Diamondback Energy Inc (FANG)

124.54 +1.40 (+1.14%)
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124.84 +0.30 (+0.24%)

Diamondback Energy Inc Company Profile

Equity Type
Diamondback Energy, Inc. is an independent oil and gas company, which is focused on the acquisition, development, exploration and exploitation of unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas. The Company operates through two segments. The upstream segment is engaged in the acquisition, development, exploration and exploitation of unconventional, onshore oil and natural gas reserves primarily in the Permian Basin in West Texas. The midstream operations segment is focused on owning, operating, developing and acquiring midstream infrastructure assets in the Midland and Delaware Basins of the Permian Basin. Its total acreage position in the Permian Basin is approximately 524,700 acres, which consisted primarily of approximately 292,903 acres in the Midland Basin and approximately 189,357 acres in the Delaware Basin. Its subsidiaries include Diamondback E&P LLC, Viper Energy Partners GP LLC, Rattler Midstream GP LLC and QEP Resources, Inc.
Contact Information
Midland,79701 United States
432 221 7400
Top Executives
Travis D. Stice 60 2011 CEO & Chairman of the Board
Mark L. Plaumann 66 2012 Independent Director
Steven Emory West 62 2011 Independent Director
Michael P. Cross 70 2012 Independent Director
David L. Houston 69 2012 Independent Director
Stephanie K. Mains 55 2020 Independent Director
Melanie Montague Trent 57 2018 Independent Lead Director
Vincent K. Brooks 63 2020 Independent Director
Frank D. Tsuru 0 2022 Independent Director
Rebecca A. Klein 56 2022 Independent Director
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