XOP ETF

Energy stocks have been bullish; XLE hit an all-time high, and Goldman Sachs is optimistic about oil prices short-term but cautious medium-term. XOP is rated a buy due to its low P/E ratio, improved technicals, and diversified portfolio, despite seasonal weaknesses. XOP's top 10 holdings are less than one-third of the fund, with a strong value focus and significant SMID cap allocation.

Looking for broad exposure to the Energy - Exploration segment of the equity market? You should consider the SPDR S&P Oil & Gas Exploration & Production ETF (XOP), a passively managed exchange traded fund launched on 06/19/2006.

The SPDR S&P Oil & Gas Exploration & Production ETF (XOP) made its debut on 06/19/2006, and is a smart beta exchange traded fund that provides broad exposure to the Energy ETFs category of the market.

Making its debut on 06/19/2006, smart beta exchange traded fund SPDR S&P Oil & Gas Exploration & Production ETF (XOP) provides investors broad exposure to the Energy ETFs category of the market.

Energy sector may be due for leadership, especially with potential economic bottoming in China impacting energy demand. SPDR S&P Oil & Gas Exploration & Production ETF offers equal-weighted exposure to the sector with cheap valuations and potential for growth. XOP outperforms iShares U.S. Oil & Gas Exploration and offers targeted industry exposure with limited concentration risks, making it appealing for investors.

XOP owns oil and gas exploration and production stocks, poised to benefit from a new rate cut cycle and increasing energy demand. XOP's fund price has been rising since 2020, with a strong correlation to oil prices and potential for further gains. XOP's portfolio of small-cap and mid-cap stocks should benefit from a rate decline cycle, with strong growth forecasted for 2025.

Launched on 06/19/2006, the SPDR S&P Oil & Gas Exploration & Production ETF (XOP) is a passively managed exchange traded fund designed to provide a broad exposure to the Energy - Exploration segment of the equity market.

The SPDR S&P Oil & Gas Exploration & Production ETF (XOP) made its debut on 06/19/2006, and is a smart beta exchange traded fund that provides broad exposure to the Energy ETFs category of the market.

Toronto, Ontario--(Newsfile Corp. - May 17, 2024) - Canadian Overseas Petroleum Limited has requested for its common shares to be delisted from the CSE at market close today, May 17, 2024. The company is currently under suspension.