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Iraq aims to double oil output, seeking OPEC quota hikes. Chevron is poised for a major role, signing MOUs for West Qurna 2 and Nassiriya fields, potentially unlocking significant long-term growth bu…
Nigeria is aggressively boosting oil production, aiming for 3 million bpd by 2030. This effort to capture market share amid global supply disruptions, combined with new investment incentives, will li…
Chord Energy posted strong Q2 results with 84% revenue growth driven by higher oil production and efficiency gains, though EPS slightly missed estimates. Management highlighted AI-driven optimization…
Talos Energy posted record free cash flow and raised production guidance in Q2, driven by strong Gulf of America output, though major growth projects (Mexico, Honduras, bolt-on acquisition) remain un…
ConocoPhillips' Alaska subsidiary started oil production at the Coyote 3SX site, adding up to 12,000 bpd gross, ahead of schedule and under budget, supporting long-term North Slope output growth.
Devon Energy shares rallied after Q2 2026 results, guidance, and buybacks, with a valuation narrative suggesting 28% upside. Strong cash flow and shareholder returns highlight bullish energy sector m…
Matador Resources posted strong Q2 2026 results, beating EPS and revenue estimates on record oil production and higher realized oil prices, while raising 2026 production guidance. Natural gas pricing…
Devon Energy beat Q2 2026 estimates, tightened oil production guidance, reaffirmed $1B+ merger synergy targets by 2027, and defended a $2.6B New Mexico lease deal amid ongoing portfolio review.
ConocoPhillips posted stronger-than-expected Q2 earnings, driven by higher realized oil prices and record Permian output, but kept full-year guidance unchanged, limiting investor enthusiasm despite s…
Devon Energy posted strong Q2 2026 earnings post-Coterra merger, with record production near guidance highs and solid free cash flow, though gas realizations were hurt by weak Permian pricing.
APA Corp beat Q2 estimates with $747M net income, raised U.S. oil production guidance, cut costs, and accelerated debt reduction, signaling strong operational execution in the Permian and Egypt.
Occidental Petroleum posted a Q2 2026 profit surge to $2.8B, driven by higher realized crude prices, strong midstream margins, and record production, while cutting debt and raising its dividend 8%.
Devon Energy (formerly Devon/Coterra merger) beat Q2 2026 guidance, generated $1.7B in free cash flow, and returned over $1B to shareholders. Integration synergies and Permian growth remain on track,…
APA Corp missed Q2 revenue estimates ($2.37B vs $2.44B) but beat EPS by 1%. Oil production flat, free cash flow margin surged to 31.1%. Stock remained flat at $34.91 post-earnings, reflecting mixed r…
Diamondback Energy (FANG) beat Q2 2026 earnings estimates, raised production guidance without increasing capex, cut debt significantly, and outlined a flexible growth/buyback strategy amid tight glob…
Ecopetrol posted sharply higher Q2 earnings on strong Brent prices, record refining margins and improved crude differentials, despite production disruptions. Company advances Brava Energia acquisitio…
API CEO Mike Sommers says higher energy prices spur future production investment, urges more refineries and permitting reform to boost US energy infrastructure.
IPC reported Q2 2026 results: production in line with guidance, first positive free cash flow since 2023, and first oil achieved at Blackrod ahead of schedule. Net debt remains high, no dividends pla…
Diamondback Energy raised its 2025 production outlook after exceeding 1 million boe/day, cut debt by $1.3B, doubled buybacks to $16B, and kept capex flat, signaling strong Permian efficiency gains.
Woodside Energy posted 28% revenue growth in Q2 2026 to $4.18bn, driven by higher realized oil prices, despite an 18% production drop. Key projects like Scarborough remain on track, supporting strong…