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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 Notmyfirstrodeoon Apr 14, 2020 4:12am
63 Views
Post# 30906198

RE:Bashers

RE:BashersTelling it how it is is not bashing it's simply telling the truth. This company has done nothing for years except doing PPs to raise money for salaries. These wells won't get drilled as long it's still possible to raise money on the promise of eventually drilling and they have no money to drill. Maybe they'll try to find a partner like they did many years ago with Liberia but most companies would just wait until xop goes under and then acquire the leases. I think the share number is wrong too. There's 3.5 billion out on the CSE but I think they have a few billion on the London stock exchange as well. 
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