Diamondback Energy Inc

NASDAQ: FANG
$175.37
-$0.46 (-0.3%)
Real Time Data Delayed 15 Min.

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Asset Type Stock
Exchange NASDAQ
Currency USD
Country USA
Sector ENERGY & TRANSPORTATION
Industry CRUDE PETROLEUM & NATURAL GAS
Address 500 WEST TEXAS, SUITE 1210, MIDLAND, TX, US
Fiscal Year End December
Latest Quarter 12/31/2023
Market Cap 33,043.03M USD
Shares Outstanding 178,447,000
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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