Diamondback Energy’s Q1 2025 report signaled a clear shift in drilling strategy as the company responded to oil price volatility with calculated reductions in capital spending and activity levels. In the report, the company emphasized a disciplined approach:
The energy sector is facing a storm. Oil prices have plunged to levels not seen in years, dragging down energy stocks and forcing a strategic reassessment across the U.S. oil patch. As fears of oversupply collide with softening global demand, analysts warn that we may be entering a new era of volatility—one shaped as much by geopolitics as by economics.
As artificial intelligence becomes more embedded in our daily lives—from personalized recommendations on Netflix to near-instant search results on Google—the infrastructure powering it is undergoing a dramatic evolution. Behind every AI-powered feature lies a sprawling network of data centers, and the demand these centers place on our energy systems is growing at a staggering rate.
Canada’s long-awaited Trans Mountain Pipeline expansion is up and running — but not yet at full capacity. The $34B project (up from $4.5B) is moving ~790,000 bpd, with full capacity set at 890,000 bpd. Yet high tolls are raising concerns among producers, some of whom are pushing back through regulatory hearings this summer.
For the first time in three weeks, U.S. energy firms trimmed the number of active oil and gas rigs, signaling caution amid persistent price pressures and policy uncertainty.
Shell is reportedly exploring a blockbuster takeover of its British rival BP, according to a Bloomberg report citing sources close to the matter. While no formal bid has been made, Shell is said to be working with advisors and monitoring BP’s sliding stock performance before making a move.
In a rare move to the buy-side, EOG Resources has secured a strategic 30,000-net-acre block in Atascosa County, Texas, plugging a critical gap in its South Texas leasehold. The $275 million deal, believed to involve Arrow S Energy Operating, adds 120 new 3-mile-lateral drilling locations to EOG’s oily Eagle Ford inventory.
In a new white paper titled “What Remains: North American Upstream Inventory,” energy private equity firm Kimmeridge outlines which shale basins have the best runway for returns over the next 10 years—and why the spotlight is now turning to Canada.
ExxonMobil’s first-quarter 2025 results reveal a clear narrative: U.S. upstream growth, driven by “advantaged” assets like the Permian Basin, is central to the company’s long-term performance. The term “advantaged” is used repeatedly in the earnings release — not as corporate jargon, but as a meaningful lens into ExxonMobil’s capital allocation and earnings engine.
EOG Resources (NYSE: EOG) delivered a strong first quarter in 2025, demonstrating why it remains one of the most efficient and resilient operators in the U.S. upstream oil and gas sector. With U.S. production rising, foundational assets like the Eagle Ford Shale delivering steady performance, and capital discipline taking center stage, EOG is charting a confident course through a complex market environment.
