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 ...
As we noted in the previous part of this series, WTI (West Texas Intermediate) crude oil futures rose ~4.5% in the week ended October 30, 2015, compared to the previous week ended October 23. Although ...
Here we’ll present the results of a quarterly correlation analysis between crude oil and the SPDR S&P Oil & Gas Exploration & Production ETF (XOP). The analysis aims to shed light on how XOP reacted ...
I reiterate my buy rating on XOP due to its compellingly low PEG ratio and undervaluation despite recent underperformance and weak oil prices. XOP offers a strong total shareholder yield above 7%, ...
The State Street SPDR S&P Oil & Gas Exploration & Production ETF (XOP) made its debut on 06/19/2006, and is a smart beta exchange traded fund that provides broad exposure to the Energy ETFs category ...
Many traders are tempted to pick bottoms or tops without clear evidence that a market has turned or a well defined entry as well as exit strategy. Clearly the stocks in the energy sector have had a ...
In trading on Monday, shares of the XOP ETF (Symbol: XOP) entered into oversold territory, changing hands as low as $114.58 per share. We define oversold territory using the Relative Strength Index, ...
Trump's 'Drill Baby Drill' Plan Just Backfired—Oil Stocks Haven't Been This Cheap In Years Ten months into Trump's return, energy stocks are slumping, oil rigs are shutting down, and clean energy is ...
In trading on Thursday, shares of the SPDR— S&P— Oil & Gas Exploration & Production ETF (Symbol: XOP) entered into oversold territory, changing hands as low as $72.25 per share. We define oversold ...