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.

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SPDR Portfolio Intermediate Term Treasury ETF > Justhalfull ;

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Post by 1rockiton Feb 15, 2022 3:04pm

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Post# 34431135

Justhalfull ;

I understand the costs associated with the North Sea. I also understand they've already got 3 holes in the floor. I believe they could put one of these 3 into production for minimal costs . Yes drilling another hole is very expensive. With the amount of free cashflow coming into the pockets of this company they could easily do something a little different. These North Sea deposits ate mammoth and would add terrific value for their shareholders . One producing hole in the North Sea is like 25 holes in Alberta. At this time with Oil at 5 year highs I believe is the time to grow and expand this company. Either that or sell the North Sea assets!!! Why hold on to something your never going to put into production. Rite !

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