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U.S. drilling activity increased for the third consecutive week, with Texas adding the most rigs, according to Baker Hughes.

ConocoPhillips reported $2.31 billion in net income for Q4 2024, down from $3 billion for the same three-month period a year ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

Oil and gas exploration and production company ConocoPhillips (NYSE:COP) reported fourth-quarter and full-year 2024 earnings on Thursday, Feb. 6, that topped analysts' consensus estimates.

The average realized price fell 10% Y/Y to $52.37 per barrel of oil equivalent (BOE). ConocoPhillips’ preliminary 2024 ...

Conoco COP-0.37%decrease; red down pointing triangle Phillips said fourth-quarter net income declined alongside energy prices but the oil giant forecast production growth in 2025 while signaling a ...

U.S. drilling activity increased with the Permian Basin leading the surge, as Baker Hughes reports a rise in rig count for the first time in eight weeks.