Depressed Oil Prices Can't Stop Oilers XOM, CVX, and COP From Gushing
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Despite depressed oil prices, with Brent crude in the low $60s and WTI just under $60, companies like XOM, CVX, and COP continue to perform well. Typically, such price levels lead to investor concerns about margin compression, capex cuts, and dividend stress. However, these companies remain resilient, suggesting strong operational strategies. Investors are encouraged to stay informed with tools like TipRanks Premium for smarter investment decisions.
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