What Does 2024 Hold For The Permian Basin Following Moves By Warren Buffett And Exxon?

What Does 2024 Hold For The Permian Basin Following Moves By Warren Buffett And Exxon?

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Energy industry consolidation ramped up at the tail-end of 2023, lending a rising sense of urgency to ownership of U.S. shale oil supplies. Exxon Mobil (XOM) and Warren Buffett-backed Chevron (CVX) and Occidental Petroleum (OXY) all made hefty acquisitions to shore up production, primarily in the…

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