ProShares - Ultra Bloomberg Natural Gas
BOIL
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Address
- 7501 Wisconsin Avenue, Suite 1000E Bethesda MD United States of America 20814
- IPO Date
- Oct 6, 2011
- CIK
- 0001415311
- Website
- proshares.com
- Similar Companies
- Business
- ProShares Ultra Bloomberg Natural Gas (BOIL) seeks daily investment results that correspond to two times (2x) the daily performance of the Bloomberg Natural Gas Subindex SM, which tracks the natural gas segment of the commodities market through futures contracts on natural gas; the fund utilizes derivatives including swap agreements, futures contracts, and options to achieve its leveraged exposure. Launched on October 4, 2011, and listed on NYSE Arca, BOIL targets sophisticated investors seeking magnified short-term returns from natural gas price movements, with quarterly distributions, an expense ratio of 0.95%, and options trading availability. The ETF, managed by ProShare Advisors LLC, holds positions such as natural gas futures (e.g., NYMEX Natural Gas Futures March 2026 contracts) alongside net other assets and cash. Headquartered in Bethesda, Maryland, ProShares—the issuer— pioneered leveraged and inverse ETFs since 2006 as part of ProShares Trust II, offering a broad lineup of strategic, tactical, and geared products across commodities, equities, and fixed income for institutional and retail investors globally. BOIL operates within the energy commodities sector, focusing on the volatile natural gas futures market influenced by supply-demand dynamics, weather patterns, and geopolitical factors. Recent operational changes include a 1-for-5 reverse stock split effective November 7, 2024, converting each share into 0.2 new shares to maintain listing compliance amid price volatility, following prior splits. ProShares has expanded aggressively in 2025, surpassing $100 billion in assets under management in October, launching new leveraged ETFs targeting 2x daily returns of indices like the S&P 500 Equal Weight and Nasdaq-100 Top 30, and single stocks such as Coinbase, Nvidia, Palantir, Tesla, and Circle Internet Group; the firm also strengthened distribution with key hires including three Regional Vice Presidents in September. Additional moves encompass appointing Sharon Rosenthal as Chief Human Resources Officer in December 2025 and announcing further ETF share splits for other products effective November 20, 2025.