The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

The company will acquire about 13,320 net acres, 8,700 net royalty acres, and expected second-half production of 12,000 boe/d ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

Q1 2025 Management View Co-CEO Will Hickey highlighted achieving the highest free cash flow per share in company history at $0.54, driven by lower per unit costs and strong production. Oil production ...

Permian Resources ( NYSE: PR) said Wednesday alongside its Q1 earnings report that it agreed to acquire APA Corp.'s ( APA) ...

Roth Capital raised the firm’s price target on Permian Resources (PR) to $17 from $16 based on higher cash flows, while keeping a Buy rating on the shares following quarterly results.

U.S. oil companies slash 2025 capital spending and adjust production plans as falling oil prices and market uncertainty ...

Drilling activity continued its downward trend, falling for a second consecutive week. Oilfield services firm Baker Hughes said Friday its weekly rig count dropped by six rigs to 578, the lowest level ...

While the Permian Basin—including its Midland eastern lobe and Delaware western lobe—in West Texas is by far the king as it ...

After over $1.6 billion in divestments in the past year, this company is adding another $608 million to the list.

ExxonMobil is benefitting from its Pioneer acquisition, Guyana development and many other upstream and downstream projects.