While ExxonMobil is a leader in today's energy industry, its ability to maintain its leadership will be a crucial factor in ...

Abbott also signed Senate Bill 529, referred to as the “Economic Development Magnet,” which supports large-scale hotel and ...

The Permian's outlook depends on price and demand, with future growth likely tied to higher oil prices and fewer, larger ...

Gov. Abbott approved a funding item sending $123 million to the Permian Basin to develop medical facilities and other ...

A key data release may underline how the US oil industry is reining in production growth in response to lower prices.

ConocoPhillips' transformative Marathon Oil acquisition and operational excellence drive strong results despite weak oil ...

A group of U.S. Congressmen toured a fracking site in Midland earlier this week —highlighting the Permian Basin’s role in boosting U.S. Energy. ABC Big 2’s ...

Chevron’s (CVX) decision to cut 20% of its workforce in 2025, recently impacting 800 employees in the Permian Basin region, ...

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

XOM aims to cut its oil breakeven to $35 by 2027 and $30 by 2030, boosting resilience even in low-price markets.

CVX's dividend remains reliable, but reinvestment needs and lost cash flow may slow down its payout growth in the near term.

Civitas Resources is a high-yield investment with a 7% dividend yield, low P/E of 4.7, and strategic growth positioning. Read ...