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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 May 12, 2022 7:48pm
243 Views
Post# 34679909

Buyreallow ;

Buyreallow ;When they said they were going to spend 40+ million a few months ago I was thinking that they'd end up growing production by maybe, maybe 20% . I didn't realize how fast their burn rate was on existing wells . With the large number of working wells they've got to continually replace that production. That's y I was so hung up on getting to work on the North Sea assets. I think we all no how expensive it is to do the drilling but I think we also understand the huge benefits of doing it. Maybe their a little gun shy because of their previous failures in the north Sea. Anyways, point being that their definitely not going to be growing their production in Alberta unless they really pay up for it . I'd like to think if they were to spend a hundred million ( which is what they're spending in their immediate drilling program ) in the north Sea they'd probably end up with 50 thousand flowing barrels. And barrels that would flow for years . After all they actually said their sitting on 220 million barrels in the north Sea. Anyways , off to shopping. There's definitely a lot of good buys coming up . Not yet but soon . Cheers all
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