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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

Comment by good40on Jun 01, 2021 5:22pm
187 Views
Post# 33307784

RE:RE:RE:1st quarter results

RE:RE:RE:1st quarter resultsCuda owns 27% and owes about $50 million. XOP owns 57% and owes about $50 million.

Here's the biggest difference... XOP has issued more than 300 times the amount of outstanding shares.

Now if a knight in shining armor dropped by and gave each of them $50 million... who would be in a better position ? The one with 50 million shares or the one with 15 billion shares ?







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