State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 1 Iron Street Boston MA United States of America 2210
- IPO Date
- Jun 22, 2006
- CIK
- 0001064642
- Website
- ssga.com
- Similar Companies
- Business
- SPDR S&P Oil & Gas Exploration & Production ETF (XOP) is an exchange-traded fund that 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 fund employs a representative sampling strategy, investing at least 80% of its total assets in securities comprising the equal-weighted index, which tracks U.S.-listed companies engaged in the exploration, production, and development of oil and gas resources; top holdings include HF Sinclair Corp, Valero Energy Corp, Marathon Petroleum Corp, Chord Energy Corp, Chevron Corp, Phillips 66, CNX Resources Corp, Matador Resources Co, ConocoPhillips, and Exxon Mobil Corp, among approximately 52-55 positions representing integrated oil and gas, exploration and production, and refining and marketing sub-sectors. Launched on June 19, 2006, and sponsored by State Street Global Advisors, a division of State Street Corporation headquartered in Boston, Massachusetts, XOP maintains assets under management of approximately $2.0 billion, a gross expense ratio of 0.35%, and quarterly dividend distributions, with recent payouts including $0.88145 per share in September 2025 and $0.75239 in June 2025. The ETF primarily targets institutional and retail investors seeking diversified exposure to the U.S. upstream energy sector, with geographic focus on domestic oil and gas operations across regions such as the Permian Basin, Appalachia, and Gulf Coast. In recent developments, XOP has seen periodic prospectus updates and post-effective amendments filed with the SEC in 2024-2025, alongside quarterly index rebalancing to maintain equal weighting amid volatile oil prices influenced by U.S. sanctions on Russian producers, OPEC+ output decisions, and Permian Basin production ramps; no major acquisitions, partnerships, or structural changes to the fund itself have been announced within the last 1-2 years, though holdings reflect ongoing sector consolidation such as mergers among mid-cap explorers.