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Diamondback, Double Eagle

Bloomberg L.P. · 2d

Diamondback Expands Again With $4.1 Billion for Double Eagle

Diamondback Energy Inc. will expand in the Permian Basin after agreeing to acquire subsidiaries of closely held Double Eagle IV Midco LLC for about $4.1 billion, a significant asset boost for the top independent oil producer in North America’s most prolific shale patch.

The Wall Street Journal on MSN · 2d

Diamondback Energy to Acquire Double Eagle

The oil and natural gas company reached an agreement with Double Eagle in exchange for 6.9 million shares of its common stock and $3 billion in cash.

GlobalData on MSN · 1d

Diamondback Energy plans to acquire Double Eagle IV subsidiaries for $3bn

Diamondback Energy has announced a definitive agreement to acquire subsidiaries of Double Eagle IV Midco, marking an expansion in the Midland Basin, US. The assets being acquired encompass around 40,000 net acres in the Midland Basin's core and are expected to produce 27,

1d

Few Permian Targets Remain After Diamondback’s Latest Deal

Diamondback Energy's buyout of Double Eagle could signal the winding down of the rapid consolidation of the Permian Basin ...

2d

Diamondback Energy to pay $4 billion for Permian assets from portfolio company of EnCap Investments

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Dallas Innovates1d

$4B+ Deal: Fort Worth’s Double Eagle Sells Oil & Gas Assets to Diamondback Energy for $3B Cash, 6.9M Shares

Here's an oil & gas deal so big, it would even raise eyebrows on the hit Paramount+ series "Landman." The acquisition by ...

1d

Diamondback Energy price target raised to $238 from $236 at Truist

Truist raised the firm’s price target on Diamondback Energy (FANG) to $238 from $236 and keeps a Buy rating on the shares. The company’s ...

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