I was invested in SXY until recently. And fwiw, my sell sentiment is not specific to this company - it applies to O&G sector generally. Energy prices are crashing. And there's a lot further to go.
SXY is not insulated from the carnage. To the contrary, its tight balance sheet and un-contracted forward supply make it highly exposed to falling commodity prices.
Don't take my word for it though. Just look at what the share price is doing. It tells you everything you need to know.
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