The company, which also has assets in the Marcellus, has an integrated approach that includes upstream, midstream, power generation and carbon capture business lines.
Diamondback, Marathon Oil and Devon have dominated second-half M&A thanks to higher EBITDA multiples and yields than smaller E&P competitors can offer.
Diamondback Energy’s president and CFO, Kaes Van’t Hof, spoke to Hart Energy about the return of the “mythical generalist investor” plus what’s next for the Permian company after closing its recent $1.6 billion acquisition.
"I think when companies make more profits, they expect to pay more taxes, and that's exactly what we are doing," BP U.K. head Louise Kingham said at the Reuters Energy Transition Europe 2022 event.
Baker Botts shared how going private could be better for E&P companies that don’t want to disclose ESG metrics with investors, consumers and the U.S. Securities and Exchange Commission.
Shares drop following reports that U.S. hedge fund Muddy Waters had taken a short position on the Alaska-focused E&P company.
Saudi Arabia's Public Investment Fund will anchor BlackRock's Middle East infrastructure strategy as the world's biggest fund manager.
Diamondback Energy has targeted $500 million of noncore asset sales in the Permian Basin in connection with its $1.6 billion FireBird acquisition last month.
As Europe’s fifth biggest IPO of the year began trading, Ithaca Energy’s shares fell as much as 11.6% below their 250 pence issue price, touching a low of 221 pence shortly after midday.
Kimbell Royalty Partners purchased Midland and Delaware basin assets in the Permian from Hatch Royalty for $290 million.