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Market Impact: 0.28
Oil Hovers Around $90: Are Permian Stocks Well Poised to Gain?
Source: Nasdaq
Energy Markets & PricesCompany FundamentalsCorporate Guidance & Outlook
Oil prices slightly above $90 per barrel could support FANG, Exxon Mobil (XOM) and Chevron (CVX). Strong Permian Basin activity, production growth and drilling efficiencies are expected to bolster these producers' operating outlooks and cash-generation potential.
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mildly positive
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CVX0.35
FANG0.45
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