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SPDR Portfolio Intermediate Term Treasury ETF T.ITE


Primary Symbol: SPTI

to provide investment results that before fees and expenses correspond generally to the price and yield performance of an index that tracks the intermediateterm sector of the United States Treasury market In seeking to track the performance of the Bloomberg 3-10 Year U.S. Treasury Index (the Index), the Fund employs a sampling strategy, which means that the Fund is not required to purchase all of the securities represented in the Index. Instead, the Fund may purchase a subset of the securities in the Index in an effort to hold a portfolio of securities with generally the same risk and return characteristics of the Index. The quantity of holdings in the Fund will be based on a number of factors, including asset size of the Fund. Based on its analysis of these factors, SSGA Funds Management, Inc.


ARCA:SPTI - Post by User

Post by 1rockiton Jan 31, 2022 4:30pm
208 Views
Post# 34380992

Drunkatnoon ;

Drunkatnoon ;Yes , at this point I would agree to kind of disagree.. The company at this point is almost 50/50 gas , oil . BUT I think you should take a look at a 5 year graph on the Nat.Gas prices.. Roughly 2 years ago nat gas did hit a low of $2.00 pqf . But since the summer of 2020 the price of nat gas has gone nowhere but up . Nov of this last year it hit $6.00 per cubic foot..What's that 300% higher! I'm sure their netbacks are pretty promising.. Not only that , their North Sea assets are kick a s s . I think we're going to hear all about those assets very soon . With all this free cashflow I'm sure there trying to increase their barrels per day the quickest way possible . There's no better way of doing this than for them to pop a few more holes in the North Sea.. Those are the type of holes that can produce 10 or 20 thousand barrels a day for a very long time . Seeing as though they've already derisked the entire North Sea play, I'm sure their pretty eager to maybe not just prove up what they know they've already got but to also put a few thousand barrels on line .. If they announce their drilling in the North Sea , I believe the stock will react very favorably.. Cheers
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