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).

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Spdr S&P Oil & Gas Exploration & Production Etf > Production decline

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Post by good40on Jun 27, 2022 11:50am

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Post# 34784791

Production decline

Five months in a row... down 17% from January. May sales fell to 932 bopd net, without Cuda.

1366 bopd with Cuda. The oil hedge is for 1052 bopd at $56/bbl. Basically 77% of their sales is
hedged if no further decline in production.

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