NewEdge Advisors LLC lifted its stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP – Free Report) by 1,809.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 134,865 shares of the company’s stock after purchasing an additional 127,801 shares during the quarter. NewEdge Advisors LLC’s holdings in SPDR S&P Oil & Gas Exploration & Production ETF were worth $20,804,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors have also added to or reduced their stakes in the company. Continuum Advisory LLC bought a new position in SPDR S&P Oil & Gas Exploration & Production ETF in the 2nd quarter valued at approximately $28,000. Godfrey Financial Associates Inc. acquired a new stake in SPDR S&P Oil & Gas Exploration & Production ETF in the fourth quarter valued at approximately $30,000. Compass Financial Management LLC bought a new stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF during the second quarter worth $34,000. IFP Advisors Inc grew its stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 360.3% during the third quarter. IFP Advisors Inc now owns 290 shares of the company’s stock worth $38,000 after buying an additional 227 shares during the last quarter. Finally, Essential Partners LLC acquired a new position in shares of SPDR S&P Oil & Gas Exploration & Production ETF during the first quarter worth $44,000.
SPDR S&P Oil & Gas Exploration & Production ETF Stock Performance
Shares of XOP opened at $195.47 on Friday. SPDR S&P Oil & Gas Exploration & Production ETF has a 52 week low of $122.11 and a 52 week high of $198.23. The stock has a market capitalization of $4.12 billion, a price-to-earnings ratio of 11.28 and a beta of 0.54. The stock has a fifty day moving average of $176.71 and a 200-day moving average of $170.29.
SPDR S&P Oil & Gas Exploration & Production ETF News Roundup
- Positive Sentiment: Escalating Middle East supply risks are lifting crude prices. Reports of U.S.-Iran attacks on tankers, disruptions around the Strait of Hormuz and a Houthi seizure of a strategic Red Sea port have intensified concerns about further supply interruptions. WTI and Brent are testing bullish breakouts, creating a favorable near-term backdrop for oil producers in XOP. Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Soars 6% As Houthis Seize Strategic Red Sea Port
- Positive Sentiment: Brent crude has held above $100. Continued tanker attacks and threats to shipping routes have prompted traders to price in prolonged disruptions, with some forecasts pointing toward additional gains. Sustained crude strength is generally supportive of XOP’s upstream-focused holdings. Brent holds above $100 as tanker attacks deepen supply fear
- Positive Sentiment: OPEC output declined in August and Chinese refiners are competing for non-Iranian and non-Russian crude. Lower available supply and stronger spot-market demand could reinforce elevated oil prices, supporting producer margins across the ETF. OPEC oil output falls in August, Reuters survey shows
- Neutral Sentiment: U.S. crude inventories fell modestly while domestic production reached a record. The inventory draw offers limited support for oil prices, but record production could help offset global supply losses and limit further upside. U.S. Crude Oil Stockpiles Fall, Production Hits Record
- Negative Sentiment: OPEC lowered its 2026 global oil-demand growth forecast for the fifth consecutive time. The reduction to 380,000 barrels per day signals weaker anticipated consumption and could eventually pressure crude prices and XOP earnings if supply fears ease. OPEC further lowers 2026 global oil demand growth forecast
- Negative Sentiment: Higher oil prices are increasing inflation and interest-rate concerns. Rising yields and renewed fears of tighter monetary policy have pressured broader equities, creating a potential headwind for energy-sector valuations even as crude supports producer fundamentals. U.S. Stock Futures Steady, Treasurys Weaken After Oil Tops $100
SPDR S&P Oil & Gas Exploration & Production ETF Company Profile
SPDR S&P Oil & Gas Exploration & Production ETF (the Fund) seeks to replicate as closely as possible the total return performance of the S&P Oil & Gas Exploration & Production Select Industry Index. The S&P Oil & Gas Exploration & Production Select Industry Index represents the oil and gas exploration and production sub-industry portion of the S&P Total Markets Index. The S&P TMI tracks all the United States common stocks listed on the New York Stock Exchange, American Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) National Market and NASDAQ Small Cap exchanges.
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