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home / news releases / XOP - Cushing Renaissance Fund: Energy Has Had Its Renaissance Now Its Investors Will Have Theirs


XOP - Cushing Renaissance Fund: Energy Has Had Its Renaissance Now Its Investors Will Have Theirs

(Pexels)

Over the past decade, the United States has gone through an energy renaissance. Crude oil production has increased by over 120% and the country has gone from one of the most energy dependent to energy dominant. The power of OPEC has been decimated as the U.S. is now the world's largest energy producer.

Despite these vast gains, investors who have helped make this happen have not been rewarded. In fact, almost all energy investments are far below their 2010 price. Just look at the Energy Sector ETF (XLE) vs.

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Stock Information

Company Name: SPDR S&P Oil & Gas Explor & Product
Stock Symbol: XOP
Market: NYSE

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