Diamondback Energy

Diamondback Energy is an independent oil and natural gas company primarily engaged in the acquisition, development, exploration, and exploitation of unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas. The company generates revenue by extracting and selling crude oil, natural gas, and natural gas liquids. Founded in 2007, Diamondback Energy has grown significantly through strategic acquisitions and organic growth, establishing itself as a key player in the U.S. energy sector. The company is known for its operational efficiency and focus on maximizing shareholder value through disciplined capital allocation and cost management strategies.

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