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Diamondback Energy Inc (FANG) USD0.01

Sell:$83.43 Buy:$83.45 Change: $1.41 (1.66%)
NASDAQ:0.30%
Market closed |  Prices as at close on 16 October 2019 | Switch to live prices |
Sell:$83.43
Buy:$83.45
Change: $1.41 (1.66%)
Market closed |  Prices as at close on 16 October 2019 | Switch to live prices |
Sell:$83.43
Buy:$83.45
Change: $1.41 (1.66%)
Market closed |  Prices as at close on 16 October 2019 | Switch to live prices |
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Business summary

Diamondback Energy, Inc. is an independent oil and natural gas company. The Company focuses on the acquisition, development, exploration and exploitation of unconventional onshore oil and natural gas reserves in the Permian Basin in West Texas. As of December 31, 2016, the Company's total net acreage position in the Permian Basin was approximately 105,894 net acres. As of December 31, 2016, the Company, through its subsidiary, Viper Energy Partners LP (Viper), owned mineral interests underlying approximately 107,568 gross acres primarily in Midland County, Texas in the Permian Basin. The Permian Basin area covers a portion of western Texas and eastern New Mexico. The Company's reserves are located in the Permian Basin of West Texas, in particular in the Clearfork, Spraberry, Wolfcamp, Cline, Strawn and Atoka formations. The Company refers to the Clearfork, Spraberry, Wolfcamp, Strawn and Atoka formations collectively as the Wolfberry play.

Contact details

Address:
500 W Texas Ave Ste 1210
MIDLAND
79701-4230
United States
Telephone:
+1 (405) 4636900
Website:
https://www.diamondbackenergy.com/

Important dates

Future events
There are no future events available.
Past events
There are no past events available.

General stock information

Short code:
FANG
ISIN:
US25278X1090
Market cap:
$13.69 billion
Shares in issue:
163.04 million
Sector:
Oil & Gas Exploration & Production
Exchange:
NASDAQ
Country:
United States
Currency:
US dollar
Indices:
NASDAQ Comb. Composite

Key personnel

  • Steven West
    Independent Chairman of the Board
  • Travis Stice
    Chief Executive Officer, Director
  • Kaes Van't Hof
    Chief Financial Officer and Executive Vice President - Business Development
  • Jennifer Soliman
    Chief Human Resource Officer, Executive Vice President
  • Teresa Dick
    Executive Vice President, Chief Accounting Officer, Assistant Secretary
  • Matt Zmigrosky
    Executive Vice President, General Counsel, Secretary
  • Thomas Hawkins
    Executive Vice President - Land
  • Russell Pantermuehl
    Executive Vice President - Chief Engineer
  • W. Marc Dingler
    Senior Vice President of Government Affairs and Deputy General Counsel
  • Kara Blubaugh-Few
    Senior Vice President of Accounting and Controller

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Business summary, contact details and key personnel provided by Thomson Reuters. Important dates provided by Digital Look Ltd. General stock information provided by Reuters.

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The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.