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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 oilsupporteron Nov 17, 2016 11:07am
311 Views
Post# 25474946

RE:The pigs are back at the trough again !

RE:The pigs are back at the trough again !That is a 1% dilution, when XOP has claimed that a drill is to start in late Q4.  So we are hearing XOM is about to start drilling within a few weeks, and on the eve of that, they grant themselves a bunch of options that should instantly be in the money.  At this point, you would have to think that XOP already knows what drill ship it is going to be and when it is going to start because as the JV partner, it gets copied with all invoices related to Block 13 exploration.  So how is this not an opportunity grab?  We have gone over 4 years here and the only progress is an alleged JV agreement with ShoreCan related to Nigeria.
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