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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 Storckon Oct 06, 2013 2:05pm
243 Views
Post# 21794767

RE:RE:RE:Price estimates

RE:RE:RE:Price estimates good40, you are keeping it real. All the calculations here have been unrisked pie-in-the-sky views of "what if they hit within their range of prospective recoverable resources and all the factors come together to lead to commerciality". Doubtful that we'd need to worry much about dilution for development funding. Deepwater developments are hugely expensive and in a success case these guys would be nothing but a hold-up and a nuisance. XOM does what they want, when they want, and I would fully expect that they or another significant player would take out XOP at the proven undeveloped stage.
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