Global Idea: State Street Oil & Gas Exploration & Production ETF (XOP)

Research Notes January 2026 > https://www.unum.capital/post/rjan2026

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Buy at current level of $134.63 or lower

Stop-loss: $121.00

Target(s): $160.00 & 165.00

Code: XOP

Lester Davids

Senior Investment Analyst: Unum Capital