Permian Resources Corporation - Class A Common Stock (PR)
13.68
+0.05 (0.37%)
NYSE · Last Trade: Nov 18th, 1:46 AM EST
The American oil and gas industry is rewriting the rules of energy production, consistently shattering output records for both crude oil and natural gas even as the number of active drilling rigs continues its remarkable decline. This counterintuitive trend, particularly pronounced in the prolific Permian Basin, signals a profound shift
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Wall Street bounced back Wednesday after Tuesday's sharp selloff in AI-driven stocks, as investors bought the dip amid solid corporate earnings and growing signs that the Federal Reserve may be nearing another interest rate cut.
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In the second half of the year, the company expects to produce 12,000 barrels of oil equivalent per day (boepd) from the acquired assets.
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These high-yield dividend stocks all have growing earnings and buy ratings from Wall Street.
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Top performing large-cap stocks last week: RIVN, FTAI, VST, MBLY, EQNR, CEG, EC, PR, DVN, ARM. Do you have them in your portfolio?
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