Permian Basin

Goldman Sachs raises oil price forecasts to $80-$100/barrel for 2026, naming seven energy stocks as winners positioned to benefit from higher crude prices and strong cash flow generation.

Oil prices above $100 spark renewed interest in energy stocks. ExxonMobil, Schlumberger, and Enterprise Products Partners emerge as compelling opportunities amid geopolitical tensions.

Atlas Energy Solutions pivots from proppant supplier to AI power provider, signing $840M deal with Caterpillar to build 2 gigawatts of capacity by 2030.

Oil approaches $100/barrel amid Middle East tensions. Diamondback Energy and Valero Energy positioned to benefit from elevated prices and widened refining margins.

Chevron and Diamondback Energy offer contrasting dividend strategies as oil prices surge. Chevron provides stable 3.6% yield with 39-year dividend growth; Diamondback offers upside leverage to high oil prices.

Permian Basin Royalty Trust cuts March distribution to $0.010662 per unit due to lower oil volumes and prices. Waddell Ranch properties remain unprofitable.

Viper Energy distributed $131M to shareholders in Q4 while major fund Webs Creek trimmed its $48.2M stake, reflecting sector complexity despite strong returns.

Oil prices hit $88 per barrel amid Iran tensions. Devon Energy and Diamondback Energy offer compelling long-term value with sub-$50 break-even costs and strong dividends.

Epsilon Energy ($EPSN) declares $0.0625 quarterly dividend, announces March 24 earnings release and investor call following strong operational performance.

$OXY surges near 52-week highs as Middle East tensions push crude above $77-85/barrel. Debt reduction and 8% dividend boost support upside thesis.

Viper Energy announces $17.4M secondary stock offering by major shareholders Diamondback Energy, EnCap, and Oaktree, with Viper purchasing 1M operating units simultaneously.

Delek Logistics hit record $536M EBITDA in 2025, boosted acquisitions and infrastructure expansion. Company raised distributions for 52nd consecutive quarter while diversifying revenue away from sponsor.

TPL stock rose on analyst upgrade recognizing power generation opportunity. KeyBanc raised price target to $639, citing AI data center infrastructure potential on Permian Basin lands.

Occidental Petroleum beat Q4 earnings estimates on operational efficiency, generating $1B in free cash flow. Plans additional cost cuts and 8% dividend increase for 2026.

Occidental Petroleum sold OxyChem to Berkshire Hathaway for $9.7B, reducing debt to $15B and raising its dividend by 8%.

ConocoPhillips projects nearly double free cash flow by 2029 through diversified global projects, while Diamondback's Permian-focused strategy lacks similar growth visibility without higher oil prices.