5 days ago · 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 acquire certain subsidiaries of Double Eagle IV Midco, LLC (“Double Eagle”) in exchange for approximately 6.9 million shares of ...

Double Eagle IV Acreage Map Double Eagle IV Diamondback Acquisition Overview Key Metrics Net Acres ~40,000 2025 Net Production(1) ~27 MBo/d (69% oil) Estimated Horizontal Locations(2) 407 Gross / 342 Net Average Lateral Length >11,000’ Estimated Close(3) 4/1/2025

4 days ago · -- Diamondback Energy Acquires Certain Midland Basin Entities from Double Eagle --FORT WORTH, Texas, February 18, 2025--(BUSINESS WIRE)--Double Eagle IV Midco, LLC ("Double Eagle") today announced ...

4 days ago · Diamondback Energy has signed a definitive purchase agreement to buy certain subsidiaries of Double Eagle IV Midco, LLC in exchange for approximately 6.9 million shares of Diamondback common stock ...

4 days ago · Diamondback Energy Inc. will expand in the Permian Basin after agreeing to acquire subsidiaries of closely held Double Eagle IV Midco LLC for about $4.1 billion, a significant asset boost for the ...

Diamondback Energy FANG 2.23% increase; green up pointing triangle agreed to acquire certain subsidiaries of Double Eagle and accelerate development of the Midland Basin, confirming a prior report ...

4 days ago · 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 ...

5 days ago · Diamondback Energy (FANG) has agreed to acquire Permian producer Double Eagle IV for approximately 6.9 million shares of Diamondback and $3 billion in cash, according to a Feb. 18 press release. Earlier talks about the deal had valued EncCap Investments-backed Double Eagle at over $5 billion, The Wall Street Journal reported Feb. 14.FANG shares closed Feb. 14 at $156.99 per share.

4 days ago · A West Texas energy company led by notable Texas Tech alumni has struck a deal worth $4.08 billion with Diamondback Energy. ... Campbell is the co-CEO and co-founder of Double Eagle Energy ...

4 days ago · LUBBOCK, Texas (KCBD) - Texas energy company Double Eagle announced Tuesday it plans to sell subsidiaries to Midland-based Diamondback Energy in a deal worth $4.1 billion, pending regulatory approval. Double Eagle, with headquarters in Fort Worth, is led by Texas Tech alumni Cody Campbell and John Sellers.