BRIEF-Diamondback Energy, Inc. Announces Midland Basin Acquisition
ReutersFeb 18, 2025 11:03 AM
Feb 18 (Reuters) - Diamondback Energy Inc FANG.O:
DIAMONDBACK ENERGY, INC. ANNOUNCES MIDLAND BASIN ACQUISITION
DIAMONDBACK ENERGY INC - TO SELL AT LEAST $1.5 BILLION OF NON-CORE ASSETS
DIAMONDBACK ENERGY INC - EXPECTS TO REDUCE NET DEBT TO $10 BILLION
DIAMONDBACK ENERGY INC - TO ACQUIRE DOUBLE EAGLE SUBSIDIARIES FOR $3 BILLION CASH AND 6.9 MILLION SHARES
DIAMONDBACK ENERGY: ACQUISITION IMMEDIATELY ACCRETIVE TO ALL RELEVANT FINANCIAL METRICS INCLUDING CASH FLOW PER SHARE
Source text: ID:nGNX43Vgcb
Further company coverage: FANG.O
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