{"id":832606,"date":"2025-04-01T16:05:42","date_gmt":"2025-04-01T20:05:42","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/diamondback-energy-inc-announces-closing-of-double-eagle-acquisition\/"},"modified":"2025-04-01T16:05:42","modified_gmt":"2025-04-01T20:05:42","slug":"diamondback-energy-inc-announces-closing-of-double-eagle-acquisition","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/diamondback-energy-inc-announces-closing-of-double-eagle-acquisition\/","title":{"rendered":"Diamondback Energy, Inc. Announces Closing of Double Eagle Acquisition"},"content":{"rendered":"
\n

MIDLAND, Texas, April 01, 2025 (GLOBE NEWSWIRE) — Diamondback Energy, Inc. (NASDAQ: FANG) (\u201cDiamondback\u201d or \u201cthe Company\u201d) today announced that it has completed its previously announced acquisition of certain subsidiaries of Double Eagle IV Midco, LLC (\u201cDouble Eagle\u201d).<\/p>\n

\n About Diamondback<\/strong>\n <\/p>\n

Diamondback is an independent oil and natural gas company headquartered in\u00a0Midland, Texas\u00a0focused on the acquisition, development, exploration and exploitation of unconventional, onshore oil and natural gas reserves in the\u00a0Permian Basin\u00a0in\u00a0West Texas. For more information, please visit\u00a0www.diamondbackenergy.com<\/a>.<\/p>\n

\n Forward-Looking Statements<\/strong>\n <\/p>\n

This news release contains \u201cforward-looking statements\u201d within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act, which involve risks, uncertainties, and assumptions. All statements, other than statements of historical fact, including statements regarding Diamondback\u2019s: future performance; business strategy; future operations (including drilling plans and capital plans); estimates and projections of production, revenues, losses, costs, expenses, returns, cash flow, and financial position; reserve estimates and its ability to replace or increase reserves; anticipated benefits or other effects of strategic transactions (including the pending drop down transaction with\u00a0Viper Energy, Inc., the Double Eagle Acquisition and other acquisitions or divestitures); and plans and objectives of management (including plans for future cash flow from operations) are forward-looking statements. When used in this news release, the words \u201caim,\u201d \u201canticipate,\u201d \u201cbelieve,\u201d \u201ccontinue,\u201d \u201ccould,\u201d \u201cestimate,\u201d \u201cexpect,\u201d \u201cforecast,\u201d \u201cfuture,\u201d \u201cguidance,\u201d \u201cintend,\u201d \u201cmay,\u201d \u201cmodel,\u201d \u201coutlook,\u201d \u201cplan,\u201d \u201cpositioned,\u201d \u201cpotential,\u201d \u201cpredict,\u201d \u201cproject,\u201d \u201cseek,\u201d \u201cshould,\u201d \u201ctarget,\u201d \u201cwill,\u201d \u201cwould,\u201d and similar expressions (including the negative of such terms) as they relate to Diamondback are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. Although Diamondback believes that the expectations and assumptions reflected in its forward-looking statements are reasonable as and when made, they involve risks and uncertainties that are difficult to predict and, in many cases, beyond Diamondback\u2019s control. Accordingly, forward-looking statements are not guarantees of future performance and Diamondback\u2019s actual outcomes could differ materially from what Diamondback has expressed in its forward-looking statements.<\/p>\n

Factors that could cause the outcomes to differ materially include (but are not limited to) the following: changes in supply and demand levels for oil, natural gas, and natural gas liquids, and the resulting impact on the price for those commodities; the impact of public health crises, including epidemic or pandemic diseases and any related company or government policies or actions; actions taken by the members of OPEC+ and\u00a0Russia\u00a0affecting the production and pricing of oil, as well as other domestic and global political, economic, or diplomatic developments, including any impact of the ongoing war in\u00a0Ukraine\u00a0and the Israel-Hamas war on the global energy markets and geopolitical stability; instability in the financial markets; trade wars; inflationary pressures; higher interest rates and their impact on the cost of capital; regional supply and demand factors, including delays, curtailment delays or interruptions of production, or governmental orders, rules or regulations that impose production limits; federal and state legislative and regulatory initiatives relating to hydraulic fracturing, including the effect of existing and future laws and governmental regulations; physical and transition risks relating to climate change; those risks described in Item 1A of Diamondback\u2019s Annual Report on Form 10-K, filed with the\u00a0SEC\u00a0on\u00a0February 26, 2025, and those risks disclosed in its subsequent filings on Forms 10-Q and 8-K, which can be obtained free of charge on the SEC\u2019s website at\u00a0http:\/\/www.sec.gov<\/a>\u00a0and Diamondback\u2019s website at\u00a0www.diamondbackenergy.com\/investors<\/a>.<\/p>\n

In light of these factors, the events anticipated by Diamondback\u2019s forward-looking statements may not occur at the time anticipated or at all. Moreover, Diamondback operates in a very competitive and rapidly changing environment and new risks emerge from time to time. Diamondback cannot predict all risks, nor can it assess the impact of all factors on its business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those anticipated by any forward-looking statements it may make. Accordingly, you should not place undue reliance on any forward-looking statements. All forward-looking statements speak only as of the date of this news release or, if earlier, as of the date they were made. Diamondback does not intend to, and disclaims any obligation to, update or revise any forward-looking statements unless required by applicable law.\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0\u00a0<\/p>\n

Investor Contact:
Adam Lawlis
+1 432.221.7467
alawlis@diamondbackenergy.com<\/a>\u00a0<\/p>\n

\"\"
\n
\n \"\"\n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

MIDLAND, Texas, April 01, 2025 (GLOBE NEWSWIRE) — Diamondback Energy, Inc. (NASDAQ: FANG) (\u201cDiamondback\u201d or \u201cthe Company\u201d) today announced that it has completed its previously announced acquisition of certain subsidiaries of Double Eagle IV Midco, LLC (\u201cDouble Eagle\u201d). About Diamondback Diamondback is an independent oil and natural gas company headquartered in\u00a0Midland, Texas\u00a0focused on the acquisition, development, exploration and exploitation of unconventional, onshore oil and natural gas reserves in the\u00a0Permian Basin\u00a0in\u00a0West Texas. For more information, please visit\u00a0www.diamondbackenergy.com. Forward-Looking Statements This news release contains \u201cforward-looking statements\u201d within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act, which involve risks, uncertainties, and assumptions. All statements, other than statements of historical fact, including statements regarding Diamondback\u2019s: future … <\/p>\n

Continue reading “Diamondback Energy, Inc. Announces Closing of Double Eagle Acquisition”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-832606","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nDiamondback Energy, Inc. Announces Closing of Double Eagle Acquisition - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/diamondback-energy-inc-announces-closing-of-double-eagle-acquisition\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Diamondback Energy, Inc. 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