The Permian Basin remains the engine of U.S. energy growth — and Targa Resources is making sure its midstream network keeps pace. In its Q2 2025 earnings call, Targa painted a picture of an operator running flat-out: record gas volumes, multiple plant projects ahead of schedule, and an aggressive buildout of gathering and takeaway infrastructure.
GulfTex Energy is a privately held oil & gas exploration, production, and development company based in San Antonio, Texas.
In today’s oil and gas industry, drilling efficiency, wellbore placement accuracy, and equipment longevity are critical drivers of profitability. One of the most significant technological shifts helping operators achieve these goals is the adoption of high-frequency sensing or control in drilling operations.
In its Q2 2025 earnings call, Devon Energy showcased how artificial intelligence (AI) is no longer just a back-office tool — it’s embedded deep in the company’s drilling and completions strategy. The results are tangible: double-digit cost reductions, faster execution, and stronger well economics across key basins.
AI is already reshaping the tech job market and is poised to do the same in oil & gas. For Oxy and other forward-looking operators, the challenge will be to balance efficiency gains with workforce evolution, ensuring the industry remains both competitive and people-powered in the AI era.
Occidental Petroleum’s Q2 2025 earnings call showcased a company hitting its stride in Permian Basin drilling and completions. Even with softer oil prices, Oxy drove significant cost reductions, accelerated drilling cycles, and maintained production guidance—all while high-grading its portfolio and advancing AI-driven operational strategies.
Energy Transfer (NYSE: ET) is executing one of the most aggressive infrastructure buildouts in the U.S. midstream sector, combining record production growth in the Permian Basin with strategic pipeline, processing, and export expansions. Backed by a fee-based business model and a nearly 8,200-mile Texas pipeline permit, the company is building for both immediate market demand and decades of stable cash flow.
ConocoPhillips (NYSE: COP) released its Q2 2025 results, highlighting strategic execution, strong cash generation, and accelerating drilling activity across its U.S. shale portfolio following the Marathon Oil acquisition.
EOG Resources (NYSE: EOG) has released its Q2 2025 results, reinforcing its reputation for operational efficiency and financial discipline while accelerating drilling activity across its U.S. shale portfolio.
Vital Energy’s second-quarter 2025 results paint a picture of a company strategically optimizing its Permian Basin operations. Despite reporting a net loss of $582.6 million—driven largely by a non-cash $427 million impairment and $238 million tax valuation allowance—the company posted strong operational performance and continued capital discipline.
