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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 checkingfacts66on May 21, 2015 11:14am
183 Views
Post# 23750528

RE:RE:RE:RE:RE:RE:agm

RE:RE:RE:RE:RE:RE:agmHow can it help shareholders that a company with no cashflow is raising money in private capital markets and then lending it to the public company?  The only thing the loans can be secured against are assets within the company. Block 13 is one of them.  My real concern here is the loans are really an opportunity to dillute us on conversion of loans to ShoreCan, into shares in XOP, at some later date.
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