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Few Permian Targets Remain After Diamondback’s Latest Deal

Diamondback Energy's buyout of Double Eagle could signal the winding down of the rapid consolidation of the Permian Basin over the last half decade.

Nasdaq · 3d

Diamondback Enters Into an Agreement to Expand Midland Basin Footprint

Diamondback Energy, Inc. FANG has secured key Midland Basin assets from Double Eagle IV Midco, LLC in a cash and stock deal. The deal enhances the company’s core holdings and positions it for ...

Business Insider · 3d

Diamondback Energy price target raised to $238 from $236 at Truist

Truist raised the firm’s price target on Diamondback Energy (FANG) to $238 from $236 and keeps a Buy rating on the shares. The company’s

Reuters on MSN · 4d

Diamondback Energy to expand in Permian basin with $4.08 billion deal

Diamondback Energy said on Tuesday it would buy certain units of EnCap Investments-backed energy producer Double Eagle for $4.08 billion in cash and stock, expanding its presence in the oil-rich U.S.

The Business Journals · 4d

Diamondback Energy to pay $4 billion for Permian assets from portfolio company of EnCap Investments

Diamondback's CEO called the acquisition "the most attractive asset remaining in the Midland Basin." Midland-based Diamondback Energy Inc. (Nasdaq: FANG) is buying Midland Basin assets from a portfolio company of Houston-based EnCap Investments LP in a deal worth over $4 billion.

Diamondback’s Stice to Step Down as CEO, Van’t Hof to Succeed

Diamondback CEO Travis Stice, who led the company through an IPO in 2012 and a $26 billion acquisition last year, will step ...

Diamondback Energy, Inc. Announces Leadership Transition Plan and Additional Updates to Executive Team and Board of Directors

Travis D. Stice to step down as Chief Executive Officer, effective as of the Company’s 2025 Annual Meeting of Stockholders; will remain as ...

Reuters2d

Diamondback Energy CEO Stice to step down, CFO Van't Hof to succeed

Feb 20 (Reuters) - Diamondback Energy said on Thursday CEO Travis Stice intends to step down from his role after 13 years at the helm during the company's 2025 annual stockholders meeting and will ...

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