State Street SPDR S&P Oil & Gas Exploration & Production ETF (XOP)Equity Energy | Exchange Traded Fund | NYSEArca
185.94 USD
+0.47
(0.253%)
⇧
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 186.01 +0.07 (0.038%) ⇧ (Aug. 28, 2026, 7:59 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 2:31 a.m. EDT
The immediate outlook is aggressively bullish, driven by a confluence of technical recovery and speculative positioning. After a multi-year struggle where the asset failed to keep pace with peers, the price has finally reclaimed key moving averages, triggering a surge in call buying that targets the $200+ zone. The options market is screaming for a breakout, with traders placing heavy bets on continued gains while hedging against a drop only to the $150-160 range. However, this optimism clashes with the underlying reality: the business has delivered two straight years of negative growth, and the nine-year trajectory remains down nearly 13%. While the valuation looks cheap relative to book value, the lack of recent earnings momentum suggests this rally is priced on a potential commodity supercycle rather than proven operational excellence. For the short term, the momentum is undeniable, but investors should remain wary that the long-term fundamentals have yet to turn the corner. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.102837 |
| MSTL | 0.106516 |
| AutoETS | 0.108373 |
| AutoARIMA | 0.108375 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 43% |
| H-stat | 14.03 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.293 |
| Excess Kurtosis | -1.09 |
| Attribute | Value |
|---|---|
| Trailing P/E | 12.50 |
| Forward P/E | -18594.00 |
As of Aug. 22, 2026, 2:31 a.m. EDT: Speculators are positioning for a significant upside breakout, evidenced by massive volume spikes and open interest accumulation in deep out-of-the-money calls (strikes 205, 220, 240) across September expirations. Conversely, put writing is heavy at strikes 150-170, creating a defined floor, while call writers are establishing walls at 180-185. The skew suggests a 'long gamma' environment where traders expect volatility expansion and a directional move higher, rather than a crash.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.48% | 2.29% | 2.35% | 2.40% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-06-22 | 0.748 | 0.482892 |
| 2026-03-23 | 0.709 | 0.405444 |
| 2025-12-22 | 0.910 | 0.726547 |
| 2025-09-22 | 0.881 | 0.676703 |
| 2025-06-23 | 0.752 | 0.583127 |
| 2025-03-24 | 0.761 | 0.574340 |
| 2024-12-23 | 0.808 | 0.637174 |
| 2024-09-23 | 0.896 | 0.663016 |
| 2024-06-24 | 0.777 | 0.529364 |
| 2024-03-18 | 0.760 | 0.514348 |
| 2023-12-18 | 1.036 | 0.754168 |
| 2023-09-18 | 0.772 | 0.516561 |
| 2023-06-20 | 0.832 | 0.671889 |
| 2023-03-20 | 0.954 | 0.798861 |
| 2022-12-19 | 0.950 | 0.719479 |
| 2022-09-19 | 1.155 | 0.849140 |
| 2022-06-21 | 0.767 | 0.572260 |
| 2022-03-21 | 0.481 | 0.373071 |
| 2021-12-20 | 0.488 | 0.536559 |
| 2021-09-20 | 0.345 | 0.408768 |
| 2021-06-21 | 0.348 | 0.364895 |
| 2021-03-22 | 0.361 | 0.439013 |
| 2020-12-21 | 0.301 | 0.516384 |
| 2020-09-21 | 0.378 | 0.834069 |
| 2020-06-22 | 0.311 | 0.562082 |
| 2020-03-23 | 0.380 | 1.259947 |
| 2019-12-20 | 0.400 | 0.430663 |
| 2019-09-20 | 0.332 | 0.348886 |
| 2019-06-21 | 0.368 | 0.344440 |
| 2019-03-15 | 0.292 | 0.245213 |
| 2018-12-21 | 0.264 | 0.260355 |
| 2018-09-21 | 0.244 | 0.143563 |
| 2018-06-15 | 0.284 | 0.175656 |
| 2018-03-16 | 0.260 | 0.188844 |
| 2017-12-15 | 0.260 | 0.190728 |
| 2017-09-15 | 0.284 | 0.223060 |
| 2017-06-16 | 0.296 | 0.233807 |
| 2017-03-17 | 0.296 | 0.203074 |
| 2016-12-16 | 0.300 | 0.178529 |
| 2016-09-16 | 0.324 | 0.224190 |
| 2016-06-17 | 0.292 | 0.208452 |
| 2016-03-18 | 0.344 | 0.278317 |
| 2015-12-18 | 0.572 | 0.494126 |
| 2015-09-18 | 0.732 | 0.520922 |
| 2015-06-19 | 0.740 | 0.385176 |
| 2015-03-20 | 0.624 | 0.323719 |
| 2014-12-19 | 0.832 | 0.416000 |
| 2014-09-19 | 0.668 | 0.230982 |
| 2014-06-20 | 0.648 | 0.194478 |
| 2014-03-21 | 0.544 | 0.193100 |
| 2013-12-20 | 0.336 | 0.124022 |
| 2013-09-20 | 0.476 | 0.181818 |
| 2013-06-21 | 0.792 | 0.340557 |
| 2013-03-15 | 0.692 | 0.279212 |
