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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

Spdr S&P Oil & Gas Exploration & Production Etf
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Comment by Ocalamanon Mar 29, 2017 12:43pm
266 Views
Post# 26046913

RE:RE:RE:Q4 Results Out...

RE:RE:RE:Q4 Results Out...
AJMC wrote: 2.565M cash at YE


@500k a month cash burn that gives them 5 months from end of last year or end of May, 2 months away with enough cash to keep the lights on ,let alone finance any drilling . If Nigeria is scheduled to drill later this who who's going to pony up that cash ? Let alone pay for overheads till then. 

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities