Back in 2017, oil production in the Permian stood at 2.2 million barrels daily. Today, the Permian is producing over 6 million barrels daily, accounting for nearly half of the U.S. total.

Despite record U.S. crude oil production, limits to growth have started to emerge. In the Permian, the gas-to-oil ratio (GOR) has steadily risen from 34% of total production in 2014 to 40% in 2024.

After the rollup, Permian Resources is the largest pure-play oil company in the Delaware Basin (straddling the Texas/New Mexico border) with 450,000 net acres and 370,000 barrels per day of output.

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%.

Permian reported EBITDA of $1,045 million in 1Q25. Compared to 1Q24, this represents a 13.5% increase from the $921 million reported in the same period last year.

HOUSTON, Feb 6 (Reuters) - Growth in oil output from the U.S. Permian basin, the country's top oilfield, is expected to slow by at least 25% this year despite President Donald Trump 's vow to ...

Occidental Petroleum OXY -0.20% is in talks to buy CrownRock, a major energy producer in the west Texas area of the Permian basin, continuing a frenzy of deal making in the oil patch. A deal for ...

Permian Resources currently has a P/E of 9.74, while boasting an EV/EBITDA of 4.14, relatively in line with its peers. The company also trades near its book/Tangible Book valuation at $12.99 a share.