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Oil Hovers Around $90: Are Permian Stocks Well Poised to Gain?
Source: zacks.com
Energy Markets & PricesCompany FundamentalsCorporate Guidance & Outlook
Oil prices slightly above $90/bbl could support the outlooks for Diamondback Energy (FANG), Exxon Mobil (XOM) and Chevron (CVX). Strong Permian Basin activity, production growth and drilling efficiencies are cited as key drivers of potential upside for the companies.
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