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Diamondback Q1 Beats, Devon-Coterra Passes: Permian Scores Going Into Tuesday

Diamondback Q1 Beats, Devon-Coterra Passes: Permian Scores Going Into Tuesday

Diamondback Energy opened Q1 2026 earnings season with a clean beat Monday evening, and Devon Energy's merger vote with Coterra passed overwhelmingly. Tuesday's session opens with WTI holding near $100 as the upstream sector digests what both mean for operator spending in a market that keeps

WTI Breaks $107 as Devon-Coterra Vote Opens: The Week That Resets US Upstream

WTI Breaks $107 as Devon-Coterra Vote Opens: The Week That Resets US Upstream

WTI opens at $107.42 as Devon Energy and Coterra Energy shareholders vote on their all-stock merger. The frac sector discount to crude is running out of fundamental justification.

May Begins With WTI at $100: UAE Exits OPEC, Supermajors Report, Production Services Pivots

May Begins With WTI at $100: UAE Exits OPEC, Supermajors Report, Production Services Pivots

April closed with WTI at $99.89 and Brent above $113 — the first month since mid-2022 where crude held above $95 for the entire four weeks. That consistency is the story. Not a single spike, not a one-day event. A floor built on OPEC structural change, Hormuz premium, and an

Antero's Record Quarter, TETRA's Ten-Year High, and the XOM/CVX Earnings Morning

Antero's Record Quarter, TETRA's Ten-Year High, and the XOM/CVX Earnings Morning

Antero Resources posted record quarterly production Wednesday, and its CEO used the earnings release to explain exactly why Hormuz matters to Appalachian gas producers. The market has been slow to price the connection. That's the story for Thursday, April 30. WTI: $99.89/bbl | Brent: $113.89/bbl

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.

Iran Offers Hormuz Deal as Supermajor Earnings Week Begins

Iran Offers Hormuz Deal as Supermajor Earnings Week Begins

Iran offers to end Hormuz chokehold if US lifts naval blockade. Brent reported above $107. ExxonMobil and Chevron report Q1 Thursday. Matador CFO/COO swap filed.

Weekly Setup: $101 Brent, Mega-Major Earnings Thursday, Devon-Coterra Countdown

Weekly Setup: $101 Brent, Mega-Major Earnings Thursday, Devon-Coterra Countdown

The week opens with WTI at $96 and Brent back above the $100 handle, as two of the biggest market events in months land on this week's calendar. ExxonMobil and Chevron report Q1 2026 results Thursday. The Devon-Coterra shareholder vote fires next Monday, May 4. This is an