Permian Break-Even Costs Low: 3 Energy Stocks to Gain
Chevron(CVX) zacks.com·2024-05-28 13:26
With its low break-even costs and reliable regulatory framework, the Permian Basin presents an appealing opportunity for oil and gas investors seeking sustained growth and profitability over the long haul. The current favorable oil pricing environment further enhances the business outlook in the United States' most prolific basin.Rising Oil PricesWest Texas Intermediate (“WTI”) crude is nearing $80 per barrel, fostering an excellent climate for exploration and production. The U.S. Energy Information Adminis ...