FANG logo Diamondback Energy : FANG

FANG

Stock Data

$151.85

Change down

$1.15 (0.75%)

Asset Type

Common Stock

Exchange

NASDAQ

Currency

USD

Country

USA

Sector

ENERGY

Industry

OIL & GAS E&P

Diamondback Energy Inc is a key player in the energy sector, focusing on the extraction and development of oil and natural gas in the Permian Basin, primarily in West Texas. Founded in 2007 and based in Midland, Texas, the company zeroes in on significant formations like the Spraberry, Wolfcamp, and Bone Spring, leveraging its expertise to enhance production efficiency. Additionally, Diamondback Energy owns and operates essential midstream infrastructure, supporting its core exploration and production activities in one of the most prolific oil-producing regions in the United States.

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