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Diamondback Completes Acquisition of Double Eagle IV Holdings
9+ mon, 3+ week ago (553+ words) Diamondback Energy Inc. FANG recently completed its $4.1 billion deal to acquire Double Eagle IV, an energy company backed by ... around 40,000 net acres to its land holdings. The acquired assets are estimated to produce about 27,000 barrels of oil per day, with…...
Diamondback Energy, Inc. Announces Closing of Double Eagle Acquisition
9+ mon, 3+ week ago (153+ words) MIDLAND, Texas, April 01, 2025 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (Diamondback" or the Company") today announced that it has completed its previously announced acquisition of certain subsidiaries of Double Eagle IV Midco, LLC (Double Eagle"). About Diamondback Diamondback is an…...
Hollywood-Used Winchester Model 1873 "1 of 1,000" Headlines Rock Island Auction's May 2-4 Premier Auction
9+ mon, 4+ week ago (389+ words) A Winchester Model 1873 "1 of 1,000" carried by Hollywood legend Jimmy Stewart in the film "Winchester '73" leads Rock Island Auction Company's roster of immensely historic and high condition offerings in its May 2-4 Premier Auction. A presentation Colt First Model Dragoon of President…...
Culligan International Announces Multi-Year Bank of America Chicago Distance Series Partnership
10+ mon, 1+ week ago (166+ words) Partnership reduces single-use plastic water bottle use across all city's major running events while keeping participants sustainably hydrated To effectively minimize single-use plastic at Bank of America Chicago Distance Series events, runners and spectators can expect the following efforts: Infinitely…...
Diamondback Energy, Inc. Announces Leadership Transition Plan and Additional Updates to Executive Team and Board of Directors
11+ mon, 1+ week ago (357+ words) Travis D. Stice to step down as Chief Executive Officer, effective as of the Company's 2025 Annual Meeting of Stockholders; will remain as Executive Chairman through the Company's 2026 Annual Meeting of Stockholders Kaes Van't Hof, current President, will assume Chief Executive Officer…...
Diamondback Expands Again with $4.1 Billion for Double Eagle
11+ mon, 1+ week ago (402+ words) (Bloomberg) -- Diamondback Energy Inc. will expand in the Permian Basin after agreeing to acquire subsidiaries of closely held Double Eagle IV Midco LLC for about $4.1 billion, a significant asset boost for the top independent oil producer in North America's most…...
Double Eagle IV Midco, LLC Enters Into Definitive Purchase Agreement With Diamondback Energy, Inc.
11+ mon, 1+ week ago (300+ words) -- Diamondback Energy Acquires Certain Midland Basin Entities from Double Eagle -- FORT WORTH, Texas, February 18, 2025--(BUSINESS WIRE)--Double Eagle IV Midco, LLC ("Double Eagle") today announced that it has entered into a definitive purchase agreement to divest its equity interest in…...
Diamondback Energy to expand in Permian with $4.08 billion deal
11+ mon, 1+ week ago (225+ words) Diamondback added that it would sell at least $1.5 billion of non-core assets to reduce pro-forma debt. The shale producer expects to reduce net debt to $10 billion and, long term, maintain leverage of $6 billion to $8 billion. Last year, Reuters had reported…...
Diamondback Energy, Inc. Announces Midland Basin Acquisition
11+ mon, 1+ week ago (312+ words) Diamondback is also committing today to sell at least $1.5 billion of non-core assets to accelerate pro forma debt reduction in order to maintain its strong balance sheet. Diamondback expects to reduce net debt to $10 billion and, long term, maintain leverage…...
Diamondback Nears Permian Deal to Buy Shale Producer Double Eagle
11+ mon, 1+ week ago (312+ words) (Bloomberg) -- Diamondback Energy Inc. is closing in on a deal to acquire closely held West Texas oil producer Double Eagle in a bid to further its dominance in the world's biggest shale patch, according to people familiar with the matter....
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