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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 gimlimikeon Dec 23, 2014 6:23am
120 Views
Post# 23258650

RE:RE:Latest financials and almost 1/2 billion shares outstanding

RE:RE:Latest financials and almost 1/2 billion shares outstandingprior to the new hiring they had about 12 months cash from Sept 30 to pay the bills. , but they obviusly felt that was too much of a cushion so they hired  a new vp anf i/r firm to burn the cash faster. it is totally inconcievable to me why they need a vp of business development when they have no money to spend  on developing. that should be a function of existing management as they don't really have much on their plate until Ebola subsides . Do they really need a UK office, do they need any staff at all?  the Nigeria promise has been out there long enough with no results , how long before its " derecognized". there is such an apparent disonnect from reality. 

never mind all this business has anyone asked rhey question whether Exxon want to drill at $60.00 oil ?
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