Current /BZ:NMX Stock Info

With WTI crude oil trading between $83.59 and $86.29 per barrel on Friday, questions about a bear market for commodity prices linger. This morning, Oil & Gas 360® talked to the Baird energy research team about ramifications from this week’s oil price slide.

“Our view is you’re not going to see reductions in activity, capital budgets or drilling programs [at today’s levels]; it’s fairly well hedged for the next few months. All the basins make sense at $80 oil. If it fell to low to mid $70s for a prolonged period, that’s when you’re likely...

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