Travis Stice

$4B+ Deal: Fort Worth’s Double Eagle Sells Oil & Gas Assets to Diamondback Energy for $3B Cash, 6.9M Shares

by | Feb 19, 2025
Here's an oil & gas deal so big, it would even raise eyebrows on the hit Paramount+ series "Landman." The acquisition by Midland-based Diamondback Energy includes around 40,000 net acres that Diamondback CEO Travis Stice called "the most attractive asset remaining in the Midland basin."
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