Diamondback Energy, Inc. (FANG) Price and Market Data

Diamondback Energy, Inc. is a crude oil and natural gas exploration and production company focused exclusively on the U.S. Permian Basin. Since going public in 2012, the company has become a leading independent producer through disciplined acquisitions and strong operational execution. Its most significant transaction came in September 2024 with the completion of its $26 billion merger with Endeavor Energy Resources, adding about 470,000 net acres and doubling Diamondback’s overall acreage footprint. The company holds a highly attractive position in the Midland sub-basin and benefits from some of the lowest unit costs among Permian peers.