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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 Public_Heelon Jun 29, 2016 9:07am
202 Views
Post# 25007804

RE:RE:RE:Second Well Confirms Massive Oil Find

RE:RE:RE:Second Well Confirms Massive Oil Find
I wouldn't get too excited about Guyana. XOP's own presentation shows Liberia breaking loose
from northern Brazil (when Gondwana broke up), some 500 miles away from XOM's Liza well.
Besides, even if there's a ton of oil in the area, you still have to hit the sweet spot. Miss by 100 yards, and you'll never even know.
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