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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 Snakebite18on Aug 19, 2020 9:58am
114 Views
Post# 31427670

RE:RE:RE:RE:RE:RE:RE:I don’t

RE:RE:RE:RE:RE:RE:RE:I don’t "Give us something anything at all". Judging by your last post it looks like you haven't done, if any, homework. Looks like nightmare has done some homework. Just to add the Essar storyline is a long  one filled with unpayed taxes, bills, stalling, red tape and basically pissing everyone off along the way ( and not just Nigeria ) leaving them holding the bag ( opl 226 ) 100% and not  being able to do anything with it and needing a partner. In comes shorecan/shoreline eventually working out a deal for 80% and 3 seats out of 5 on the board of Essar Nigeria. Long story short never really able to close that chapter and basically butting heads ever since and not having good standards with the NNPC it just got tied up in red tape and never approvaled by the NNPC who at the time weren't getting along anyways.  Giving the CSE nothing to look at. It was drilled back some years ago with 5 wells , 3 of which produced oil. Fast forward today and we should be patting Art and Kola on the back instead of giving them the gears for how long this is taking. If there's going to be finger pointing, point it at Essar. Shorecan/Shoreline are potentially giving up a huge chunk of cash to finally get this going. Having said that they now know exactly where to put the first drill and As far as everyone knows it's all good now and just waiting to clear a couple more hurdles. As long as Essar plays nice should be able to push this all through. If people would just those MD&A reports or even go to the COPL site, it's all in there. Not here to do people's homework. Here to discuss the future of  this stock.  $$$$$
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