Is there an Index on the NYSE for Integrated oil companies...or at least oil?

Question

Thank you for your answers.
Basicsally I have to compare Petro Canada (PCA.TSX, not PCZ.NYSE), with the index that is most closely related to it.
Which would you choose?

Answer 1

The XOI index trades on the American Exchange.

I do not know of any equivalent index on the NYSE.

Answer 2

As one reponder mentioned USO tracks the price of West Texas Intermediate oil. It does not however trade on the NYSE. You actually probably do not care where it trade, do you? Currently $49.99 a share.

You do bring up an very interesting point. I do not believe there are any pure integrated oil company index funds available. I do not know why? There are funds for about every other conceivable thing including one for nanotechnology companies.

There are several that do come very close to being Integrated oil index funds.

As one responder mentioned XLE. I guess about 65 to 70% of its holdings are in integrated oil companies. The rest in oil service and oil and gas production and refining companies.

Another that perhaps is more heavily weighted toward integrated oil is IXC. It appears to be more heavily weighted toward integrated oil and on a global rather than a U S basis. Again it trades on the AMEX.

If you had asked instead concerning oil production indexes, there are a couple of those.

PXE and XOP.

Answer 3

There is an ETF traded also. The symbol is USO. It tracks the price of Texas light sweet crude.