Why We’re About to See More Capex Cuts in the Oil Patch

Why We’re About to See More Capex Cuts in the Oil Patch

Motley Fool

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Due to coronavirus and OPEX+ clashes, oil companies will cut their capital expenditures. Companies such as Husky Energy (TSX:HSE), Arc Resources (TSX:ARX), and Cenovus Energy (TSX:CVE)(NYSE:CVE) have already cut their capex.

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