The SPDR S&P Oil & Gas Exploration & Production ETF (XOP) experienced a significant outflow of approximately $145 million, marking a 4.5% decrease in shares outstanding from 20.05 million to 19.15 million. This change was noted in the week leading up to today.
Notable underlying components of XOP include APA Corp., which is up 0.3%, Murphy Oil Corp., up 0.2%, and Chord Energy Corp., up 0.9%. XOP’s current trading price is $162.31, with a 52-week low of $109.38 and a high of $190.36.
