U.S. oil rig count falls to its lowest since 2021, while natural gas drilling activity continues to increase, according to ...

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

Leaders also are sticking to Hess’ capex and production pace and expect to generate merger savings more quickly than ...

Occidental Petroleum has lagged behind the broader market over the past year, and Wall Street analysts maintain a cautious ...

Occidental Petroleum Corporation focuses on EOR using carbon capture but faces risks with costly DAC investments. Click to read more on the OXY stock earnings preview.

Occidental Petroleum Corporation (NYSE:OXY) is included among the Best Crude Oil Stocks to Buy According to Hedge Funds. A leading producer and one of the largest acreage holders in the Permian Basin, ...

The companies operating in the Zacks Oil-Energy sector offer a compelling long-term investment opportunity, underpinned by abundant shale reserves, advanced extraction technologies, and steady global ...

Lea County, New Mexico, extended its winning streak to three weeks, gaining one rig to become the most active county in the ...

In the Permian Basin, which spans West Texas and southeastern New Mexico, the rig count remains steady at 265. That’s unchanged from last week but down from 305 rigs at this time in 2024.

In addition to a direct $184 million investment aimed to improve education, healthcare, workforce development, and road safety throughout the Perm ...

Occidental Petroleum Corporation OXY is trading above its 50-day simple moving average (SMA), signaling a bullish trend. The company is gaining from its focus on the Permian Basin and contributions ...