MPLX to secure full control of BANGL pipeline in $715m deal

Pallavi Madhiraju- February 28, 2025 0

MPLX LP has entered into a definitive agreement to acquire the remaining 55% interest in BANGL, LLC from affiliates of WhiteWater and Diamondback Energy for ... Read More

APA Corporation reports strong 2024 earnings with strategic growth plans for 2025

Pallavi Madhiraju- February 27, 2025 0

APA Corporation concluded 2024 with robust financial results, reflecting strong operational execution and strategic portfolio enhancements. The company reported a full-year net income of $804 ... Read More

Targa Resources reports record Q4 2024 earnings as Permian expansion fuels growth

Pallavi Madhiraju- February 21, 2025 0

Targa Resources Corp. has delivered a record-breaking financial performance in the fourth quarter of 2024, reflecting the company’s strategic expansion in natural gas and NGL ... Read More

Massive oil deal: Diamondback Energy announces game-changing Midland Basin acquisition

Pallavi Madhiraju- February 19, 2025 0

Diamondback Energy, Inc. has announced a major acquisition that will significantly expand its footprint in the Midland Basin, further consolidating its position as one of ... Read More

Occidental strengthens financial position with $4.5bn debt repayment and $1.2bn asset sales

Pallavi Madhiraju- February 19, 2025 0

Occidental (NYSE: OXY) has made significant strides in its financial restructuring strategy, reaching its near-term debt repayment target of $4.5 billion in the fourth quarter ... Read More

ConocoPhillips reports $2.3bn Q4 2024 profit as Marathon Oil acquisition reshapes growth strategy

Pallavi Madhiraju- February 7, 2025 0

ConocoPhillips has announced its fourth-quarter and full-year 2024 financial results, showcasing a strategic shift driven by the recent acquisition of Marathon Oil. Despite facing headwinds ... Read More

Chevron reports $3.2bn in Q4 2024 earnings as oil production growth accelerates

Pallavi Madhiraju- February 2, 2025 0

Chevron Corporation (NYSE: CVX) delivered strong fourth-quarter 2024 earnings of $3.2 billion, showcasing the resilience of its upstream operations despite challenges in refining margins. The ... Read More

Viper Energy to expand with acquisition of Diamondback Energy’s mineral and royalty assets

Pallavi Madhiraju- February 2, 2025 0

Viper Energy, Inc. (NASDAQ: VNOM), a subsidiary of Diamondback Energy, Inc. (NASDAQ: FANG), has announced a transformative acquisition of mineral and royalty interests from its ... Read More

Diversified Energy’s $1.27bn acquisition of Maverick Natural Resources: A strategic expansion into liquids-rich assets

Pallavi Madhiraju- January 29, 2025 0

Diversified Energy Company PLC (LSE: DEC; NYSE: DEC) has announced the acquisition of Maverick Natural Resources, a portfolio company of EIG, in a transaction valued ... Read More

Coterra Energy completes $3.95bn Permian Basin acquisitions to bolster U.S. oil output

Pallavi Madhiraju- January 28, 2025 0

Coterra Energy Inc. has finalized its $3.95 billion acquisitions of key assets from Franklin Mountain Energy and Avant Natural Resources, significantly expanding its footprint in ... Read More

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