Diamondback Energy Inc

7DB

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

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