ExxonMobil is expanding automated robotic drilling rigs across the Permian Basin to enhance worker safety, boost drilling speeds, and support plans to raise production by nearly 40% to 2.5 million bo…
Crescent Energy posted strong Q2 results, beating revenue and EPS estimates on higher oil output and Permian synergy gains, signaling robust conditions in the U.S. shale sector.
Viper Energy posted strong Q2 revenue growth (128% YoY) and record oil production, driven by Diamondback and third-party operators, though EPS missed estimates slightly amid capital allocation shifts.
Infinity Natural Resources (INR) posted record Q2 EBITDAX of $115M and 75% YoY production growth, reaffirming 2026 guidance despite a CFO transition and rising service costs. Company is a small Appal…
California Resources (CRC) beat Q2 revenue estimates by 36% but missed EPS by 28%; shares fell 6%. Oil production rose 10.1% YoY, though free cash flow margin declined, raising mixed signals for the …
Egypt plans $4.5bn refinery investment, aims to boost oil/gas output, import Cypriot gas for re-export, and reduce petroleum imports as part of its 2026/2027 development strategy.
Permian Resources posted record Q2 free cash flow of $751M, raised 2026 oil production and capex guidance, and expanded Delaware Basin acreage via bolt-on acquisitions, signaling strong operational e…
Riley Exploration Permian (REPX) reported strong Q2 oil production growth, raised 2026 production guidance by 30% YoY, but saw free cash flow drop and debt rise due to increased CapEx and infrastruct…
Magnolia Oil & Gas posted record Q2 production, strong free cash flow, and raised 2026 growth guidance. The WildFire Energy acquisition adds scale but increases leverage and dilutes near-term per-sha…
Valeura Energy (TSX:VLE) reports strong Q2 2026 results with 101% revenue growth to $259.8M, driven by 56% higher oil price realizations amid Middle East conflict and increased sales volumes. Company…
SM Energy posted a massive Q2 beat, with revenue up 215% YoY to $2.5B and EPS of $4.46 crushing estimates, driven by 98.6% oil production growth and 84% EBITDA margins.
Chord Energy posted strong Q2 results with 84% revenue growth, beating estimates significantly despite a slight EPS miss. Robust production growth and free cash flow margins signal healthy oil sector…
Talos Energy (TALO) posted record Q2 2026 free cash flow of $232M, raised production guidance, issued $800M notes to refinance debt, and expanded into Mexico/Honduras exploration despite paused buyba…
Vitesse Energy (VTS) posted Q2 2026 results with 9% sequential production growth, maintained its 15th consecutive dividend, but narrowed production guidance and raised capex outlook amid a competitiv…