Diamondback Energy, Inc. is an independent oil and gas company, which is focused on the acquisition, development, exploration and exploitation of unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas. The Company operates through two segments. The upstream segment is engaged in the acquisition, development, exploration and exploitation of unconventional, onshore oil and natural gas reserves primarily in the Permian Basin in West Texas. The midstream operations segment is focused on owning, operating, developing and acquiring midstream infrastructure assets in the Midland and Delaware Basins of the Permian Basin. Its total acreage position in the Permian Basin is approximately 524,700 acres, which consisted primarily of approximately 292,903 acres in the Midland Basin and approximately 189,357 acres in the Delaware Basin. Its subsidiaries include Diamondback E&P LLC, Viper Energy Partners GP LLC, Rattler Midstream GP LLC and QEP Resources, Inc.
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GlobeNewsWire • 2 days ago • FANGDiamondback Energy, Inc. Schedules Third Quarter 2023 Conference Call for November 7, 2023
Zacks Investment Research • 11 days ago • FANGDiamondback (FANG) and Five Point Energy LLC Join Forces
The Motley Fool • 11 days ago • FANG3 Bargain-Basement Stocks to Buy With No Hesitation
Reuters • 12 days ago • FANGDiamondback, Five Point Energy form water management joint venture
Market Watch • 12 days ago • FANGDiamondback Energy forms water infrastructure platform with Five Point Energy
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