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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 CashSailson Sep 27, 2017 11:38am
115 Views
Post# 26748211

RE:RE:RE:RE:RE:RE:RE:RE:RE:September 25 deadline

RE:RE:RE:RE:RE:RE:RE:RE:RE:September 25 deadline Odd that they let it expire before renegotiating. I wonder where is Exxon is with this and if they’re going to stay. My interpretation is it’s XOPs to negotiate but they need a major as a partner or it’s a showstopper. They must feel they have a stronger position having let it expire. Who knows, maybe Chevron takes it from them based on what they found when they drilled near the border of the block. 
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