Studies Link New Mexico Drilling to Radiation, Air Pollution, Health Risks Small towns in the Permian Basin have become a petri dish for the perils of living amid the nation's largest oil fields. Capital & Main · Sep 4
The U.S. is about to churn out much more natural gas to power AI or to export, and it’s triggering a slew of multibillion-dollar acquisitions Oneok bought up Brazos Midstream’s Permian Basin gas facilities for over $4.4 billion as the industry consolidates. Fortune · Sep 2
This Texas basin was once dismissed as a ‘graveyard’. Now its oil economy supports 853,924 jobs and generates billions in economic activity across the US A century ago, the Permian Basin was hardly the place anyone would have picked as an engine of the American economy. Early observers were so unimpressed by parts of the landscape that the region was dismissed as a “graveyard” according to WorldOil. Today, the same stretch of West Texas and… The Times of India · Sep 1
Texas Has a Water Shortage and a Water Glut. They’re the Same Problem. Every day the Permian Basin brings up more water than nearby communities use, and treats most of it as waste. The state can no longer afford to do so. Texas Observer · Jun 23
Summit Midstream Partners Q1 Earnings Call Highlights Summit Midstream Partners (NYSE:SMC) said first-quarter 2026 results were broadly in line with expectations, as strength in its Rockies business helped offset weaker volumes and lower realized residue gas prices in its MidCon segment. President, CEO and Chairman Heath Deneke said Summit reported fi MarketBeat · May 15
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 · May 1
Following UAE’s OPEC Exit Shock, Diamondback Energy Could Be the Smartest Bet Now The UAE’s decision to exit OPEC/OPEC+ has injected new uncertainty into oil markets and pushed crude prices above $100 per barrel. Low-cost Permian operator Diamondback Energy may be positioned as one of the clearest near-term beneficiaries. Barchart · Apr 30
As Analysts Call for Brent Crude to Hit $120, Here Are the 3 Top-Rated Oil Stocks to Buy Now J.P. Morgan believes a prolonged Strait of Hormuz disruption could push Brent to $120 to $130. Diamondback, Sunoco LP, and Viper Energy sit among Wall Street’s highest‑rated ways to ride that risk premium. Barchart · Mar 6
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 · Feb 2
Analysts Revised ExxonMobil EPS Estimates, Emphasizes Permian Growth Potential A couple of analysts reiterated their rating and price forecast on ExxonMobil Corporation (NYSE:XOM) following its third-quarter earnings reported last week. Benzinga · Nov 3, 2025
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 · Nov 3, 2025
Exxon and Chevron hike oil production despite global glut and see more ‘frontier exploration’ as U.S. shale boom slows Chevron cited more exploration efforts in Suriname, Brazil, Angola, Nigeria, Namibia, and the Middle East. Fortune · Oct 31, 2025
EXCLUSIVE: Vivakor Secures $23 Million Funding To Expand Energy Business Across Permian And Eagle Ford Vivakor (NASDAQ: VIVK) announced on Monday that it has signed a term sheet with a counterparty to provide up to $23 million in capital by issuing a new series of convertible preferred stock. Benzinga · Sep 29, 2025
Crescent Energy To Absorb Vital In $3.1 Billion All-Stock Transaction Crescent Energy Co. (NYSE:CRGY) will acquire Vital Energy Inc. (NYSE:VTLE) in an all-stock merger valued at about $3.1 billion, including debt, the companies said Monday. The deal will create one of the 10 largest independent U.S. oil and gas producers with operations across the Eagle Ford, Permian, and Uinta basins. Benzinga · Aug 25, 2025
Fortune · Aug 24, 2025 U.S. shale oil boom transforms from money treadmill into cash cow, Chevron president says Chevron slows down in the booming Permian as it looks to international growth.
Fortune · Aug 1, 2025 Forced frenemies, Exxon and Chevron take diverging paths as leaders of the booming Permian Big Oil leaders dominate the Permian and the hottest spot in South America.
Fortune · Jun 6, 2025 How a sleepy Texas city turned into the energy export gateway of the U.S. The completion of a channel deepening and widening project is taking the booming Port of Corpus Christi to new heights—and depths.
Fortune · Jun 3, 2025 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.
The Guardian - UK · May 28, 2025 European fertiliser plants use US ammonia made with shale gas, investigation reveals Despite green promises, Yara and BASF’s Texas factory relies on highly polluting natural gas from Permian Basin
Fortune · May 6, 2025 A top CEO declared the U.S. oil industry has 'peaked' “We’re a little over 100 days into this new administration and, ‘Good Lord.' There’s been a tremendous amount of volatility introduced."
Fortune · May 5, 2025 As the mighty Permian Basin slows, Canada stands to rise in the shale oil and gas world Kimmeridge activist investment firm eyes Canadian producers and new LNG projects.
MarketBeat · Apr 22, 2025 Occidental Petroleum: Unpacking Its Onshore Oil & Gas Strength Occidental Petroleum's largest business segment is its onshore oil & gas production with nearly 2.7 million acres in the Permian Basin, here's what's coming.
The Texas Tribune · Mar 18, 2025 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 Independent UK · Dec 19, 2024 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
Barchart · Jun 5, 2024 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…