Investors Purchase High Volume of SPDR S&P Oil & Gas Exploration & Production ETF Put Options (NYSEARCA:XOP)

SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP) saw unusually large options trading on Wednesday. Stock traders acquired 34,637 put options on the stock. This represents an increase of 159% compared to the average volume of 13,389 put options.

SPDR S&P Oil & Gas Exploration & Production ETF News Summary

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

• Positive Sentiment: OPEC’s first look at 2027 signals ongoing oil-demand growth, which supports longer-term E&P revenue prospects and is a structural tailwind for XOP. In first look at 2027, OPEC forecasts ongoing oil demand growth
• Positive Sentiment: Citi and other analysts are lifting near‑term oil forecasts and pointing to a rising geopolitical risk premium, which can boost E&P margins and support XOP holdings if sustained. Rising geopolitical risks point to higher crude prices – oil analyst
• Positive Sentiment: China’s continued buying for its strategic reserves has helped stabilize prices and underpinned oil sentiment, providing a demand-side support for XOP exposure. China, Wary of Global Unrest, Is Keeping the Oil Market Afloat
• Neutral Sentiment: Norway awarded 57 offshore exploration permits — a longer-term supply development that has limited immediate impact on XOP but is relevant for future E&P investment trends. Norway awards 57 drilling permits in offshore oil, gas exploration round
• Negative Sentiment: President Trump’s recent comments suggesting a reduced likelihood of U.S. military action in Iran eased near-term geopolitical risk and pushed crude lower, which directly pressures XOP’s underlying E&P names. US oil prices dip more than $1 as Trump remarks reduce fears about Iran
• Negative Sentiment: U.S. officials have completed the first $500M of Venezuelan oil sales and Venezuelan exports are resuming; combined with a reported weekly crude inventory build, this rising supply narrative is weighing on prices and on XOP’s outlook. US completes first Venezuelan oil sales valued at $500 million, US official says
• Negative Sentiment: Unusually large put-option activity in XOP (a big jump in put volume) signals hedging or bearish bets from traders, which could amplify downward pressure or limit rallies in the ETF even if oil bounces.

SPDR S&P Oil & Gas Exploration & Production ETF Price Performance

Shares of NYSEARCA XOP opened at $131.94 on Thursday. The company has a 50 day simple moving average of $129.98 and a 200 day simple moving average of $129.21. SPDR S&P Oil & Gas Exploration & Production ETF has a 1 year low of $99.01 and a 1 year high of $146.56. The firm has a market cap of $1.87 billion, a PE ratio of 11.28 and a beta of 0.95.

Institutional Trading of SPDR S&P Oil & Gas Exploration & Production ETF

Institutional investors have recently modified their holdings of the business. Abound Wealth Management bought a new position in SPDR S&P Oil & Gas Exploration & Production ETF during the 4th quarter worth $25,000. FNY Investment Advisers LLC bought a new stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF in the 3rd quarter valued at about $99,000. IFP Advisors Inc increased its stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 360.3% in the third quarter. IFP Advisors Inc now owns 290 shares of the company’s stock valued at $38,000 after buying an additional 227 shares during the period. CIBC Bancorp USA Inc. bought a new position in shares of SPDR S&P Oil & Gas Exploration & Production ETF during the third quarter worth about $203,000. Finally, Advisory Services Network LLC acquired a new position in shares of SPDR S&P Oil & Gas Exploration & Production ETF in the third quarter worth approximately $46,000.

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.