SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP – Get Free Report) saw unusually large options trading on Tuesday. Stock traders acquired 52,414 put options on the stock. This is an increase of approximately 128% compared to the average daily volume of 22,955 put options.
SPDR S&P Oil & Gas Exploration & Production ETF Stock Up 1.0%
Shares of NYSEARCA:XOP traded up $1.88 during midday trading on Tuesday, reaching $180.94. The company’s stock had a trading volume of 1,542,911 shares, compared to its average volume of 5,216,486. The firm has a market cap of $3.56 billion, a price-to-earnings ratio of 11.28 and a beta of 0.78. SPDR S&P Oil & Gas Exploration & Production ETF has a 1 year low of $99.01 and a 1 year high of $190.36. The business has a 50 day moving average price of $159.31 and a 200 day moving average price of $140.27.
Institutional Trading of SPDR S&P Oil & Gas Exploration & Production ETF
Hedge funds and other institutional investors have recently modified their holdings of the business. Jones Financial Companies Lllp increased its holdings in SPDR S&P Oil & Gas Exploration & Production ETF by 6.6% in the first quarter. Jones Financial Companies Lllp now owns 7,389 shares of the company’s stock valued at $973,000 after buying an additional 457 shares during the last quarter. Quantbot Technologies LP bought a new stake in SPDR S&P Oil & Gas Exploration & Production ETF in the second quarter valued at about $665,000. CW Advisors LLC increased its holdings in SPDR S&P Oil & Gas Exploration & Production ETF by 4.7% in the second quarter. CW Advisors LLC now owns 9,202 shares of the company’s stock valued at $1,158,000 after buying an additional 411 shares during the last quarter. Cresset Asset Management LLC increased its holdings in SPDR S&P Oil & Gas Exploration & Production ETF by 21.0% in the second quarter. Cresset Asset Management LLC now owns 2,037 shares of the company’s stock valued at $256,000 after buying an additional 354 shares during the last quarter. Finally, Cerity Partners LLC increased its holdings in SPDR S&P Oil & Gas Exploration & Production ETF by 24.2% in the second quarter. Cerity Partners LLC now owns 11,355 shares of the company’s stock valued at $1,428,000 after buying an additional 2,210 shares during the last quarter.
Key SPDR S&P Oil & Gas Exploration & Production ETF News
- Positive Sentiment: Record physical crude prices near $150 a barrel amplify supply risk premiums and directly boost revenue outlook for exploration & production firms in XOP. Physical oil prices hit record highs near $150 a barrel as Hormuz crisis worsens
- Positive Sentiment: Attacks on Kharg Island and other headlines are keeping traders nervous and lifting crude, which tends to benefit XOP holdings via higher cash flows and margins. Crude Oil Price Analysis – Oil Continues to Jump on Headlines
- Positive Sentiment: Escalatory rhetoric from U.S. leadership (threats around the Strait of Hormuz) is raising risk premia and keeping prices elevated, supporting XOP performance. Oil prices rise as Trump reaffirms Tuesday deadline for bombarding Iran’s power plants, bridges
- Positive Sentiment: Analyst views (e.g., Westpac) that the Iran war will keep oil prices high into 2Q support a multi-week tailwind for E&P earnings and XOP. Iran War Will Keep Oil Prices High Through 2Q, Westpac Says
- Neutral Sentiment: Energy was one of Q1’s top-performing ETF sectors, lending momentum and investor interest to XOP but reflecting recent gains already priced in. 4 Top-Performing Sector ETFs of Q1 2026
- Neutral Sentiment: Short-term volatility continues: session pullbacks and profit-taking episodes are common as headlines swing; this can cause choppy trading in XOP despite the broader uptrend. Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Pulls Back From Session Highs Despite Trump’s Threats Against Iran
- Negative Sentiment: Reports that India has resumed buying Iranian crude and new Indian Platts-based futures could ease some regional tightness over time, which would be a headwind for sustained oil price spikes and XOP’s rally. India turns to Iran for oil and gas after 7-year hiatus, signaling limits to U.S. tilt
- Negative Sentiment: OPEC+ has signaled plans to boost output once the Strait reopens — a potential medium-term supply relief that could cap upside for E&P margins and XOP. OPEC+ agrees to boost oil output when Strait of Hormuz reopens
About SPDR S&P Oil & Gas Exploration & Production ETF
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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