Greenlake II is led by current President and CEO, Matt Gallagher, who previously served as the CEO of Parsley Energy until its sale to Pioneer Natural Resources in 2021. The new capital commitment ...

Greenlake II is led by current President and CEO, Matt Gallagher, who previously served as the CEO of Parsley Energy until its sale to Pioneer Natural Resources in 2021.

Permian Resources is the biggest operator in the Delaware Basin and has been on a buying spree. They picked up Earthstone in 2023, financed entirely with equity, and expect to add over $225 ...

Diamondback Energy Inc announced a Midland Basin acquisition in a statement posted on its site on Tuesday. In that statement, the company said it has entered into a definitive purchase agreement ...

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.

“With Pioneer Natural Resources sold to Exxon in 2023, ... Diamondback is also likely to shed assets in the Delaware basin to reach its $1.5 billion sale target, Dittmar said.

ExxonMobil has reached the milestone of 1000 horizontal wells drilled in the New Mexico portion of the Delaware Basin. ... which it expanded with the Pioneer Natural Resources acquisition.

Summary. Devon Energy is undervalued, trading at just 3.5x operating cash flow, with a fair value estimate of $82 per share, offering significant upside potential.

Exxon will reduce the headcount at Pioneer Natural Resources by some 397 over the next two years, reducing the number of employees by 20%. The move follows Exxon’s megadeal for the acquisition ...

A 2018 map of the major structural and tectonic features in the Permian Basin region. (Source: EIA, U.S. Geological Survey data) When Paul McKinney became CEO of Ring in October 2020, the Central ...

Devon Energy (NYSE:DVN) is an oil and gas company with a market cap of $26.01 billion.It's been a while since I last wrote about Devon Energy and I believe it's time to revisit it and provide an ...

An array of pumpjacks operate near the site of a new oil and gas well being drilled Friday, April 8, 2022 in Midland, Texas. Exxon Mobil Corp. is buying Pioneer Natural Resources in an all-stock ...