Diamondback Energy's buyout of Double Eagle could signal the winding down of the rapid consolidation of the Permian Basin ...

There has been a flurry of acquisitions in the oil patch over the past couple of years. The biggest was ExxonMobil's (NYSE: ...

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 ...

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

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

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

Fallout continues from ExxonMobil Corp.'s acquisition of Pioneer Natural Resources Co., previously the largest energy company based in Dallas-Fort Worth. Learn more about the recent decision to ...

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 ...

Here's why analysts say it's a good deal. Exxon reportedly could buy Pioneer for $60 billion. Here's why analysts say it's a good deal.

Chevron's oil and gas reserves have fallen to the lowest point in at least a decade, highlighting the importance of the U.S.