Two Fort Worth energy entrepreneurs sold one of the largest remaining large energy assets in productive West Texas.

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Diamondback Energy plans to purchase Double Eagle IV, a Fort Worth-based firm whose founders are Texas Tech philanthropists.

Diamondback Energy has agreed to acquire certain subsidiaries of Double Eagle IV Midco for 6.9 million shares and $3 billion ...

A West Texas energy company led by notable Texas Tech alumni has struck a deal worth $4.08 billion with Diamondback Energy.

The firm’s cost advantage is underpinned by a long runway of drilling opportunities in low-cost areas. It operates exclusively in the Permian Basin, which is the cheapest source of crude oil in the US ...

The Kropotkinskaya facility of the Caspian Pipeline Consortium--which transports oil from Kazakhstan's Tengiz field to the Russian Black Sea port of Novorossiysk, where tankers are loaded for global ...

Diamondback Energy (FANG) has sealed a $4 billion deal to buy subsidiaries of West Texas based oil group Double ...

Oil prices climbed on Tuesday morning following a drone attack on a key Russian pipeline, but the potential of Russian crude ...

Oil and gas company Diamondback Energy said on Tuesday it would buy certain units of Texas-based energy producer Double Eagle ...

FANG is in talks to acquire Double Eagle for over $5 billion, aiming to expand its presence in the Permian Basin.

Oil and gas company Diamondback Energy said on Tuesday it would buy certain units of EnCap-backed energy producer Double ...