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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

Post by Snakebite18on Apr 11, 2020 9:47am
92 Views
Post# 30898693

Frustrating as hell

Frustrating as hell Fortunately I don't have a large position her, so not worried about it. To much pushing against this right now,especially ESSAR, so put this one on the back burner for now. Still hopeful because this a huge project with huge potential. 6 to 10 thousand bopd- first of a up to 4 hole drill program and as much as 24 holes over 10 to 15 years. ESSARS allegations, I don't think will stick, are just another delay to hold this up. Why I'm not sure. Lots of speculations going around that they want this deal to expire so they can scoupe it up after and claim it they own because they know how much potential is here. For now let it simmer
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