Oasis Petroleum’s 2019 capex came in under guidance, and the company is also lowering its projected spending for 2020. Its 2019 spend was $590-604 million compared to guidance of $620-640 million. In the most recent quarter, spending was 23% below the midpoint target for Q4 at $115-125 million. Capex for 2020 has been lowered to $700-730 million from the prior guidance of $750 million set in November. During 2019, Oasis brought online 78 operated......
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