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 > bought another 20k shares today

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Comment by alkhoron Jan 18, 2022 4:43pm

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Post# 34330380

RE:bought another 20k shares today

gimmycash2 wrote: over a billion barrel find ,this mc is a joke.glta

The reported find was Original Oil in Place, not reserves. Ultimatly over the next century they may recover maybe 400MM bbl. When they book the reserves, very little will be booked as P1 with a large portion being P2 or P3. Still a significant find.

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