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Diamondback Energy Inc (FANG)

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106.00 -0.43    -0.40%
03/12 - Closed. Currency in USD ( Disclaimer )
After Hours
106.00
0.00
0.00%
23:33:55 - Real-time Data
  • Volume: 2,465,687
  • Bid/Ask: 106.00 / 106.50
  • Day's Range: 103.66 - 109.19
Type:  Equity
Market:  United States
ISIN:  US25278X1090 
CUSIP:  25278X109
Diamondback 106.00 -0.43 -0.40%
IndustryOil, Gas & Consumable Fuels
SectorEnergy
Employees

732

Equity Type

ORD

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 primarily 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, 2020, the company’s total acreage position was approximately 449,642 gross acres in the Permian Basin; and estimated proved oil and natural gas reserves were 1,316,441 thousand barrels of crude oil equivalent. It also held working interests in 4,326 gross producing wells, as well as royalty interests in 4,553 additional wells. In addition, the company owns mineral interests approximately 787,264 gross acres and 24,350 net royalty acres in the Permian Basin and Eagle Ford Shale; and owns, operates, develops, and acquires midstream infrastructure assets, including 927 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.

Contact Information

Top Executives

Name Age Since Title
Steven Emory West 61 2011 Independent Chairman of the Board
Travis D. Stice 59 2011 CEO & Director
Mark L. Plaumann 65 2012 Independent Director
Vincent K. Brooks 62 2020 Independent Director
David L. Houston 68 2012 Independent Lead Director
Michael P. Cross 69 2012 Independent Director
Stephanie K. Mains 54 2020 Independent Director
Melanie Montague Trent 56 2018 Independent Lead Director
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