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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 Jan 14, 2015 10:27am
130 Views
Post# 23317699

RE:RE:RE:RE:Exxon's in the Ivory Coast

RE:RE:RE:RE:Exxon's in the Ivory CoastI have never had a beef with management until they started frivolously hiring vp of development ( when they have no money to develop anything) and hiring under contract a investor relations company when the one they had left . This all occurred in the midst of Ebola when it was very apparent to everyone that the schedule is gone out the window and is now driven by an uncontrollable issue against a background of limited resources and limited window for fund raising. Exxons rounding error is bigger than what xop has in the bank and any prudent management team would turn down the cash burning machine and hibernate. I too have a substantial position ,fortunately I sold a bunch at much higher prices but am still in the red and with what they are exhibiting for discipline am very hesitant to buy more even at 9 cents. That's my beef and how long do we keep rewarding old accomplishments by ignoring the current activity.
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