Diamondback Energy (FANG)

Common Shares
Sell: $159.00|Buy: $163.95|Change: 0.88 (0.54%)

Company profile

Diamondback is a crude oil and natural gas exploration and production firm whose operations represent a pure-play in the US Permian Basin. The company went public in 2012 and has established itself as a top-tier independent producer through disciplined acquisition and operational excellence. The company's most transformational transaction occurred in September 2024 with the completion of its $26 billion merger with Endeavor Energy Resources, which added around 470,000 net acres and doubled Diamondback's total acreage position. Diamondback boasts an enviable position in the Midland sub-basin, with some of the lowest unit costs among its Permian peers.

Address

500 West Texas Avenue
Suite 1200
Midland
TX
USA
79701


Telephone

+1 432 2217400


Sector 

Energy


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