Heritage Wealth Management Inc. Buys 7,300 Shares of SPDR S&P Oil & Gas Exploration & Production ETF $XOP

Heritage Wealth Management Inc. raised its stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP) by 109.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 13,996 shares of the company’s stock after buying an additional 7,300 shares during the period. Heritage Wealth Management Inc.’s holdings in SPDR S&P Oil & Gas Exploration & Production ETF were worth $1,850,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. MAI Capital Management grew its holdings in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 7.5% in the second quarter. MAI Capital Management now owns 1,339 shares of the company’s stock worth $168,000 after acquiring an additional 93 shares during the period. U.S. Capital Wealth Advisors LLC lifted its holdings in SPDR S&P Oil & Gas Exploration & Production ETF by 1.7% in the third quarter. U.S. Capital Wealth Advisors LLC now owns 5,699 shares of the company’s stock valued at $753,000 after acquiring an additional 97 shares during the period. Winthrop Capital Management LLC boosted its position in SPDR S&P Oil & Gas Exploration & Production ETF by 84.4% in the second quarter. Winthrop Capital Management LLC now owns 236 shares of the company’s stock worth $30,000 after purchasing an additional 108 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in SPDR S&P Oil & Gas Exploration & Production ETF by 2.6% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 4,822 shares of the company’s stock worth $645,000 after purchasing an additional 121 shares during the last quarter. Finally, Convergence Financial LLC grew its stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 2.2% during the 2nd quarter. Convergence Financial LLC now owns 9,542 shares of the company’s stock valued at $1,200,000 after purchasing an additional 207 shares during the period.

Key Stories Impacting SPDR S&P Oil & Gas Exploration & Production ETF

Here are the key news stories impacting SPDR S&P Oil & Gas Exploration & Production ETF this week:

• Positive Sentiment: Heightened U.S.-Iran tensions raised the risk of supply disruptions, driving short-term bullish price pressure for crude and benefiting E&P exposure. Natural Gas, WTI Oil, Brent Oil Forecasts – Traders Stay Focused On Iran
• Positive Sentiment: OPEC+ looks set to keep its production pause for March, supporting prices and E&P margins if cuts persist. OPEC+ set to keep oil production pause for March as prices jump, sources say
• Positive Sentiment: Big oil earnings showed resilience (Exxon beat Q4 estimates), reinforcing sector outlook and investor confidence in E&P cash flows even with softer prices. Exxon beats Wall Street targets for Q4 profit with help from lower-cost oil production
• Positive Sentiment: U.S. easing of some Venezuelan oil sanctions and recent Venezuelan hydrocarbon reforms raise the prospect of renewed exports and private-operator activity — a long‑term supply/investment story that can lift sentiment for E&P stocks with Venezuela optionality. Sweeping oil reform in Venezuela approved, operators expected to gain autonomy
• Neutral Sentiment: Reuters poll still sees prices averaging near ~$60/bbl this year as oversupply risks offset geopolitical shocks — a reminder that upside may be capped absent structural cuts. Oil forecast to hover near $60/bbl, oversupply outweighs geopolitical risks
• Neutral Sentiment: Global refining and trade flows are shifting (CNPC restarting a Dalian unit to process discounted Russian oil; Trinidad in talks to revive a refinery), which may affect crude balances regionally but are mixed in impact for U.S.-listed E&P exposure. China’s CNPC set to restart Dalian refinery to process Russian oil
• Negative Sentiment: Legal and governance risks emerged as Kazakhstan told a tribunal it sought billions from oil majors over alleged corrupt approvals — a reminder of downside event risk for international oil companies and the broader sector. Kazakhstan at tribunal seeking billions from oil majors cited corrupt officials, sources say
• Negative Sentiment: Some major‑company executives cautioned that Venezuela remains challenging for new investment absent political transition, which could limit near-term output upside despite recent policy moves. Exxon CEO says Venezuela needs to transition to democracy for oil investment to make sense

SPDR S&P Oil & Gas Exploration & Production ETF Stock Up 0.9%

NYSEARCA XOP opened at $140.24 on Friday. The company has a 50-day moving average price of $130.71 and a 200-day moving average price of $129.60. SPDR S&P Oil & Gas Exploration & Production ETF has a 52 week low of $99.01 and a 52 week high of $142.39. The firm has a market capitalization of $2.16 billion, a P/E ratio of 11.28 and a beta of 0.95.

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.