The Latest Breaking News from Permian

As the EV market cools, the oil industry scorches with $250 billion in high-stakes deals and mass consolidation—'the bigger the company is, the more money they make'

What’s causing the industry’s merger surge? “The Permian Basin, the Permian Basin, and the Permian Basin,” says one CEO.

Fortune · May 29, 2024

Record-Breaking First Quarter For Oil And Gas Mergers

Permian Basin M&A activity hits record high in Q1 2024, signaling industry shifts and challenges.

Top News · Apr 24, 2024

2 Small-Cap Energy Stocks with More Than 30% Upside Potential, According to Wall Street

With a series of blockbuster deals in the Permian Basin still shaking up the energy sector, here are 2 small-cap stocks analysts think have significant upside potential.

Barchart · Feb 20, 2024

1 High-Yield Energy Dividend Stock to Own for 2024

For energy investors seeking out steady dividend income and exposure to the oil-producing gusher that is the Permian Basin, here's a top-rated stock pick to consider right now.

Barchart · Nov 22, 2023

Don't Miss This Under-the-Radar Permian Basin Dividend Stock

Uncover the untapped potential of the energy sector with Waste Connections, a dividend stock strategically positioned in the booming Permian Basin.

Barchart · Oct 24, 2023

How To Play the Pullback in Exxon Mobil Stock

Exxon Mobil shares have been volatile over the past month, as investors price in concerns over a $60 billion Permian acquisition and roller coaster action in crude futures. Here's what you need to know about XOM at current levels.

Barchart · Oct 17, 2023

This Permian Basin Energy Stock Could Be the Next Big Oil Takeover Target

Large oil companies in the U.S. are making barrels of cash, and Exxon's bid to buy Pioneer could set off a flurry of similar acquisitions in the Permian Basin.

Barchart · Oct 10, 2023

America is going through an oil boom — and this time it's different

Business is pretty good in America's busiest oil patch. Prices are high enough to turn a profit and then some. But instead of going wild, producers have been aiming for something new: Discipline.

WEKU · Jun 9, 2023

U.S. Permian Basin oil production — and profits — have surged

President Biden has been asking for more oil. Producers now think prices will be high enough for the next several years to justify it.

Axios · Feb 2, 2023

EPA moves away from Permian Basin air pollution crackdown

The oil industry pushed hard against the proposal to issue an ozone nonattainment designation, which would have required that companies reduce oilfield emissions.

The Texas Tribune · Jan 13, 2023