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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).


ARCA:XOP - Post by User

Comment by good40on May 24, 2022 4:43pm
113 Views
Post# 34704789

RE:Social media

RE:Social media Not often mentioned... but since the 1 new share for 100 old share consolidation, they've issued
another 80 million shares representing approximately a 49% increase. If I remember correctly, none
of this went to the purchase of Cuda, but for upgrades and normal day to day operations

Cuda was to have been purchased through a $20 million bridged loan, as I remember anyway. . Feel free to double check this snakebite.

Prospective resource report coming soon. Risk includes chance of discovery multiplied by the chance of commercial development. Not to be confused with proved developed reserves. Just another good for nothin opinion... do your own research, all on Sedar.

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