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HomeDiamondback

Diamondback

Climate Crisis

Saudi Price Rise Amid OPEC+ Surge

May 8, 2025 Mariel Alumit

Daily Standup Top Stories Why did Saudi Arabia raise prices to the Asia market while increasing OPEC+ production quotas? May 7, 2025 Clark Savage Earlier this week, I published an article titled “What does the OPEC+ increase […]

Downstream

Saudi Deficit & US Oil Cuts: What’s Next for Prices?

May 7, 2025 Andy Del Prado

Daily Standup Top Stories Saudi Arabia’s Budget Deficit Surged Before the Oil Price Crash May 6, 2025 Clark Savage ENB Pub Note: The story below is from Tsvetana Paraskova on Oilprice.com, and she has some great […]

Crude Oil News

Peak Shale May Be Here Says Diamondback CEO

May 6, 2025 Clark Savage

Before oil prices started plunging last month, most banks and research firms had forecast US shale production would grow this year and next before plateauing later in the decade. Diamondback Energy trimmed its own full-year […]

Climate Crisis

Charting U.S. Oil Future

February 24, 2025 Andy Del Prado

Daily Standup Top Stories Redrawing of global energy markets map set to heap benefits on US February 23, 2025 Clark Savage The prospects of peace and the return of Russian gas looks likely to serve the […]

Climate Crisis

Russia Sanctions Shift

February 20, 2025 Andy Del Prado

Daily Standup Top Stories Iranian Oil Exports to China are rolling February 19, 2025 Clark Savage Iranian crude oil flows to China have rebounded this month after a U.S. crackdown on shipments launched in late 2024 […]

Diamondback Energy
Finance

Diamondback Energy to expand in Permian basin with $4.08 billion deal

February 19, 2025 Mariel Alumit

Feb 18 (Reuters) – Diamondback Energy (FANG.O) said on Tuesday it would buy certain units of EnCap Investments-backed energy producer Double Eagle for $4.08 billion in cash and stock, expanding its presence in the oil-rich […]

Diamondback Energy - Energy News Beat
Crude Oil News

Diamondback Boosts Midland Basin Presence With $4-Billion Acquisition

February 19, 2025 Clark Savage

Diamondback Energy, Inc. (NASDAQ: FANG) on Tuesday announced a deal to buy Double Eagle IV Midco in an acquisition valued at about $4 billion, which gives the buyer increased presence in the Midland Basin in the top-oil […]

Diamondback Energy
Earnings

Diamondback Energy, Inc. Announces First Quarter 2024 Financial and Operating Results

May 1, 2024 Mariel Alumit

MIDLAND, Texas, April 30, 2024 (GLOBE NEWSWIRE) — Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or the “Company”) today announced financial and operating results for the first quarter ended March 31, 2024. FIRST QUARTER 2024 HIGHLIGHTS […]

Crude Oil News

Deal Spotlight Episode #5: Chord + Enerplus and the Quest for 3-mile Lateral Locations

April 10, 2024 Michael Tanner

Bakken consolidation is here! Pumped to be back for this latest Deal Spotlight covering Chord + Enerplus.  This deal makes sense in lots of ways: acreage, development timelines etc… One of the things quoted many […]

Diamondback
Big Oil Companies

Diamondback Sells $5.5B of Bonds for Endeavor Deal

April 10, 2024 Mariel Alumit

Diamondback Energy Inc. borrowed $5.5 billion in the US investment-grade market to partly help fund its $26 billion takeover of Endeavor Energy Resources LP, joining other blue-chip companies capitalizing on robust investor demand to bring […]

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