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Devon Spends $2.6 Billion Expanding Delaware Basin Footprint

May 22, 2026 Clark Savage118

Devon Energy (NYSE: DVN) has secured a major expansion of its premier position in the Delaware Basin, acquiring 16,300 net undeveloped acres in the core of the play in Lea and Eddy Counties, New Mexico, for approximately $2.6 billion through a Bureau of Land Management (BLM) oil and gas lease sale. The deal, announced on […]

EOG Beats Q1 Estimates and Increases Oil Production Outlook

May 6, 2026 Clark Savage606

Houston, TX – May 6, 2026 – EOG Resources, Inc. (NYSE: EOG) delivered a strong beat on first-quarter 2026 estimates, posting adjusted earnings of $3.41 per share and revenue of $6.92 billion while exceeding production guidance midpoints across oil, NGLs, and natural gas. The company also raised its full-year 2026 oil and NGL production outlook […]

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Devon Spends $2.6 Billion Expanding Delaware Basin Footprint

EOG Beats Q1 Estimates and Increases Oil Production Outlook

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Tankers and Ships Going Dark to Transit the Strait of Hormuz

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