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 ...
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 ...
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 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 ...
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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 ...