JPMorgan analyst Arun Jayaram raised the firm’s price target on Permian Resources (PR) to $19 from $17 and keeps an Overweight rating on the shares. In 2025, the firm expects natural gas produce ...
The Associated Press on MSN9d
Colombia’s president orders national oil company to cancel US venture over environmental concernsPresident Gustavo Petro said he opposed the deal because it involved extracting oil through fracking, a controversial ...
HOUSTON (Reuters) -Growth in oil output from the U.S. Permian basin, the country's top oilfield, is expected to slow by at least 25% this year despite President Donald Trump's vow to maximize ...
The Associated Press on MSN14d
Exxon Mobil's strong fourth quarter fueled by rising production in the Permian, GuyanaExxon Mobil posted strong fourth quarter profits as the oil and gas company increased production in the Permian basin at home, and in Guyana. The Texas company earned $7.61 billion, or $1.72 per share ...
Furthermore, Janela notes Permian Resources’ potential for growth through acquisitions, as the company is seen as more of a buyer in the near term. The recent initiatives to enhance natural gas ...
ExxonMobil reported fourth-quarter earnings that beat analyst expectations, driven by record production in the Permian Basin ...
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