You know hydraulic fracturing has crossed over from arcane oil and gas practice to cultural meme when there’s an ETF named for it.
The Market Vectors Unconventional Oil & Gas ETF (FRAK) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors Unconventional Oil & Gas Index (MVFRAKTR), a rules-based index intended to track the overall performance of the unconventional oil and gas segment, defined as: coalbed methane, coal seam gas, shale oil, shale gas, tight natural gas, tight oil and tight sands.
Launched on February 14, 2012, FRAK currently holds shares in 43 companies — 34 US-listed companies, 8 Canadian-listed companies, and 1 Australian-listed company. Despite its memorable ticker symbol, none of the oil and gas service companies that actually conduct hydraulic fracturing operations are included (e.g., Halliburton, Schlumberger, Baker Hughes).
All Fund Holdings as of 04/02/2012 | |||||
Number | Holding | Ticker | Shares | Market Value | % of net assets |
1 | OCCIDENTAL PETE | OXY US | 13,977 | $1,369,645.38 | 7.96% |
2 | CANADIAN NAT RES | CNQ US | 39,697 | $1,350,491.94 | 7.85% |
3 | EOG RESOURCES | EOG US | 10,797 | $1,223,839.95 | 7.11% |
4 | DEVON ENERGY CO | DVN US | 15,716 | $1,136,738.28 | 6.61% |
5 | HESS CORP | HES US | 14,591 | $868,894.05 | 5.05% |
6 | WILLIAMS COS INC | WMB US | 26,753 | $830,948.18 | 4.83% |
7 | NOBLE ENERGY INC | NBL US | 7,834 | $785,436.84 | 4.57% |
8 | CHESAPEAKE ENERG | CHK US | 29,630 | $690,675.30 | 4.01% |
9 | ENCANA CORP | ECA CN | 33,222 | $655,510.34 | 3.81% |
10 | PIONEER NATURAL | PXD US | 5,457 | $611,947.98 | 3.56% |
11 | TALISMAN ENERGY | TLM US | 46,591 | $604,751.18 | 3.52% |
12 | CRESCENT POINT ENERGY CORP | CPG CN | 12,967 | $566,665.80 | 3.29% |
13 | SOUTHWESTRN ENGY | SWN US | 15,453 | $477,497.70 | 2.78% |
14 | NEXEN INC | NXY CN | 23,871 | $449,856.67 | 2.61% |
15 | CONCHO RESOURCES | CXO US | 4,310 | $447,205.60 | 2.60% |
16 | RANGE RESOURCES | RRC US | 7,088 | $416,278.24 | 2.42% |
17 | PENN WEST PETROLEUM LTD | PWT CN | 20,294 | $403,694.00 | 2.35% |
18 | CONSOL ENERGY | CNX US | 10,259 | $357,628.74 | 2.08% |
19 | EQT CORP | EQT US | 6,686 | $330,488.98 | 1.92% |
20 | DENBURY RESOURCE | DNR US | 17,279 | $326,573.10 | 1.90% |
21 | CABOT OIL & GAS | COG US | 9,290 | $297,651.60 | 1.73% |
22 | WHITING PETROLEU | WLL US | 5,254 | $289,600.48 | 1.68% |
23 | QEP RESOURCES IN | QEP US | 7,939 | $250,475.45 | 1.46% |
24 | PLAINS EXPLORATI | PXP US | 5,502 | $237,686.40 | 1.38% |
25 | NEWFIELD EXPLORA | NFX US | 5,969 | $210,228.18 | 1.22% |
26 | SM ENERGY CO | SM US | 2,867 | $203,442.32 | 1.18% |
27 | NATIONAL FUEL GAS CO | NFG US | 3,528 | $170,561.16 | 0.99% |
28 | WPX ENERGY INC | WPX US | 8,973 | $165,551.85 | 0.96% |
29 | CONTL RES INC/OK | CLR US | 1,879 | $163,397.84 | 0.95% |
30 | PENGROWTH ENERGY CORP | PGF CN | 15,982 | $153,165.51 | 0.89% |
31 | ULTRA PETROLEUM | UPL US | 6,614 | $149,939.38 | 0.87% |
32 | PETROBAKKEN EN-A | PBN CN | 8,380 | $146,872.50 | 0.85% |
33 | TOURMALINE OIL CORP | TOU CN | 5,588 | $128,878.12 | 0.75% |
34 | ROSETTA RESOURCE | ROSE US | 2,334 | $115,252.92 | 0.67% |
35 | KODIAK OIL & GAS CORP | KOG US | 11,290 | $113,464.50 | 0.66% |
36 | OASIS PETROLEUM INC | OAS US | 3,478 | $108,131.02 | 0.63% |
37 | BERRY PETROL-A | BRY US | 2,026 | $98,504.12 | 0.57% |
38 | AURORA OIL & GAS LTD | AUT AU | 16,769 | $66,445.89 | 0.39% |
39 | GULFPORT ENERGY CORP | GPOR US | 2,136 | $62,435.28 | 0.36% |
40 | FOREST OIL CORP | FST US | 4,977 | $60,918.48 | 0.35% |
41 | NORTHERN OIL AND GAS INC | NOG US | 2,667 | $56,113.68 | 0.33% |
42 | EXCO RESOURCES INC | XCO US | 6,657 | $44,402.19 | 0.26% |
43 | BIRCHCLIFF ENERGY LTD | BIR CN | 4,008 | $29,333.23 | 0.17% |
44 | Net Other Assets / Cash | 0 | ($3,723.26) | 0.00% |