FANG Diamondback Energy, Inc. gains 29% Oct 27, 2021

Posted By: Rajesh Srivastava - Wednesday, October 27, 2021

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Diamondback Energy, Inc., an independent oil and natural gas company, focuses on the acquisition, development, exploration, and exploitation of onshore oil and natural gas reserves in the Permian Basin in West Texas. Its activities are primarily focused on the Clearfork, Spraberry, Wolfcamp, Cline, Strawn, and Atoka formations. As of December 31, 2016, the company's net acreage position is approximately 105,894 acres in the Permian Basin; and estimated proved oil and natural gas reserves were 205,457 thousand barrels of crude oil equivalent. It holds working interests in 998 gross producing wells. The company also owns mineral interests underlying approximately 107,568 gross acres in the Permian Basin. Diamondback Energy, Inc. was founded in 2007 and is headquartered in Midland, Texas.http://www.priceseries.com/trade/FANG-Diamondback-Energy-Inc-stock-gains-29-percent-a-Trade-Record-by-priceSeries-2021092220211027.html

About Rajesh Srivastava

Techism is an online Publication that complies Bizarre, Odd, Strange, Out of box facts about the stuff going around in the world which you may find hard to believe and understand. The Main Purpose of this site is to bring reality with a taste of entertainment

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