News

Diamondback in Talks to Buy Double Eagle for About $5 Billion

Bloomberg

Diamondback Energy Inc. is in talks to acquire closely held oil driller Double Eagle V for about $5 billion, further expanding its position in the Permian Basin, the world’s most productive shale region, according to a person familiar with the matter.

Read the full Veytics brief

We show the main point publicly. Create a free account to continue reading the full article, save it, discuss it, and connect it with market and OSINT context.