A West Texas energy company led by notable Texas Tech alumni has struck a deal worth $4.08 billion with Diamondback Energy.

Tortoise Senior Portfolio Manager & Managing Director Rob Thummel joins Asking for a Trend to analyze the oil (CL=F, BZ=F) ...

Cody Campbell, former Texas Tech University football player and member of the Board of Regents, and his partner John Sellers, ...

Oil futures were lifted Tuesday, ending with gains after a drone attack by Ukraine on a pipeline carrying crude from Kazakhstan across southern Russia curtailed flows. The oil and natural gas company ...

Double Eagle IV Midco, LLC ("Double Eagle") today announced that it has entered into a definitive purchase agreement to divest its equity interest in certain subsidiaries to Diamondback Energy, Inc. ( ...

The firm’s cost advantage is underpinned by a long runway of drilling opportunities in low-cost areas. It operates exclusively in the Permian Basin, which is the cheapest source of crude oil in the US ...

Diamondback Energy is set to buy Double Eagle IV Midco LLC subsidiaries for $4.1 billion, enhancing its Midland Basin assets.

EIR analyst Dittmar called the deal a priority for Diamondback “because it represents one of the last current opportunities ...

Diamondback Energy plans to buy roughly 40,000 net acres in the Midland basin from Double Eagle IV Midco LLC for roughly US$4 billion, the Texas operator announced Tuesday. Diamondback will pay for ...

Diamondback Energy said on Tuesday it would buy certain units of EnCap Investments-backed energy producer Double Eagle for $4 ...

Kirkland & Ellis is guiding Diamondback Energy Inc. in a $4.1 billion purchase of subsidiaries of Double Eagle IV Midco LLC, ...