Crude futures pick up from the previous day's losses, helped in part by major Permian producer Diamondback Energy's CEO warning shareholders that the company expects activity to slow and production to ...

Murphy, a true freshman out of Little Rock Parkview, enrolled early at Arkansas and went through spring practices before ...

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The head of the largest independent oil producer in the Permian Basin predicts US shale production has peaked and will likely decline from here as oil prices hovers near four-year lows.

Coterra Energy (CTRA) reports strong Q1 2025 results with adjusted CapEx, robust cash flow, and strategic shifts in oil & gas production.

The outlook from Diamondback, one of the industry’s most prominent producers, marks a key shift for expectations within the ...

U.S. crude oil prices rose more than 4% to $59.56 per barrel Tuesday as domestic production is expected to decline.

The firm’s cost advantage is underpinned by a long runway of drilling opportunities in low-cost areas. It operates exclusively in the Permian Basin, which is the cheapest source of crude oil in the US ...

Economic headwinds and oil-market turbulence mean U.S. shale's crude output has likely peaked and is set to decline, according to Permian producer Diamondback Energy. The warning didn't name President ...

Oil fields are just as quick to make fortunes as break them. The 1901 Spindletop gusher in Texas jumpstarted the petroleum ...

Diamondback Energy predicts that peak onshore crude oil production in the United States has been reached and will decline due ...