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 gimlimikeon Nov 12, 2014 4:08pm

257 Views

Post# 23121929

Derecognized is the new word for written off !

As at September 30, 2014, the Company derecognized previously capitalized evaluation and exploration assets of $748,000 related to its New Zealand license due to minimum work commitments on the exploration asset not being met by the Company or its partner on November 1, 2014. There are no further financial penalties or commitments relative to this asset after that date.

Bullboard Posts

BMO evolves InvestorLine with enhanced tools for options trading