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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 good40on Jan 29, 2021 9:04pm
98 Views
Post# 32426913

RE:RE:RE:O&G companies take note

RE:RE:RE:O&G companies take noteIt is a bit confusing Alkhor, not surprised you don't know. I guess the question should be referenced as " how much oil is sold per day " ? I think most readers are taking it as 1400 barrels of oil. Could be much less if this number is before processing.

Depends on when and where it's measured. After separating gas, water and oil... or before.

Here's a little optimistic reading, Powder River Basin promoted as prospectively one of the best unconventional producers. 

https://www.wsgs.wyo.gov/products/wsgs-2021-OG-summary.pdf
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