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37d · 1 min read
At $60 WTI, roughly 30% of Permian operators are below breakeven on a cash basis. The survivors: PXD legacy assets, COP's Midland basin acreage, FANG's Delaware positions. Small-cap E&Ps with high-graded drilling inventory are most exposed. Watch the DUC well inventory as a leading indicator of activity cuts.
No position disclosed.
This is not financial advice. For informational purposes only.
Based on publicly available information and contributor analysis.
This content is for informational purposes only and should not be considered financial advice.
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