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The Daley Note 3/19/2021
The Daley Note 3/19/2021
- WES Rig Counts Point to EBITDA Upside: Rig activity has quadrupled this year on Western Midstream’s DJ Basin system, creating upside to our 2021 earnings outlook for the company. OXY, WES
- Oil Falls 7% in Market Retreat: Oil prices fell sharply Thursday, though the cause for the pullback wasn’t entirely clear by the end of the day. Market watchers cited many factors including demand recovery concerns and profit-taking.
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