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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 CashSailson Oct 16, 2017 6:53pm
146 Views
Post# 26819256

RE:It's Also Literally 2 Cents

RE:It's Also Literally 2 CentsSo simple even I can understand. I’m also a long term holder who felt the pain of the duster and left me significantly underwater. I decided to stay and averaged down significantly because I, like a few others see the potential of a 25M market cap company pursuing this acreage.  Will it ever be the $5-$10 dollar stock it could have been if they successfully drilled Liberia before Ebola? No. But is there upside if they get debt financing in place for this block and actually start producing cash flow? You bet.  
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities