News

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
Chevron resumed at Overweight at Morgan Stanley, saying the closing of the Hess deal removes a key overhang and strengthens ...
Exxon Mobil aims to grow earnings by $20B and cash flow by $30B by 2030, excluding M&A, under flat commodity prices. The ...
Chevron’s Hess deal boosts growth potential with Guyana assets, strong Permian output, and cost synergies despite oil risks.
Dealmakers are known to be an optimistic bunch, perennially citing “green shoots,” or banker lingo for early-stage deals in ...
The conclusion of the saga removes a stock overhang for Chevron and paved the way for the $53 billion deal to close immediately.
CEO Mike Wirth is overhauling the oil giant’s ‘nice’ corporate culture, getting tougher not just on his employees but also on ...
Chevron's Q2 2025 earnings call highlights record Permian production, Hess merger synergies, and $12.5B free cash flow guidance for 2026.
Lower crude prices dented profits at ExxonMobil and Chevron as the companies signaled Friday they are moving past a legal ...
Rather than jockeying for an advantage in their weakened state, the two longtime rivals are set to work together more and ...
Chief executive Mike Wirth applauds company's 'continued strong execution, record production, and exceptional cash generation ...
Exxon Mobil CEO Darren Woods said the oil giant is looking for acquisition opportunities in the oil-and-gas space after losing its challenge to Chevron's $53 billion deal to buy Hess. The accelerating ...