FANG · Diamondback Energy, Inc.

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.