Texas

Energy

ConocoPhillips Acquires Marathon Oil in $22 Billion Deal

Photo by Eli Pousson via CC0 1.0

The deal provides increased operations both outside of and within the highly desirably Permian Basin oil fields of Western Texas.

1 min read
Energy

Utility Stocks Surge on AI and Cloud Computing Boom

Photo by Oh Taeyeon via Unsplash

In an era when seemingly every tech company is vying to win the AI race, power has become the name of the game.

1 min read
Private Equity

Private Equity Group Dodges FTC Antitrust Lawsuit

Photo by Ipse Dixit via Unsplash

A US judge ruled Tuesday that private equity groups still have legal cover from lawsuits involving their portfolio companies.

2 min read
Energy

US Oil Industry Faces Wave of Antitrust Trouble

Photo by Maria Lupan via Unsplash

US shale producers are on the receiving end of a wild well of class-action lawsuits alleging anticompetitive behavior.

2 min read
Semiconductors

TSMC Lands Up to $11.6 Billion to Expand Arizona Chip Hub

Photo by Tyrone Siu via CC BY-SA 2.0

The Taiwanese chipmaker already had two factories in the works, and it’s getting some funds to build a third.

1 min read
Real Estate

Austin’s Housing Craze Is Starting to Cool Down

Photo by Irene Rego via Unsplash

Home prices in the Lone Star State’s capital have dropped 12% since 2022 — the largest decline of any US city.

1 min read
M&A

Occidental Petroleum Makes a Play for the Permian Basin

Photo by David Thielen via Unsplash

Occidental Petroleum, the oil giant in Berkshire Hathaway’s portfolio, announced it is acquiring CrownRock in a deal worth $12 billion.

1 min read
Energy

ExxonMobil Buys Pioneer in Massive $60 Billion Deal

(Photo by Pixabay on Pexels)

ExxonMobil announced it will purchase Pioneer Natural Resources for just under $60 billion, marking the largest oil-and-gas deal in decades.

2 min read