Current COSWF Stock Info

Major companies are struggling to maintain capital expenditures as oil prices continue to slide further. Already in the last six months prices have fallen more than 40% as supply continues to outpace sluggish demand growth.

In the last week, three large Canadian companies announced major cuts to their capital expenditures for 2015. Vermilion Energy (ticker: VET) and Canadian Oil Sands (ticker: COS), both Canadian E&Ps, and Precision Drilling (ticker: PD), a service-side company, released their 2015 guidance with lower CapEx than their 20...

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