Texas Capital Texas Oil Index ETF
OILT
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
- Address
- 2000 McKinney Avenue Dallas TX United States of America 75201
- IPO Date
- Dec 21, 2023
- Website
- texascapitalbank.com
- Similar Companies
- Business
- Texas Capital Funds Trust - Texas Capital Texas Oil Index ETF (OILT) is an exchange-traded fund that seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Alerian Texas Weighted Oil and Gas Index. The fund offers exposure to publicly traded companies responsible for more than 0.1% of Texas's annual oil and gas production over the past 10 years, based on data from the Texas Railroad Commission; the index is economic-value weighted with a 10% cap per constituent, focusing on oil and gas extraction within key regions such as the Permian Basin, Granite Wash, Barnett, Eagle Ford, and Haynesville/Bossier Shales. Top holdings include Diamondback Energy, Exxon Mobil, ConocoPhillips, Crescent Energy, Occidental Petroleum, EOG Resources, APA Corp, Chevron, Devon Energy, and Permian Resources. A series of the Texas Capital Funds Trust, a Delaware statutory trust formed in 2023 and registered as an open-end management investment company under the Investment Company Act of 1940, OILT was launched on December 20, 2023, and trades on NYSE Arca. Texas Capital Bank Wealth Management Services, Inc. d/b/a Texas Capital Bank Private Wealth Advisors, a wholly owned subsidiary of Texas Capital Bank headquartered in Dallas, Texas, serves as investment adviser; Ultimus Fund Solutions, LLC acts as administrator and fund accountant, while Northern Lights Distributors, LLC handles distribution. The fund targets investors seeking targeted exposure to West Texas Intermediate (WTI) production, emphasizing Texas's position as a leading global oil producer with high governance standards, production capacity, and infrastructure efficiencies. Recent developments include the expansion of Texas Capital's ETF portfolio with the launches of the Texas Capital Texas Small Cap Equity Index ETF (TXSS) and OILT in late 2023 and early 2024, followed by the Government Money Market ETF (MMKT) in September 2024. In November 2025, the Board approved the liquidation of TXSS, effective December 8, 2025, due to insufficient size, asset composition, and growth trajectory. Texas Capital Bank, the parent entity founded in 1998, continues to enhance its platform, including expansions in corporate and investment banking capabilities in May 2025.