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The SPDR S&P Oil & Gas Equipment & Services ETF (NYSEARCA:XES) provides targeted exposure to the leading companies within this critical segment of the energy sector. Following a record year for oil & gas producers benefiting from elevated pricing, the setup in
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Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in XES over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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