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).

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Spdr S&P Oil & Gas Exploration & Production Etf

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Post by oilsupporteron Nov 22, 2016 10:52am

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Post# 25495285

Seadrill fleet availability

Just looked at the fleet availability for Seadrill on the Seadrill website. Updated as of November 22, 2016, shows West Saturn contracted to Exxon Mobil, new day rate of $225K, from November of 2016 to January of 2017 and placed in Liberia. That is a massive discount from what it was costing Exxon to use that ship offshore Liberia for the last couple years. That is quite interesting news. So it is only contracted for the one drill so far. GLTA. Now when do we get the spud and news release that will put those 7.5 million, recently granted stock options, in the money?

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