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4 Prominent Permian Basin Stocks Worth Keeping on Your Radar
CVXChevron(CVX) ZACKS·2025-03-31 14:10

EOG Resources holds a dominant position in the Delaware Basin, utilizing advanced drilling techniques to maximize well productivity and returns. In 2024, its Permian assets drove 3% oil production growth and an 8% increase in total volumes. By leveraging proprietary technology and self-sourced materials, EOG maintains a breakeven price in the low-$50s, ensuring consistent free cash flow and attractive shareholder returns. ExxonMobil has doubled its Permian production since 2019, further solidifying its pres ...