This summary was created by AI, based on 1 opinions in the last 12 months.
Experts have expressed positive sentiment towards BMO S&P/TSX Oil & Gas ETF (ZEO-T) due to its excellent exposure to the energy sector, equal weight across the energy sector, high yield of ~4.2% with a low management expense ratio, and a favorable energy cycle. The 4% energy sector weighting on S&P 500 indicates potential room for further gains in the sector as a whole, making this ETF a favorable option for investors.
Energy shares struggling first half of 2023.
Not a good pattern for investors.
Has sold shares.
Good way to play oil exposure.
Quality product for oil bulls.
Good time to buy oil.
Believes oil going to $100.
Challenge with buying US ETFs that participate in MLPs is that they're not favourable to a Canadian investor. Withholding tax of 15-30%. Be very, very careful on the MLPs. If you want gas exposure, think about XEG or ZEO. Most bang for the buck would be the HED, with small cap exposure. Small caps have more operating leverage if you're confident gas prices will rise. HOG is a bit more conservative.
(Past Top Pick Oct.10, 2017, Down 7%) Sold it and immediately also sold XEG, both being Canadian oil ETFs, because he sees no pipelines being built in Canada. The current $50 spread between WCS and WTI is crazy, nuts. Canadian taxpayers are losing money. It's absolute madness.
BMO S&P/TSX Oil & Gas ETF is a Canadian stock, trading under the symbol ZEO-T on the Toronto Stock Exchange (ZEO-CT). It is usually referred to as TSX:ZEO or ZEO-T
In the last year, there was no coverage of BMO S&P/TSX Oil & Gas ETF published on Stockchase.
BMO S&P/TSX Oil & Gas ETF was recommended as a Top Pick by on . Read the latest stock experts ratings for BMO S&P/TSX Oil & Gas ETF.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
0 stock analysts on Stockchase covered BMO S&P/TSX Oil & Gas ETF In the last year. It is a trending stock that is worth watching.
On 2024-12-12, BMO S&P/TSX Oil & Gas ETF (ZEO-T) stock closed at a price of $74.05.
Excellent exposure to energy sector. Equal weight across the energy sector. Yield ~4.2% with a low management expense ratio. Energy cycle favorable to investors. 4% energy sector weighting on S&P 500 (traditionally higher) indicating room for further gains in sector as a whole.