If you were a human little kid “back in the day,” there was no better snack than Cracker Jacks. Aside from its caramel-coated popcorn and peanuts, every box contained a prize. For Midland, Texas-based Permian Resources (PR), this year’s 1Q offered up the company’s latest batch of popcorn and peanut goodness in the form of Permian hydrocarbons, along with a prize in the form of a strategic acquisition that adds to their envious Delaware position....

Does anyone need to tell you this? High concentrations of off-spec gas in the New Mexico Permian are a royal pain in the arse for producers. On the other hand, it’s proving to be a gift that keeps giving for Delaware midstream operators building the specialized infrastructure to clean up this gas to make it safe and marketable....

You might say Will Gray II kicked off 2025 on a high note. A really high note. The co-founder and CEO of New Era Helium rang the NASDAQ opening bell on January 2 to all the fanfare that moment generates when you also become one of the first helium-focused companies to land a listing on a major U.S. exchange. ...