Gulf Of Mexico Breakeven Falls Below $50 Per Barrel

CXO is an independent oil and natural gas company engaged in the acquisition, development and exploration of oil and natural gas properties. This integrated giant is a safer way for investors looking to stay long the energy sector, and it has big Permian Basin exposure. Danish offshore driller Maersk Drilling has been awarded a new contract by Equinor for jack-up rig Maersk Intrepid.

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