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home / news releases / XOP - XOP Should Benefit In A New Rate Decline Cycle

XOP - XOP Should Benefit In A New Rate Decline Cycle

SPDR S&P Oil & Gas Explor & Product

2024-07-22 04:00:31 ET

Summary

  • 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.

ETF Overview

For further details see:

XOP Should Benefit In A New Rate Decline Cycle
Stock Information
Company Name: SPDR S&P Oil & Gas Explor & Product
Stock Symbol: XOP
Market: NYSE
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