Diamondback Energy is set to buy Double Eagle IV Midco LLC subsidiaries for $4.1 billion, enhancing its Midland Basin assets.

EIR analyst Andrew Dittmar called the deal a priority for Diamondback “because it represents one of the last current ...

Pioneer Natural Resources, previously the largest independent energy company based in the region, repaid millions in ...

He led the business’s growth into an industry behemoth. In late 2023, Sheffield oversaw the sale of Pioneer to ExxonMobil for $64.5 billion. Shortly after announcing the deal, he appeared on ...

Exxon Mobil reported strong Q4'24 earnings and FCF, driven by production growth from the Pioneer Natural Resources ...

Jan 21 (Reuters) - Former Pioneer Natural Resources CEO Scott Sheffield sued the U.S. Federal Trade Commission on Tuesday, saying it violated the law by barring his inclusion on Exxon Mobil's (XOM ...

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Exxon reported $34B in earnings and $55B in operating cash flow in 2024, maintaining a 15% five-year average ROCE. See why I ...

Exxon Mobil's Q4 earnings hit $7.61 billion, fueled by advantaged assets in the Permian Basin and Guyana, with production set ...

ExxonMobil ( XOM 0.10%) is a powerhouse in the oil patch. The oil giant delivered an industry-leading financial performance last year, producing over $33 billion in earnings and $55 billion in cash ...