Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
News Focus
LQWD Technologies Lightning Network Infrastructure Surpasses 1 Million Global Transactions (click to learn more)
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Spdr S&P Oil & Gas Exploration & Production Etf
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(9)
•••
Post by good40on Apr 23, 2021 11:43am
254 Views
Post# 33055189

Cost of injected gas

Cost of injected gasRecently read a chart showing that the current price of US industrial gas is $4.07 per mcf.

One of XOP's partners just released a statement that the reservoir received over 1 billion cf in 2020.

Divide 1 billion by 1000 and multiply by $4.07... Considering they intend to triple the injection rate, it will be one of their greatest expense, along with roughly  $1 million per well drilling costs and about $470,000 per month in interest expense.

I believe their CEO recently mentioned that production is 58% of 1350 bopd. (783)

I'd be interested in someone showing a business plan that shows a profit.
<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities