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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 oilsupporteron Oct 05, 2017 1:12pm
74 Views
Post# 26781496

RE:RE:RE:RE:RE:RE:Website needs updating

RE:RE:RE:RE:RE:RE:Website needs updatingGood40 this company has never traded at the price you state is your buy point.  So you are deramping or trolling.  You are making misleading statements about the nature of the Nigerian play.  It is a play that had proven and recoverable reserves.  So pointing out seismic cannot see hydrocarbons is misleading.  This is an intended appraisal play to see if the flow rates will justify commercial development, and it had commercial oil and gas in 5 different drills (so we don't need seismic to see hydrocarbons as it has been proven they are there).  This is not exploration or wildcat drilling being discussed, which is why someone would be prepared to debt finance. I don't like to see someone trying to use this board to mislead investors who might take what you say to be fact, as they don't understand you are trying to mislead them.   I am waiting to see if Art delivers on his promise of debt financing that will not dilute investors and an explanation of why he did that last placement.  I am also waiting for the insider reports to see who bought it and how quickly it was filled.  If it was filled like I think it was, I expect it will show they helped a few big players average down costs prior to starting to put out good news.
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