Oil fields are just as quick to make fortunes as break them. The 1901 Spindletop gusher in Texas jumpstarted the petroleum ...

The head of the largest independent oil producer in the Permian Basin predicts US shale production has peaked and will likely ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

U.S. crude oil prices rose more than 4% to $59.56 per barrel Tuesday as domestic production is expected to decline.

B in adjusted EBITDA, strategic acquisitions, and robust project expansion driving mid-single-digit growth strategy.

U.S. crude oil prices rose more than 4% to $59.56 per barrel Tuesday as domestic production is expected to decline.

Wall Street analysts forecast that Permian Resources (PR) will report quarterly earnings of $0.44 per share in its upcoming release, pointing to a year-over-year increase of 4.8%. It is anticipated ...

Diamondback Energy predicts that peak onshore crude oil production in the United States has been reached and will decline due to reduced drilling activity prompted by lower oil prices.

Coterra Energy (CTRA) stock fell 1.5% in extended trading on Monday after the oil and gas producer missed first-quarter ...

U.S. shale producer Coterra Energy reported a rise in first-quarter profit on Monday but said it would lower its annual ...

U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil.