Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

THE TRUTH ABOUT: Permian basin - The Untold Story

An old well began gushing oilfield wastewater in a West Texas church parking lot, sparking a costly cleanup

By the time the Texas Railroad Commission shut down nearby oilfield injection wells to control the leak, 1.5 million gallons of toxic wastewater had spilled to the surface.

The Texas Tribune

Exxon Mobil CEO sees “more to come” on price spikes from Iran war as Exxon, Chevron beat on earnings despite plunging profits

Exxon and Chevron are maintaining a wait-and-see approach to Venezuela, but they're taking diverging paths in the booming Permian Basin.

Fortune

Natural gas prices in Texas plunge deep into negative territory and producers are burning it off, while the rest of the world braces for shortages

Over the past week, spot prices at the Waha gas trading hub in the Permian Basin fell as low as -$9.75 per million British thermal units.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

Devon Energy CEO: 'Stars align' to acquire Coterra for nearly $26 billion in combo of near equals as merger mania returns to the oilfield

The massive Permian Basin merger creates a combined Devon with a $58 billion enterprise value.

Fortune

Will Diamondback Energy Raise Its Dividend Next Month? If So, FANG Stock Could Rise

Diamondback Energy, a pure-play Permian Basin oil and gas play, is set to announce earnings and dividends on Feb. 24. If it hikes the dividend, FANG stock could rise. However, shorting out-of-the-money puts might be a better play.

Barchart

SM Energy is acquiring Civitas in $13 billion oil and gas merger of near equals in the Permian Basin

The merger is the biggest oil and gas deal in months as the U.S. industry continues to consolidate.

Fortune

ExxonMobil Remains The Go-To Safety Trade In Volatile Energy Market: Analysts

Exxon Mobil Corporation (NYSE:XOM) is boosting oil production efficiency and financial resilience through strategic innovations in its Permian Basin operations, positioning the energy giant for stable cash flow and growth even as 2025 brings market uncertainty.

Benzinga

Read news from The Economist, FT, and more,
with one subscription

Vistra Expands Permian Basin Plant With New Gas Units

Vistra Corp. (NYSE: VST) will add two new natural gas units at its Permian Basin Power Plant in West Texas, expanding the facility’s capacity from 325 megawatts to 1,185 megawatts. The decision comes as electricity use grows across the state, particularly in energy-intensive industries tied to oil and gas.

Benzinga

Diamondback’s Viper Energy buys Sitio Royalties for $4B in merger of top two minerals players

The minerals and royalties deal continues Diamondback's ascent as the top producer focused on the still-booming Permian Basin.

Fortune

$Coca-Cola and Unilever among dozens of plastic brands tied to Texas fracking, investigation reveals$

Coca-Cola and Unilever among dozens of plastic brands tied to Texas fracking, investigation reveals

More than 25 major consumer brands and petrochemicals have been traced to fracking in the Permian Basin, one of the world’s ‘carbon bombs’.

Euronews

An abandoned West Texas oil well has created a 200-foot-wide sinkhole

The rapidly-growing sinkhole in Upton County is the latest of many problems caused by old wells in the Permian Basin.

The Texas Tribune

Harmful gas billowing from Texas and New Mexico comes mostly from smaller leaks, researchers say

Huge quantities of methane, a powerful greenhouse gas, are being emitting by oil and gas operators in the 75,000-square-mile Permian Basin straddling Texas and New Mexico

The Independent UK

The EPA Stalled and Then a Fix for New Mexico Oil and Gas Pollution Evaporated

Trump election likely marks the end of a federal response to worsening air pollution in the Permian Basin.

Capital & Main

State oil regulator requests $100 million to tackle West Texas well blowouts

Abandoned wells in the Permian Basin are increasingly erupting with briney, polluted water. The Texas Railroad Commission says it needs emergency money to respond.

The Texas Tribune

Get all your
news in one place.

100's of premium titles.
One news app.

Barchart

Grab This Warren Buffett Dividend Stock While It's Cheap

Warren Buffett has taken a significant stake in Occidental Petroleum (OXY), a dividend-paying energy stock trading at a discount, with attractive valuation metrics and a steady dividend yield. OXY's strategic moves, debt reduction efforts, and expansion in the Permian Basin make it a potentially lucrative investment opportunity.

Barchart

Diamondback Energy Stock: Is FANG Outperforming the Energy Sector?

Diamondback Energy recently outperformed the broader energy sector, and analysts seem confident about the stock’s potential, citing its solid position in the Permian basin and pending acquisition.

Barchart

1 Top Energy Stock to Profit from Shale Industry Consolidation

Merger and acquisition activity in the U.S. oil and gas sector has surged to almost $200 billion in the past year. Not surprisingly, the country’s richest shale area - the Permian Basin - has been the focus of much of the activity over the past five years - and with…

Fortune

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.

Get all your
news in one place.

100's of premium titles.
One news app.

Barchart

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.

Top News

Consolidation in Permian Basin continues as Diamondback acquires Endeavor Energy

Learn about the latest mergers and acquisitions in the Permian Basin, with a focus on potential companies that could be acquired in the future.

Barchart

7 Energy Dividend Stocks Analysts Expect to Rally

With another major M&A deal in the Permian Basin pushing oil and gas stocks higher today, here's a look at the passive income picks Wall Street analysts like best.

Barchart

CEO Scoops Up $4.5M of This Russell 2000 Energy Stock

This small-cap energy stock with Permian Basin exposure just scored a major investment from its top executive. Here's a closer look at insider buying on this oil and gas name, and whether investors should follow suit.

Barchart

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

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

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.

1 2

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.