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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 McBeanburgeron Feb 21, 2014 1:20pm
347 Views
Post# 22235618

RE:RE:I would like to see it soar but

RE:RE:I would like to see it soar but
allinenergy2 wrote: I actually haven't looked into their cash burn rate, but if it is high, what's the reason?

Their interest/expenses in the well is carried by Exxon so what could they be burning so much cash on?  Do you know the monthly cash burn?  Thanks in advance.


they have 50% commitment on NZ which cause some burn but not clear to me what that burn rate is.
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