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Few Permian Targets Remain

Hosted on MSN · 4d

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.

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.

Reuters on MSN · 4d

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.

4d

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 ...

3don 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 ...

Dallas Innovates3d

$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 ...

Midland Reporter-Telegram on MSN4d

Diamondback to buy Double Eagle IV subsidiaries in $4.1 billion deal

Diamondback Energy is set to buy Double Eagle IV Midco LLC subsidiaries for $4.1 billion, enhancing its Midland Basin assets.

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