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Few Permian Targets Remain

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 over the last half decade.

invezz on MSN · 1d

Diamondback expands Permian Basin footprint with $4B Double Eagle deal

Diamondback Energy, a major player in the shale oil industry, has announced its acquisition of certain units of Double Eagle Energy. The deal, valued at approximately $4.08 billion, will be settled through a combination of cash and stock.

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Diamondback Energy to expand in Permian basin with $4.08 billion deal

Diamondback Energy said on Tuesday it would buy certain units of EnCap Investments-backed energy producer Double Eagle for $4.08 billion in cash and stock, expanding its presence in the oil-rich U.S.

6hon MSN

This Top Oil Stock Makes Another Big Move to Bolster Its Position Against Rivals ExxonMobil and Occidental Petroleum

Diamondback Energy has agreed to acquire certain subsidiaries of Double Eagle IV Midco for 6.9 million shares and $3 billion ...

12don MSN

Falcons loading up with local talent for the 2025 season

The University of Texas Permian Basin football team’s focus heading into the 2025 season is to recruit top talent from around ...

Midland Reporter-Telegram on MSN4d

Permian Basin water conference to tackle key industry challenges

Permian Basin Water in Energy Conference in Midland will focus on water issues, technology, and research advancements.

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