Frac's H2 Repricing Problem: Why $102 WTI Isn't Translating Into Spread Gains Yet

WTI at $102 and frac stocks are still lagging crude. The reason: H2 contract repricing negotiations between PUMP, PTEN, and LBRT and their operator clients are contested, and the outcome over the next 60 days will close or widen the spread.

Frac's H2 Repricing Problem: Why $102 WTI Isn't Translating Into Spread Gains Yet