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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 bullbleepon Feb 17, 2012 1:01pm
374 Views
Post# 19550280

RE: RE: blessing in disguise....

RE: RE: blessing in disguise....

we will get the actual data in due course...but its obviously in the $10's of millions that has been left on the table. You have never liked any of their North Sea results to date....and have been particularly negative on Esperanza - accordingly you must find solace that the agreement with BG is over.

As I said.....this looks like the better of 2 bad options. 

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