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iShares U.S. Oil & Gas Exploration & Production ETF (IEO)

  • Nov. 1, 2011, 10:25 AM
    Forest Oil (FST -9.2%) is following other oil producers lower (IEO -8.2%) after reporting Q3 revenue of $174.1M (-1% Y/Y) and EPS of $0.25; the latter was in-line, but the former missed by $23.5M. The company expects its oil and gas to grow by 4%-7% Q/Q in 2011. (PR)
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IEO Description
The iShares Dow Jones U.S. Oil & Gas Exploration & Production Index Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Select Oil Exploration & Production Index.
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Country: United States
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