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home / news releases / PXE - XOP: S&P Oil & Gas Exploration & Production May Be A Gusher In 2021

PXE - XOP: S&P Oil & Gas Exploration & Production May Be A Gusher In 2021

Invesco Dynamic Energy Exploration &Production
  • Traditional oil and gas assets had a tumultuous ride during 2020.
  • Initially a spat between Russia and OPEC led to a price war, which indirectly crushed US shale plays.
  • Consequently, the SARS-COV2 pandemic swept across the planet, locking down economies and destroying international trade.
  • With industrial economies returning online and the USD under pressure, anyone looking for long exposure to black gold should consider ETFs.
  • SPDR S&P Oil & Gas Exploration & Production ETF (XOP) could nicely fit the bill.

For further details see:

XOP: S&P Oil & Gas Exploration & Production May Be A Gusher In 2021
Stock Information
Company Name: Invesco Dynamic Energy Exploration &Production
Stock Symbol: PXE
Market: NYSE
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