Diamondback Energy Inc

Company Profile

• Business description

  Diamondback is a crude oil and natural gas exploration and production firm whose operations represent a pure-play in the US Permian Basin. The company went public in 2012 and has established itself as a top-tier independent producer through disciplined acquisition and operational excellence. The company's most transformational transaction occurred in September 2024 with the completion of its $26 billion merger with Endeavor Energy Resources, which added around 470,000 net acres and doubled Diamondback's total acreage position. Diamondback boasts an enviable position in the Midland subbasin, with some of the lowest unit costs among its Permian peers.

• Contact

  500 West Texas Avenue
  Suite 100
  MidlandTX79701
  USA

  T: +1 432 221-7400

  E: [email protected]

  https://www.diamondbackenergy.com

• Sector

  Energy

  Stock type

  Sensitive

• Industry

  Oil & Gas E&P

  Fiscal Year End

  31 December 2026

  Employees

  1,762