Spdr S&P Oil & Gas Exploration & Production Etf V.XOP.W

Primary Symbol: XOP

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the oil and gas exploration and production segment of a U. In seeking to track the performance of the S&P Oil & Gas Exploration & Production Select Industry Index, the fund employs a sampling strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the oil and gas exploration and production segment of the S&P Total Market Index (S&P TMI).

ARCA:XOP - Post by User

Spdr S&P Oil & Gas Exploration & Production Etf

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Post by uLYSESSon Mar 12, 2012 11:11pm

412 Views

Post# 19660756

Undervalued?

It seems that this stock is quite undervalued .....with the discovery last summer, and the potential Liberia block with Exxon, I am not sure why you can buy this for .28?

Canacord really dropped down the target price ....from $1.40 to .51

did this potential drop since 12/11?

ulysess

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