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

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

Wall Street analysts forecast that Permian Resources (PR) will report quarterly earnings of $0.44 per share in its upcoming release, pointing to a year-over-year increase of 4.8%. It is anticipated ...

Diamondback Energy predicts that peak onshore crude oil production in the United States has been reached and will decline due to reduced drilling activity prompted by lower oil prices.

The Q1 equity market saw a sharp rotation from growth to value stocks, driven by policy uncertainty and the DeepSeek AI model ...

Coterra Energy (CTRA) stock fell 1.5% in extended trading on Monday after the oil and gas producer missed first-quarter ...

U.S. shale producer Coterra Energy reported a rise in first-quarter profit on Monday but said it would lower its annual ...

U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil.

On Monday, global crude prices sank after OPEC+ agreed over the weekend to surge production for a second month, adding to ...

Midland-Odessa faces severe storms Monday with threats of large hail, damaging winds, tornadoes and flash flooding, according ...

Atlas Energy Solutions Inc.’s AESI share price has dipped by 6.43%, which has investors questioning if this is right time to buy.

Odessa College extends its deepest appreciation to the voters of Ector County who participated in the May 3rd election and made their voices heard on the proposed $325 million bond to fund critical ...