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).

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Spdr S&P Oil & Gas Exploration & Production Etf > Confirms Significant Oil Discovery

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Comment by AucontraireIIon Jan 10, 2022 4:42pm

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Post# 34301339

RE:RE:Confirms Significant Oil Discovery

So what am I missing here? If you take the lower estimated number of 1.275 B barrels in ground, and assign that some value per barrel..... I will pick $5, just a guess.....and divide by the shares outstanding, I get something like $36 per share. What am I missing? Anyone out there know besides Good 4 zero?

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