MIDLAND, Texas — The CEO of Diamondback Energy, Travis Stice, will be stepping down, according to a Diamondback Energy news release Thursday. Stice will remain as the executive chairman through ...
The transaction will be paid for with $3 billion in cash and 6.9 million Diamondback common shares, according to a statement. The company also plans to sell at least $1.5 billion of non-core assets.
The oil and natural gas company reached an agreement with Double Eagle in exchange for 6.9 million shares of its common stock and $3 billion in cash. As part of the agreement, Diamondback and ...
Consolidated liquidity is around $1.9 billion, with no material debt maturities until 2026. Because of its enviable Permian Basin acreage, Diamondback Energy is the lowest-cost producer in the ...
Diamondback to pay $3 billion in cash and 6.9 million in shares Plans to sell non-core assets for $1.5 billion to reduce debt Feb 18 (Reuters) - Diamondback Energy (FANG.O), opens new tab said on ...
Pre-earnings options volume in Diamondback Energy (FANG) is 1.6x normal with puts leading calls 3:2. Implied volatility suggests the market is anticipating a move near 3.9%, or $6.11, after ...
Diamondback Energy had a net margin of 33.64% and a return on equity of 13.68%. The firm had revenue of $3.71 billion during the quarter, compared to analysts’ expectations of $3.55 billion.
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