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home / news releases / XOM - Should investors worry about the Permian Basin's depletion now?

XOM - Should investors worry about the Permian Basin's depletion now?

Exxon Mobil Corporation

2024-02-12 12:02:56 ET

Diamondback Energy’s ( NASDAQ: FANG ) deal to buy privately held Endeavor Energy Partners highlights an M&A rush that has taken place lately in the Permian Basin, a key production area in Texas. The flurry of recent activity has raised some eyebrows regarding remaining reserves in the region. Are these concerns justified?...

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Should investors worry about the Permian Basin’s depletion now?
Stock Information
Company Name: Exxon Mobil Corporation
Stock Symbol: XOM
Market: NYSE
Website: exxonmobil.com
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