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 ...

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 ...

Diamondback Energy has agreed to acquire certain subsidiaries of Double Eagle IV Midco for 6.9 million shares and $3 billion ...

While the Vanguard Energy ETF (NYSEMKT: VDE) holds 112 energy stocks, two of those holdings -- ExxonMobil (NYSE: XOM) and ...

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.

Global oil supply growth and peak demand might cap Exxon Mobil's potential. Discover why experts recommend selling Exxon ...

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 ...

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 ...