Diamondback Energy Inc., an independent player in the oil and natural gas industry, has its sights firmly set on acquiring, developing, exploring, and exploiting unconventional and onshore oil and gas reserves in the Permian Basin of West Texas. Diamondback Energy is honing in on a few key areas, including the Spraberry and Wolfcamp formations of the Midland basin, as well as the Wolfcamp and Bone Spring formations of the Delaware basin, both found in the Permian Basin of West Texas and New Mexico. Not content to rest on its laurels, Diamondback Energy also holds and operates midstream infrastructure assets, including 770 miles of crude oil gathering pipelines, natural gas gathering pipelines, and an integrated water system in the Midland and Delaware Basins of the Permian Basin. With its entrepreneurial spirit, Diamondback Energy Inc. was founded in 2007 and has set up shop in the heart of oil country, Midland, Texas.
Diamondback Energy's ticker is FANG
The company's shares trade on the NASDAQ stock exchange
They are based in Midland, Texas
There are 501-1000 employees working at Diamondback Energy
It is ir.diamondbackenergy.com
Diamondback Energy is in the Energy sector
Diamondback Energy is in the Oil & Gas Equipment & Services industry
The following five companies are Diamondback Energy's industry peers: