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3 ETFs to Buy for the FallHe owns the OIH-N instead, but is probably very similar. Feels the US has more upside. The NETBACKS are much stronger and the regulatory environment is better. These are hugely undervalued. Some are trading at around 30%-40% of replacement value, which is the industry low. The oil sector has looked cheap for a while, and he has been adding to his holdings for the last couple of months. He likes the story and likes being in the drillers right now.
The key is that it is going to respond to whatever happens to Crude Oil, third week in July until first week in October is strength but crude oil price broke out today. This could be becoming a seasonal trade earlier this year than expected.
This one does not include the big guys like Exxon Mobil etc. These are companies that are drilling for oil in the US. They have been very busy lately in the Dakota area and are finding more oil. The sector is lining up very nicely.
SPDR S&P Oil & Gas Exploration & Production ETF is a American stock, trading under the symbol XOP-N on the NYSE Arca (XOP). It is usually referred to as AMEX:XOP or XOP-N
In the last year, there was no coverage of SPDR S&P Oil & Gas Exploration & Production ETF published on Stockchase.
SPDR S&P Oil & Gas Exploration & Production ETF was recommended as a Top Pick by on . Read the latest stock experts ratings for SPDR S&P Oil & Gas Exploration & Production ETF.
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0 stock analysts on Stockchase covered SPDR S&P Oil & Gas Exploration & Production ETF In the last year. It is a trending stock that is worth watching.
On 2024-12-06, SPDR S&P Oil & Gas Exploration & Production ETF (XOP-N) stock closed at a price of $135.82.