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).

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Spdr S&P Oil & Gas Exploration & Production Etf > Stock split

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Comment by Snakebite18on Jun 29, 2020 4:39pm

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Post# 31204933

RE:RE:Stock split

I'm a little puzzled as to what the finance is for. I don't think he will do another. The only thing I can think of is there was some sort of renegotiating about the performance bond. When the quarterlies and PSC comes out hopefully then we can shed some light on it. Bit of a head scratcher with Essar basically steering the ship for now. He's funding for "keeping the lights on". Not sure why he didn't wait to get a better deal other than he needs money now as part of the renegotiations

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