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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…
Northern Oil and Gas (NOG) reported strong Q2 results with 17% EBITDA growth, 400%+ FCF increase, and raised buyback authorization to $243M. Permian curtailments from weak Waha gas prices offset by s…
Devon Energy beat Q2 guidance post-Coterra merger, generating $1.7B adjusted free cash flow, completing 2026 debt targets, and identifying $1B+ in annual synergies by 2027. Company raised production …
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…
The analyzed company reported record operational performance in the Permian basin, driving a 38% EBITDA increase. Management raised full-year 2026 guidance and outlined a positive long-term outlook d…
Despite a slight increase in the Permian Basin rig count, WTI crude oil prices fell sharply this week by nearly $6.50 per barrel due to broader market pressures.
Strong Q3 performance, positive outlook, and proactive refinancing by Delek Logistics Partners (DKL) indirectly benefit parent company XOM through strengthened midstream integration and growth in the…
Ring Energy Inc (REI) reported strong Q2 2026 results with rising oil prices, improved leverage, and raised 2027 guidance. CEO is bullish on oil due to tightening global supply and Strait of Hormuz r…
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…
ConocoPhillips beat Q2 earnings estimates with $3.24 EPS on higher realized oil prices and record Permian output, though total production declined due to Middle East disruptions. Guidance unchanged; …
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.
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,…
Devon Energy beat Q2 2026 earnings and revenue estimates, driven by strong oil pricing and the Coterra Energy merger, boosting production 61.6% YoY and generating robust free cash flow, though natura…
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…
ONEOK raised 2026 guidance after strong Q2 earnings driven by record NGL throughput, refined-products demand, and Permian/Gulf Coast volume growth, signaling robust U.S. energy infrastructure demand.
A produced water and crude logistics partnership raised FY2027 EBITDA guidance on record water disposal volumes and margin expansion, though this company is not directly tied to major tracked equitie…
Hotchkis & Wiley's Q2 2026 letter highlights APA Corp, noting strong free cash flow despite oil price declines tied to easing Iran conflict tensions, with APA trading at a valuation discount to peers.
Hotchkis & Wiley's Q2 2026 letter notes APA Corp's strong fundamentals but falling share price as oil retreated on Iran conflict resolution optimism, dragging down the broader energy sector despite s…