Diamondback Energy focuses on the Permian Basin for strong returns. Learn why FANG stock’s solid guidance and low debt make ...
With a market cap of $44.3 billion, Diamondback Energy, Inc. (FANG) is an independent oil and natural gas exploration and ...
On Feb. 18, 2025, Diamondback announced the acquisition of $4 billion in assets from Double Eagle IV Midco, LLC. The purchase price was $3 billion in cash and 6.9 million shares of Diamondback stock.
LLC (“Double Eagle”) in exchange for approximately 6.9 million shares of Diamondback common stock and $3 billion of cash, subject to customary adjustments (the “Double Eagle Acquisition”).
(“Diamondback” or the “Company”) today announced financial and operating results for the fourth quarter and full year ended December 31, 2024. Average production of 475.9 MBO/d (883.4 ...
the company said it has entered into a definitive purchase agreement to acquire certain subsidiaries of Double Eagle IV Midco LLC in exchange for approximately 6.9 million shares of Diamondback ...
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 ...
Digging into valuation, Diamondback Energy currently has a Forward P/E ratio of 9.21. This signifies a premium in comparison to the average Forward P/E of 8.1 for its industry. Meanwhile ...
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 ...
In a news release, Diamondback Energy said it will pay 6.9 million shares of Diamondback common stock and $3 billion of cash for Double Eagle's assets. Diamondback said the deal would give access ...