Diamondback Energy Inc. (1FANG)

Profile

https://www.diamondbackenergy.com

Diamondback Energy Inc. is an independent oil and natural gas company focused on the acquisition, development, exploration, and production of unconventional onshore resources in the Permian Basin. The company concentrates on horizontal drilling across core areas in the Midland and Delaware basins, with operations centered on formations such as Spraberry, Wolfcamp, and Bone Spring. Its business also includes midstream services that support field operations and help move produced volumes through gathering and related infrastructure. Diamondback Energy serves as a significant upstream operator in the U.S. energy market, with a portfolio built around large-scale shale development and integrated basin-level execution. Headquartered in Midland, Texas, Diamondback Energy Inc. plays an important role in crude oil and natural gas supply within one of the most productive hydrocarbon regions in North America.