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.
Diamondback Energy to pay $4 billion for Permian assets from portfolio company of EnCap Investments
The website you are visiting is protected and accelerated by Incapsula. Your computer may have been infected by malware and therefore flagged by the Incapsula network. Incapsula displays this page for you to verify that an actual human is the source of the traffic to this site, and not malicious software.
Diamondback Energy intends to acquire subsidiaries of Double Eagle IV Midco for approximately 6.9 million shares of its common stock and $3 billion in cash.
In a report released today, Leo Mariani from Roth MKM maintained a Buy rating on Diamondback (FANG – Research Report), with a price target of ...
Barchart on MSN1d
Diamondback Energy Stock: Analyst Estimates & RatingsDiamondback Energy, Inc. (FANG), headquartered in Midland, Texas, operates as an independent oil and natural gas company.
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback