Profile data is unavailable for this security.
About the company
Diamondback Energy, Inc. is an independent oil and natural gas company. The Company operates in two segments, which include the upstream segment and the midstream operations segment. 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. The Company has approximately 542,242 net acres, which primarily consisted of approximately 264,777 net acres in the Midland Basin and 149,309 net acres in the Delaware Basin. Its upstream segment activities are primarily directed at the horizontal development of the Wolfcamp and Spraberry formations in the Midland Basin and the Wolfcamp and Bone Spring formations in the Delaware Basin within the Permian Basin.
- Revenue in USD (TTM)5.54bn
- Net income in USD441.00m
- LocationDiamondback Energy Inc500 WEST TEXAS, SUITE 1200MIDLAND 79701United StatesUSA
- Phone+1 (405) 463-6900
- Fax+1 (302) 636-5454
Mergers & acquisitions
|Acquired company||Deal status||Date||Date /|
|FANG:NSQ since |
|QEP Resources Inc||Deal completed||21 Dec 2020||21 Dec 2020Deal completed||133.64%||2.18bn|
|Guidon Operating LLC-Northern Midland Basin Assets||Deal completed||21 Dec 2020||21 Dec 2020Deal completed||133.64%||862.28m|