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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 oilsupporteron Mar 22, 2021 1:25pm
183 Views
Post# 32851070

RE:RE:RE:$270 million market cap ?

RE:RE:RE:$270 million market cap ?So once we are a producer, and by the time this reopens in the UK, they will have been flooding for over a month and have increased production.  So we should be able to get a pretty good sense of our production, and net profit, as of the reopening in the UK, from the prospectus. So with an oil and gas producer, I understand the stock price will be based on our assets, and reserves, to a degree, but primarily that will go into the price earning multiple we apply to come up with a proper share price.  Anybody know what that could be?  So presuming we are net 5000 boe to us as of May 5 or 6 reopening in London, say, and I think the slides were saying extraction cost and royalties were $20.  Then we have our net - which we use to pay our debt off.  So what does that make our share price?  anybody here with expertise that can explain how the positive cashflow will be used to determine share price?  Not saying my numbers are what will be.  I am just using the examples of some numbers to get a sense of this - if our net income per year is $X - how many times $X do we use to calculate our share price?


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