Oil and gas producers SM Energy and Civitas Resources will combine in a $12.8 billion merger of near equals that will expand ...

The “cornerstone” of the combined company, to be called SM Energy, will be a portfolio of more than 800,000 acres in the ...

With $55 oil ahead, Permian Basin producers cut costs, pursue M&A and pivot to natural gas for LNG and data-center power, ...

Permian Basin explorer SM Energy Co. agreed to buy rival Civitas Resources Inc. in an all-stock transaction for about $2.8 billion, the latest move to consolidate the US shale industry.

America's oil magnates are prepared for prices to be lower next year, as supply on Texas' Permian Basin ramps up to account ...

ExxonMobil reports Q3 earnings with $2.4B in inorganic investments; JPMorgan and BoFA maintain ratings and update EPS and cash flow forecasts.

Exxon Mobil’s third-quarter earnings beat Wall Street’s expectations, bolstered by strong Guyana and Permian Basin production ...

The Permian Basin International Oil Show (PBIOS) is now in full swing at the Ector County Coliseum in Odessa. Taking place ...

Chevron and the Trump administration are aligned in their values that see American energy dominance as linked to "economic ...

Big Oil leaders Exxon Mobil, Chevron, and Shell continue to hike their crude oil production volumes from West Texas’s Permian ...

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Viper Energy agreed to sell its non-Permian Basin assets to GRP Energy Capital and Warwick Capital Partners for $670 million.