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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Comment by AJMCon Apr 07, 2015 10:56am

180 Views

Post# 23603941

RE:admin and wage costs way out of line

These guys should be taking any course of action required to generate positive cashflow and minimize expenses. While I don't blame Art for Exxon not drilling (Exxon is HUGE), I sure think the guy should be demonstrating frugality and resourcefulness. A good technical team should be able to latch onto some sort of deal that generates cashflow.

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