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XOP

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    123.6307$
  • Previous Close
    123.8647$
  • 52 Week Change
    --
  • Day Range
    -0.23$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

The ETF with the financial product symbol XOP.US refers to the SPDR S&P Oil & Gas Exploration & Production ETF. This ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Oil & Gas Exploration & Production Select Industry Index. The index represents the oil and gas exploration and production sub-industry portion of the S&P Total Market Index.

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Factors

Oil Prices: The price of oil significantly impacts XOP, as it holds oil and gas exploration/production companies.

Natural Gas Prices: Natural gas prices also influence XOP's value, though to a lesser extent than oil.

Geopolitical Events: Global political events affecting oil supply and demand affect XOP.

Economic Growth: Strong economic growth typically increases energy demand, boosting XOP.

Interest Rates: Rising interest rates can negatively impact XOP, as they increase borrowing costs for energy companies.

Inflation: Inflation can impact energy prices and thus affect XOP's price.

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