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

Spdr S&P Oil & Gas Exploration & Production Etf

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Comment by oilsupporteron Nov 29, 2016 11:04am

223 Views

Post# 25527289

RE:RE:RE:RE:RE:RE:RE:Surprising

When you read the XOP presentation from September of 2016, off the website, it clearly lays out all of the evidence that demonstrates this play has a strong prospect of success. Based on the fact that XOP has other assets, and based on the research, I put the prospect of Block 13 at 65% and figure if it doesn't, we still have about a $0.11 to $0.12 stock.

Based on our current share price, sellers are crazy not to stay for a ride through the drill. Just my opinion, but I welcome any other views of what is laid out in the September presentation. The other assets in XOP mitigate our risk of the drill.

Probably your best argument to stay around is the fact that Art has continually been buying XOP, aside from the option grants, and none of the insiders are selling.

GLTA

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