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

Bullboard Posts

Post by ALTACRUDEon Mar 27, 2013 10:17pm

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Post# 21178221

Ex/XOP have not agreed to new terms

Until Ex/XOP agree to new terms , we do not have a done deal . They agreed to put up $50,000,000 and that may be why they got lower royalties/taxes , expect they will want to have that reduced , before agreeing to new terms , government will not want to give that up , so it may be a while before we have a deal. This may be why the s/p has not gone up.

Bullboard Posts

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