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 08, 2015 3:50pm

141 Views

Post# 23610190

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:admin and wage costs way out of line

While the needless burn rate of cash is alarming, I expect management must have some sort of logical plan to soon generate cash (aside from dilution). Either management produces something leading into the AGM, or they are going to get absolutely roasted by angry shareholders!

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