Invesco Energy Exploration & Production ETF
PXE
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 11 Greenway Plaza, Suite 1000 Houston TX United States of America 77046
- IPO Date
- Oct 26, 2005
- CIK
- 0001209466
- Website
- invesco.com
- Similar Companies
- Business
- Invesco Energy Exploration & Production ETF (PXE) is an exchange-traded fund that seeks to track the performance of the Dynamic Energy Exploration & Production Intellidex Index by normally investing at least 90% of its total assets in the securities comprising the index. The index evaluates U.S. energy exploration and production companies based on investment merit criteria, including price momentum, earnings momentum, quality, management efficiency, and value; top holdings as of recent data include EOG Resources, Occidental Petroleum, Phillips 66, Coterra Energy, and Valero Energy. The fund provides exposure to the energy sector, primarily U.S.-listed stocks in oil and gas exploration, production, and refining, with approximately 99.8% allocation to energy equities and a net expense ratio of 0.61-0.63%. Launched on October 26, 2005, and domiciled in the United States, PXE trades on NYSE Arca and is issued by Invesco Exchange-Traded Fund Trust, with assets under management around $67-75 million and a dividend yield near 3%. In a recent rebranding effective prior to August 28, 2023, the fund changed its name from Invesco Dynamic Energy Exploration & Production ETF to Invesco Energy Exploration & Production ETF to reflect updated branding, while maintaining its passive management strategy and quarterly rebalancing of holdings. The fund continues to focus on a broader selection universe than traditional benchmarks, including integrated oil and gas firms, amid ongoing sector dynamics in U.S. energy markets. No major acquisitions, funding rounds, or new product launches specific to PXE have been reported in the last 1-2 years.