Diamondback Energy, Inc., an independent oil and natural gas company, focuses on the acquisition, development, exploration, and exploitation of unconventional and onshore oil and natural gas reserves in the Permian Basin in West Texas. It focuses on the development of the Spraberry and Wolfcamp formations of the Midland basin; and the Wolfcamp and Bone Spring formations of the Delaware basin, which are part of the Permian Basin in West Texas and New Mexico. As of December 31, 2021, the company's total acreage position was approximately 524,700 gross acres in the Permian Basin; and estimated proved oil and natural gas reserves were 1,788,991 thousand barrels of crude oil equivalent. It also held working interests in 5,289 gross producing wells, as well as royalty interests in 6,455 additional wells. In addition, the company owns mineral interests approximately 930,871 gross acres and 27,027 net royalty acres in the Permian Basin and Eagle Ford Shale; and owns, operates, develops, and acquires midstream infrastructure assets, including 866 miles of crude oil gathering pipelines, natural gas gathering pipelines, and an integrated water system in the Midland and Delaware Basins of the Permian Basin. Diamondback Energy, Inc. was founded in 2007 and is headquartered in Midland, Texas.

Diamondback Energy, Inc.

Diamondback Energy is a Texas-based independent oil and natural gas company focused on the acquisition, development, exploration, and exploitation of unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas.

Diamondback Energy

Diamondback is an independent oil and natural gas company headquartered in Midland, Texas focused on the acquisition, development, exploration and exploitation of unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas. For more information, please visit www.diamondbackenergy.com.

Campus recruiting season is about to kick into full gear! Here are a few of the career fairs we will be attending in September. Stay tuned to our LinkedIn page for the latest updates on where you can find us next! 

Houston Geological Society
The University of Texas at Austin
Colorado School of Mines
Oklahoma University
Louisiana State University

#DiamondbackEnergy #Internships #Geology #Engineering #Business #Energy

The University of Texas Permian Basin Falcons! Diamondback Energy will be at a career fair near you! We hope to you see you there!

#DiamondbackEnergy #Internships #CareerFair

Thank you for having us TAMU-SPE We look forward to seeing you again later this month for the SPE Career Fair! 

Keep an eye on our LinkedIn page for more information on what schools, career fairs, and events we will be at next!

#DiamondbackEnergy #Aggies #Internships

We're #hiring a new Technician II Maintenance in Monahans, Texas. Apply today or share this post with your network.

NASDAQ:FANG

Diamondback Energy

Last Close

196.79

30/08 20:00

Market Cap

36.10B

Beta: 2.03

Volume Today

1.81M

Avg: 2.48M

PE Ratio

8.44

PFCF: 26.61

Dividend Yield

5.31%

Payout:38.84%

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