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 sub-basin, 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