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.

(Reuters) - 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 ...

As part of the agreement, Diamondback and Double Eagle have agreed to accelerate development on a portion of Diamondback’s non-core southern Midland Basin acreage.

MIDLAND, Texas, Feb. 18, 2025 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) ("Diamondback” or "the Company”) today announced that it has entered into a definitive purchase agreement to ...

Diamondback to acquire Double Eagle IV assets for $3 billion in cash plus 6.9M million shares. Deal adds 40,000 acres in Midland Basin, boosting 2026+ FCF by 5%+. Get real-time earnings alerts ...

Diamondback Energy plans to buy roughly 40,000 net acres in the Midland basin from Double Eagle IV Midco LLC for roughly US$4 billion, the Texas operator announced Tuesday. Diamondback will pay ...

Diamondback Energy will acquire units of Double Eagle Energy for $4.08 billion in a cash and stock deal. The acquisition includes 40,000 net acres in the Midland Basin and is considered one of the ...

Oil and gas company Diamondback Energy said on Tuesday it would buy certain units of EnCap-backed energy producer Double Eagle in a cash-and-stock deal for about $4.08 billion. The deal would give ...