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

Exxon Mobil’s fourth-quarter adjusted profit managed to beat Wall Street’s expectations, as the oil and gas company increased ...

In addition to its traditional upstream and downstream energy operations, XOM is entering the lithium market, a major ...

Manuj Nikhanj, Enverus chief executive officer, noted that in 2024 the top 10 public operators represented 56% of production ...

Exxon Mobil on Friday posted mixed fourth-quarter results that showed weakness in its refining and chemicals business, though ...

ExxonMobil surpassed earnings expectations, but revenue fell short, highlighting the fourth quarter's achievements and ...

ExxonMobil XOM and Chevron CVX, two of the world’s largest oil/energy companies, delivered contrasting earnings performances in the fourth quarter. ExxonMobil reported Q4 adjusted earnings per ...

That investment will grow output from its highest-margin assets, which will increase its earnings and free cash flow. Exxon also plans to deliver a cumulative $18 billion in cost savings by the end of ...

Unconventional development technology in one of its primary unconventional plays led to a strong fourth quarter for ExxonMobil. The multinational giant reported earnings of $7.61 billion or $1.72 per ...

ExxonMobil 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 ...