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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 Notmyfirstrodeoon Aug 19, 2020 10:51pm
259 Views
Post# 31431796

How about this

How about this I have been following this company for over ten years.  In that time they have drilled one hole that with Exxon that was dry and they have not produced as much as one drop of oil. They have gone from under a billion shares to over four billion shares. When Art was told that there's one born every minute he definitely took that to heart. For ten years he has been selling shares to pay salaries and has produced nothing. This company should have folded long ago but there really is one born every minute and from reading this board I'm thinking maybe two or three. With over eight billion people on the planet Art can keep this going for a long time yet. I foresee the day this company has ten billion shares out and has not produced any oil. 
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