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home / news releases / XOP - Rebuttal To An 'Unprecedented Opportunity' In Oil Paradigm Shift: 'Oil Really Is A Finite Resource'


XOP - Rebuttal To An 'Unprecedented Opportunity' In Oil Paradigm Shift: 'Oil Really Is A Finite Resource'

A Seeking Alpha reader asked me to comment upon a lengthy thesis that the oil market is about to make a regime change from a “regime of abundance” to a “return to scarcity.” And so the value of oil exploration and production (“E&P”) equities would be a “multi-bag” opportunity. The investment officer has his own fund of E&P stocks, but he referenced the SPDR S&P Oil and Gas Exploration ETF (XOP) to show the ETF is near its all-time low, and that he thinks it will turn in the next six months.

My

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Stock Information

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

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