| 2012-12-21 | 1.284 | 0.582895 |
| 2012-09-21 | 0.452 | 0.197829 |
| 2012-06-15 | 0.428 | 0.222407 |
| 2012-03-16 | 0.456 | 0.187995 |
| 2011-12-16 | 0.620 | 0.309443 |
| 2011-09-16 | 0.292 | 0.137736 |
| 2011-06-17 | 0.148 | 0.067383 |
| 2011-03-18 | 1.296 | 0.541082 |
| 2010-12-17 | 0.292 | 0.144240 |
| 2010-09-17 | 0.172 | 0.106120 |
| 2010-06-18 | 0.220 | 0.125028 |
| 2010-03-19 | 0.108 | 0.064485 |
| 2009-12-18 | 0.300 | 0.184820 |
| 2009-09-18 | 0.300 | 0.192308 |
| 2009-06-19 | 0.292 | 0.223037 |
| 2009-03-20 | 0.236 | 0.213846 |
| 2008-12-19 | 0.332 | 0.287396 |
| 2008-09-19 | 0.252 | 0.121107 |
| 2008-06-20 | 0.216 | 0.078477 |
| 2008-03-20 | 0.120 | 0.059761 |
| 2007-12-21 | 0.132 | 0.063158 |
| 2007-09-21 | 0.084 | 0.043970 |
| 2007-06-15 | 0.128 | 0.065830 |
| 2007-03-16 | 0.092 | 0.060447 |
| 2006-12-15 | 0.132 | 0.081321 |
| 2006-09-15 | 0.028 | 0.020006 |
| Attribute | Value |
|---|---|
| All Time High | 336.16 |
| All Time Low | 29.48 |
| Ask | 185.88 |
| Ask Size | 400 |
| Average Daily Volume10 Day | 2,913,280 |
| Average Daily Volume3 Month | 3,358,501 |
| Average Volume | 3,358,501 |
| Average Volume10Days | 2,913,280 |
| Beta3 Year | -0.2 |
| Bid | 185.94 |
| Bid Size | 100 |
| Book Value | 96.741 |
| Category | Equity Energy |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 187.18 |
| Day Low | 184.43 |
| Dividend Yield | 1.83 |
| Eps Forward | -0.01 |
| Eps Trailing Twelve Months | 14.876967 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 169.8366 |
| Fifty Day Average Change | 16.103409 |
| Fifty Day Average Change Percent | 0.09481707 |
| Fifty Two Week Change Percent | 38.17344 |
| Fifty Two Week High | 191.24 |
| Fifty Two Week High Change | -5.300003 |
| Fifty Two Week High Change Percent | -0.027713882 |
| Fifty Two Week Low | 122.11 |
| Fifty Two Week Low Change | 63.83 |
| Fifty Two Week Low Change Percent | 0.5227254 |
| Fifty Two Week Range | 122.11 - 191.24 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,150,983,000,000 |
| Five Year Average Return | 0.2017318 |
| Forward P E | -18,594.0 |
| Full Exchange Name | NYSEArca |
| Fullday Change | 0.470001 |
| Fullday Change Percent | 0.253411 |
| Fullday Price | 186.01 |
| Fund Family | State Street Investment Management |
| Fund Inception Date | 1,150,675,200 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | In seeking to track the performance of the S&P Oil & Gas Exploration & Production Select Industry Index, the fund employs a sampling strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the oil and gas exploration and production segment of the S&P Total Market Index ("S&P TMI"). |
| Long Name | State Street SPDR S&P Oil & Gas Exploration & Production ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_27776185 |
| Nav Price | 185.42093 |
| Net Assets | 3,797,770,500.0 |
| Net Expense Ratio | 0.35 |
| Open | 185.46 |
| Post Market Change | 0.069992065 |
| Post Market Change Percent | 0.037642285 |
| Post Market Price | 186.01 |
| Post Market Time | 1,787,961,578 |
| Previous Close | 185.47 |
| Price Hint | 2 |
| Price To Book | 1.9220394 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.470001 |
| Regular Market Change Percent | 0.253411 |
| Regular Market Day High | 187.18 |
| Regular Market Day Low | 184.43 |
| Regular Market Day Range | 184.43 - 187.18 |
| Regular Market Open | 185.46 |
| Regular Market Previous Close | 185.47 |
| Regular Market Price | 185.94 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 1,563,474 |
| Shares Outstanding | 70,500,000 |
| Short Name | State Street SPDR S&P Oil & Gas |
| Source Interval | 15 |
| Symbol | XOP |
| Three Year Average Return | 0.1088594 |
| Total Assets | 3,797,770,496 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 1.39 |
| Trailing Annual Dividend Yield | 0.0074944734 |
| Trailing P E | 12.498515 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 0.04348 |
| Trailing Three Month Returns | 0.04348 |
| Triggerable | 1 |
| Two Hundred Day Average | 156.973 |
| Two Hundred Day Average Change | 28.966995 |
| Two Hundred Day Average Change Percent | 0.18453488 |
| Type Disp | ETF |
| Volume | 1,563,474 |
| Yield | 0.0183 |
| Ytd Return | 41.7883 |