ExxonMobil detailed its water management efforts while Midland Mayor Lori Blong highlighted the industry's role in future ...

ExxonMobil produced 1.5 million barrels of oil equivalent per day from the Permian Basin by the end of 2024 and anticipates producing 2.3 million barrels per day by 2030, an increase of over 50%.

Tomorrow, the Permian Basin Water in Energy Conference (PBWIEC) kicks off bringing experts to discuss how to balance energy ...

Many hold 100 or more stocks. That diversification helps reduce risk. Vanguard Energy ETF enables investors to passively ...

Diamondback Energy has agreed to acquire certain subsidiaries of Double Eagle IV Midco for 6.9 million shares and $3 billion in cash (about $4.1 billion total). The deal will add about 40,000 net ...

Last Friday, Exxon Mobil Corporation XOM reported fourth-quarter 2024 earnings that exceeded expectations, driven by stellar production from Guyana and Permian, contributing to a strong business ...

That deal, combined with ExxonMobil’s October 2023 purchase of Pioneer Natural Resources cemented Diamondback’s status as the biggest independent kid on the Permian block. Diamondback’s deal ...

Exxon Mobil reported strong Q4'24 earnings and FCF, driven by production growth from the Pioneer Natural Resources acquisition. Read why XOM stock is a Strong Buy.

In the Permian Basin, he said, ExxonMobil delivered record production from both its Heritage ExxonMobil assets and the Pioneer Natural Resources assets from that acquisition last year.

ExxonMobil XOM and Chevron CVX, two of the world’s largest oil/energy companies, delivered contrasting earnings performances in the fourth quarter. ExxonMobil reported Q4 adjusted earnings per ...