Oil and Gas Exploration and Production ETF

Within this oil and gas exploration and production ETF you will find the American oil and gas companies. I explicitly opted to follow as well the European as the American oil and gas ETF’s. 

The oil and gas market sector is extremely big and there are some major differences between the European and American companies in this industry.

One of these differences is that the American oil sector is reacting much more strongly on the oil price than their European counterparts. The reason for this is that among the European oil and gas companies you will find some very high dividend paying companies that attract an entirely different specimen of investor.

Another reason is that within the American oil and gas exploration and production ETF you will find more middle-large companies.

Then of course there is the difference that the American ETF is quoted in Dollars and the European in Euro’s. This is also a major consideration for anyone who is opting to invest in the European or American ETF. 

SPDR S&P Oil and Gas Exploration and Production ETF

This SPDR ETF is tracking the S&P Oil and Gas Exploration & Production Select Industry Index. More than 65 oil and gas companies are included. Every single company is weighed at 1 to 2%.

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SPDR S and P Oil and Gas Exploration and Production ETF info:

 

ETF provider: SPDR ( State Street Global Advisors)

Ticker: XOP

ISIN: US78464A7303

Currency: Dollar

Exchange: NYSE Arca