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Strong Insider Buying Found in the Underlying Holdings of XOP

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A look at the weighted underlying holdings of the SPDR S&P Oil & Gas Exploration & Production ETF ( XOP ) shows an impressive 25.6% of holdings on a weighted basis have experienced insider buying within the past six months.

WPX Energy, Inc. (Symbol: WPX), which makes up 1.31% of the SPDR S&P Oil & Gas Exploration & Production ETF ( XOP ), has seen 11 directors and officers purchase shares in the past six months, according to the recent Form 4 data. The ETF holds a total of $18,609,298 worth of WPX, making it the #45 largest holding. The table below details the recent insider buying activity observed at WPX:

WPX - last trade: $5.39 - Recent Insider Buys:

Purchased Insider Title Shares Price/Share Value
07/16/2015 William G. Lowrie Director 11,881 $10.10 $119,998
07/16/2015 Richard E. Muncrief President and CEO 30,000 $10.10 $303,000
07/16/2015 Kelt Kindick Director 25,000 $10.10 $252,500
07/16/2015 Kimberly S. Lubel Director 4,950 $10.10 $49,995
07/16/2015 Clay M. Gaspar Senior Vice President 10,000 $10.10 $101,000
07/16/2015 John A. Carrig Director 60,000 $10.10 $606,000
07/16/2015 Dennis C. Cameron SVP and General Counsel 1,000 $10.10 $10,100
07/16/2015 Michael R. Fiser Senior Vice President 5,000 $10.10 $50,500
07/16/2015 Henry E. Lentz Director 10,000 $10.10 $101,000
07/16/2015 William R. Granberry Director 20,000 $10.10 $202,000
08/11/2015 Richard E. Muncrief President and CEO 20,000 $8.35 $167,000
08/21/2015 Richard E. Muncrief President and CEO 20,000 $6.82 $136,400
08/26/2015 Clay M. Gaspar Senior Vice President 35,000 $5.51 $192,950
08/25/2015 Dennis C. Cameron SVP and General Counsel 1,800 $5.50 $9,900
07/16/2015 Bryan K. Guderian Senior Vice President 5,000 $10.10 $50,500

And Halcon Resources Corp (Symbol: HK), the #64 largest holding among components of the SPDR S&P Oil & Gas Exploration & Production ETF ( XOP ), shows 5 directors and officers as recently filing Form 4's indicating purchases. The ETF holds $4,620,709 worth of HK, which represents approximately 0.32% of the ETF's total assets at last check. The recent insider buying activity observed at HK is detailed in the table below:

HK - last trade: $0.2701 - Recent Insider Buys:

Purchased Insider Title Shares Price/Share Value
09/01/2015 Charles E. Cusack III EVP, Chief Operating Officer 50,000 $1.05 $52,500
12/18/2015 Floyd C. Wilson Chairman and CEO 500,000 $0.26 $130,500
12/18/2015 Tina S. Obut SVP, Corporate Reserves 100,000 $0.26 $25,710
12/18/2015 David S. Elkouri EVP, Corp Strategy and CLO 100,000 $0.26 $25,670
12/18/2015 Charles E. Cusack III EVP, Chief Operating Officer 100,000 $0.26 $25,830
12/18/2015 James W. Christmas Director 200,000 $0.26 $51,880

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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