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

Bullboard Posts

Comment by oilsupporteron Sep 26, 2017 2:01pm

114 Views

Post# 26743548

RE:RE:RE:RE:September 25 deadline

So Liberia was an exploration well. Untested and unproven area, so the risk was different. Nigeria is an area with proven and commercial reserves from past drilling - as 5 wells were drilled in the past, with 3 oil and 2 gas producers. So Nigeria is a different risk as we are looking at appraisal and development wells. Which is why we can get debt financing to do it. The Nigerian opportunity is a different, and better, risk, compared to Liberia. I don't think we can compare the two opportunities. GLTA.

Bullboard Posts

Morning Market Outlook for Nov. 25, 2024