Sign in Subscribe

drilling

Oil field among barren rock formations — West Texas Permian Basin

Devon Q1 2026: Merger-Ready Results as Delaware Basin Close Looms Tomorrow

Devon Energy Q1 2026: 387,000 bbl/d oil at the top of guidance, $816M free cash flow, and Coterra merger closing tomorrow. Plus: RBL redeterminations, drilling contractor capital discipline at $100 WTI.

Drillers at the Supermajor Inflection: H&P, PTEN, and Nabors Ahead of XOM/CVX Thursday

Drillers at the Supermajor Inflection: H&P, PTEN, and Nabors Ahead of XOM/CVX Thursday

HP | NYSE | PTEN | NASDAQ | NBR | NYSE | Source data: Q1 2026 earnings releases, SEC 8-K filings, company investor presentations The three major U.S. contract drillers reported their first quarters before XOM and CVX walk to the podium Thursday morning. What the numbers say isn't complicated: rig counts

Goldman's $120 Call: What Sustained $100 Brent Means for Upstream Capital

Goldman's $120 Call: What Sustained $100 Brent Means for Upstream Capital

Goldman Sachs warns oil could hit $120 if the Iran conflict extends through summer — and the timing lands squarely in semi-annual RBL redetermination season for upstream lenders.