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WTI Gives Back $10 on the Week: What the Rig Count Says About Operator Conviction at $95

WTI Gives Back $10 on the Week: What the Rig Count Says About Operator Conviction at $95

WTI lost nearly $10 on the week as US-Iran signals kept markets off-balance. Baker Hughes data shows operators added 2 oil rigs anyway. CIR reads Friday's numbers.

Permian Basin drilling rig at sunset

APA Corporation Q1 2026: The Pivot Is Working — FCF, Deleveraging, and a US Oil Beat at $109 WTI

Production Services at $109 WTI: RPC's Margin Squeeze and Why Newpark Left the Building

Production Services at $109 WTI: RPC's Margin Squeeze and Why Newpark Left the Building

SLB's Margin Problem and Liberty's $505 Million Power Bet: OFS Repricing at $95 WTI

SLB's Margin Problem and Liberty's $505 Million Power Bet: OFS Repricing at $95 WTI

Week in Review: Devon-Coterra Closes, WTI Retreats From $110

Week in Review: Devon-Coterra Closes, WTI Retreats From $110

Devon-Coterra closed May 7, creating the largest Delaware Basin operator. WTI ran to $110 before pulling back to $95. Friday's brief: the week in review, the price reset, and what comes next.

Devon-Coterra Is Closed, Permian Resources Is Investment Grade, and WTI Holds $109

Devon-Coterra Is Closed, Permian Resources Is Investment Grade, and WTI Holds $109

Devon Energy's 8-K landed in EDGAR Thursday afternoon: a two-page Item 2.01 filing confirming the merger with Coterra Energy is done. Coterra shareholders received 0.70 shares of Devon for every share held, and the combined company began trading as a unified entity before Thursday&

Permian Resources Q1 2026: Cost Machine Hits Investment Grade, $513M Free Cash Flow

Permian Resources Q1 2026: Cost Machine Hits Investment Grade, $513M Free Cash Flow