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.

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.

(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 ...

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 ...

Jaime Esparza leaves his role as U.S. Attorney for the Western District of Texas, Margaret Leachman will serve as the Acting ...

Former Sex Pistols frontman John Lydon has dismissed his bandmates’ decision to reform with Frank Carter on vocals, likening the whole endeavor to “karaoke”. News of a tour from the Sex Pistols ...

Rocky had a banner year of fame and glamor in the works that he can now freely embrace.

Rapper A$AP Rocky was found not guilty Tuesday of firing a handgun at a former friend on a Hollywood street in 2021.Los Angeles jurors deliberated for only about ...

When the warrant was executed, authorities said they found an AR-15-style rifle, a handgun, ammunition and a ballistic vest from the residence. Cherry has been charged with intimidation. He’s ...

TOLEDO, Ohio (WTVG/Gray News) - A truck driver rescued a lost little girl who was wandering along an Ohio highway on Valentine’s Day. Derek Flory was on a four-hour drive when he saw the young girl ...