What is Diamondback Energy Inc?
, an independent oil and natural gas company, acquires, develops, explores, and exploits unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas, the United States.
, an independent oil and natural gas company, acquires, develops, explores, and exploits unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas, the United States. The company 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, both of which are part of the Permian Basin in West Texas and New Mexico. The company is listed on the NASDAQ in USA, operating in the Energy sector, with a market capitalisation of 57.09B, and a P/E ratio of 209.2x.
| Shares sold | Shares bought | |
|---|---|---|
| 0-3months | 0 | 0 |
| 3-6months | 10156,464 shares $28.6M | 0 |
| 6-9months | 31,438,516 shares $225.0M | 0 |
| 9-12months | 0 | 0 |