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

In February 2025, short sellers ramped up their bearish positions on S&P 500 oil and gas stocks. This coincided with a 3.8% drop in crude oil futures, marking a reversal from a 6% rise in the prior month. The shift reflects growing caution in the energy sector as market dynamics evolve.1

Diamondback Energy plans to acquire Double Eagle IV Midco’s subsidiaries for $3 billion in cash and shares, targeting 40,000 net acres in the Midland Basin. The deal, closing in April, aims to boost production and extend inventory life. Asset sales are also planned to maintain financial stability.2

Marathon Petroleum's stock has declined 37.8% from its 52-week high, underperforming its peers. Despite strong Q4 earnings and a $10.2 billion capital return in 2024, the company has struggled against broader industry trends. Analysts remain moderately optimistic, citing potential for future recovery.3