95 | 2.22 | 2.19% | 12.3% | 10.8% | 0.0% |
| SPY | 25.9 | 19.9 | 3.67 | 5.47 | 1.08% | 21.1% | 14.2% | 1.9% |
| QQQ | 34.2 | 23.4 | 5.93 | 9.27 | 0.58% | 27.1% | 17.4% | 6.9% |
| DIA | 20.9 | 18.4 | 3.16 | 5.52 | 1.55% | 26.4% | 15.1% | 0.0% |
| VTI | 28.2 | 19.4 | 3.31 | 5.00 | 1.07% | 17.7% | 11.8% | 4.6% |
| IWM | n/m | 13.9 | 1.25 | 2.03 | 1.38% | −1.7% | −1.0% | 28.1% |
Same method for every fund. n/m = not meaningful (combined trailing earnings below zero or close to it). Loss-makers = weight of holdings with negative trailing earnings.
OILD valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Energy | 98.1% | 18.0 | 12.4 | 1.95 | 2.22 | 2.19% | 12.3% |
OILD earnings yield vs bond yields
Earnings yield = earnings ÷ price (1 ÷ P/E). The gap to bond yields is a rough gauge of the extra return stocks are priced to deliver.
How OILD weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
OILD largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| XOM | Exxon Mobil Corporation | 15.00% | 23.0 | 14.8 | 2.0 | 2.30% | 12.20% |
| CVX | Chevron Corporation | 15.00% | 21.2 | 15.2 | 2.1 | 3.16% | 13.24% |
| COP | ConocoPhillips | 7.37% | 19.4 | 12.7 | 2.7 | 2.29% | 7.12% |
| SLB | Schlumberger Limited | 5.96% | 23.9 | 15.9 | 2.0 | 2.38% | 4.67% |
| DVN | Devon Energy Corporation | 4.98% | 11.1 | 9.3 | 3.0 | 2.52% | 8.44% |
| OXY | Occidental Petroleum Corporation | 4.44% | 17.7 | 14.6 | 2.6 | 1.80% | 4.69% |
| VLO | Valero Energy Corporation | 4.05% | 18.5 | 10.2 | 1.0 | 1.08% | 4.09% |
| FANG | Diamondback Energy, Inc. | 3.95% | 38.8 | 10.0 | 3.5 | 2.16% | 1.91% |
| EOG | EOG Resources, Inc. | 3.74% | 12.3 | 10.1 | 3.1 | 2.58% | 5.70% |
| BKR | Baker Hughes Company | 3.73% | 17.9 | 18.0 | 2.0 | 1.65% | 3.91% |
| MPC | Marathon Petroleum Corporation | 3.53% | 16.6 | 5.5 | 0.9 | 0.84% | 3.99% |
| HAL | Halliburton Company | 3.12% | 17.6 | 11.4 | 1.2 | 2.03% | 3.32% |
| EQT | EQT Corporation | 3.06% | 12.6 | 14.1 | 3.7 | 1.25% | 4.55% |
| LNG | Cheniere Energy, Inc. | 2.59% | 21.9 | 13.5 | 2.9 | 0.77% | 2.22% |
| EXE | Expand Energy Corporation | 2.55% | 8.1 | 9.6 | 1.8 | 2.46% | 5.94% |
| PSX | Phillips 66 | 2.55% | 16.8 | 9.7 | 0.8 | 1.81% | 2.85% |
| WMB | The Williams Companies, Inc. | 2.27% | 28.4 | 26.8 | 7.1 | 2.95% | 1.50% |
| APA | APA Corporation | 1.93% | 10.4 | 9.4 | 2.0 | 2.03% | 3.48% |
| YZ8 | Permian Resources Corporation | 1.80% | — | — | — | — | — |
| OVV | Ovintiv Inc. | 1.73% | 19.3 | 9.0 | 2.0 | 1.73% | 1.68% |
| FTI | TechnipFMC plc | 1.71% | 24.3 | 21.3 | 2.6 | 0.29% | 1.32% |
| KMI | Kinder Morgan, Inc. | 1.59% | 22.1 | 20.0 | 4.2 | 3.45% | 1.35% |
| DINO | HF Sinclair Corporation | 0.95% | 11.9 | 10.0 | 0.7 | 1.68% | 1.48% |
| DTM | DT Midstream, Inc. | 0.49% | 27.1 | 22.1 | 9.6 | 2.85% | 0.34% |
Share of earnings = the holding's part of the fund's combined trailing profit. Green: earns more than its weight; orange: less. Symbol links go to each company's key metrics.
About OILD valuation
Adding up its 23 holdings with company data, OILD trades at 18.0 times trailing earnings and 12.4 times analysts' forward estimates, with a price-to-book ratio of 2.22 and a dividend yield of 2.19%. Its earnings yield of 5.54% is 0.21 points above the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 68.2% of the fund and earn 66.0% of its combined profit. Companies that lost money over the past year are 0.0% of the covered weight.
How these figures are calculated. Each ratio treats the fund as one company: the earnings, sales and book value of every holding are added up in proportion to its weight and divided into the fund's price. In practice that is a weighted harmonic mean, so a single stock with a very high P/E cannot distort the result, and loss-making companies reduce the fund's earnings instead of being dropped. Covers 98.2% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: OILD chart, OILD performance, OILD holdings.
OILD valuation FAQ
What is the P/E ratio of OILD?
Based on its holdings, OILD has a trailing P/E of 18.0 and a forward P/E of 12.4 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of OILD?
The trailing earnings yield is 5.54% (1 ÷ P/E) and the forward earnings yield 8.08%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is OILD more expensive than the S&P 500?
OILD trades at 18.0 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 12.4 and 19.9.
What is the price-to-book ratio of OILD?
The holdings of OILD trade at 2.22 times book value, with a combined return on equity of 12.3%.