A look at the weighted underlying holdings of the SPDR S&P Oil & Gas Exploration & Production ETF (XOP) shows an impressive 29.4% of holdings on a weighted basis have experienced insider buying within the past six months.
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Oasis Petroleum Inc. (NYSE: OAS), which makes up 1.45% of the SPDR S&P Oil & Gas Exploration & Production ETF (XOP), has seen 3 directors and officers purchase shares in the past six months, according to the recent Form 4 data. The ETF holds a total of $14,108,452 worth of OAS, making it the #7 largest holding. The table below details the recent insider buying activity observed at OAS:
OAS — last trade: $15.43 — Recent Insider Buys:
| Purchased | Insider | Title | Shares | Price/Share | Value |
|---|---|---|---|---|---|
| 11/07/2014 | William J. Cassidy | Director | 3,000 | $27.31 | $81,930.00 |
| 12/15/2014 | Michael McShane | Director | 50,000 | $12.00 | $600,000.00 |
| 12/26/2014 | Douglas E. Swanson Jr. | Director | 15,000 | $16.80 | $252,000.00 |
And Bonanza Creek Energy, Inc. (NYSE: BCEI), the #8 largest holding among components of the SPDR S&P Oil & Gas Exploration & Production ETF (XOP), shows 2 directors and officers as recently filing Form 4's indicating purchases. The ETF holds $14,091,498 worth of BCEI, which represents approximately 1.44% of the ETF's total assets at last check. The recent insider buying activity observed at BCEI is detailed in the table below:
BCEI — last trade: $23.00 — Recent Insider Buys:
| Purchased | Insider | Title | Shares | Price/Share | Value |
|---|---|---|---|---|---|
| 12/05/2014 | Lynn Boone | Sr. VP, Planning & Reserves | 11,000 | $21.01 | $231,159.50 |
| 12/05/2014 | Richard J. Carty | President and CEO | 30,000 | $20.90 | $627,000.00 |
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