Invesco Energy Exploration & Production ETF (NYSEARCA:PXE) is a hold due to mixed factors impacting investment in the oil and gas industry. While crude oil and natural gas will likely maintain a dominant position in the global energy market, it is inevitably an exhaustible resource. Elevated gas prices will keep companies profitable, providing investors solid returns for PXE and peer funds in the short term. However, renewable energies will eventually overtake oil and gas in the long term. PXE is an ETF that seeks to track the Dynamic Energy Exploration & Production Intellidex Index.