Permian Basin-focused Diamondback Energy emerged as the region’s reigning independent producer giant a year ago following its $26 billion buyout of privately-held Endeavor Energy Resources.

Diamondback's cash operating costs for the third quarter of 2024 were $11.49 per BOE, including lease operating expenses ("LOE") of $6.01 per BOE, cash general and administrative ("G&A") expenses ...

Viper Energy will acquire Sitio Royalties for $4.1 billion in an all-stock deal combining the two biggest minerals and royalties players in the oil and gas sector. The June 3 industry shakeup ...

Diamondback Energy Inc. will expand in the Permian Basin after agreeing to acquire subsidiaries of closely held Double Eagle IV Midco LLC for about $4.1 billion, a significant asset boost for the ...

Despite beating Q1 2025 adjusted EPS estimates with $4.54 and reporting revenue of $4.05 billion on May 5, Diamondback’s shares fell marginally the next day due to a lowered 2025 production ...

Diamondback Energy is poised for growth due to rising natural gas demand from large-scale data centers and the growing need for LNG cargoes for the EU gas reserve. Strategic M&A activities ...

Diamondback Energy FANG2.26%increase; green up pointing triangle agreed to acquire certain subsidiaries of Double Eagle and accelerate development of the Midland Basin, confirming a prior report ...

Diamondback, Halliburton, and VoltaGrid partner to deploy advanced electric simul-frac fleets in the Permian Basin. Collaboration integrates low-carbon technologies to enhance reliability ...

Feb 14 (Reuters) - Diamondback Energy (FANG.O), opens new tab is in talks to buy EnCap-backed Double Eagle, a big West Texas energy producer, for more than $5 billion, a person familiar with the ...

Viper is the publicly traded minerals subsidiary of Midland, Texas-based Diamondback Energy (ranked 383 in the Fortune 500), which continues to rapidly expand as the largest Permian oil and gas ...