Diamondback Energy
#346
Rank
$56.81B
Marketcap
United States
Country
Kaes van'T Hof (Chief Financial Officer and Executive Vice President of Business Development)
Jennifer Soliman (Exec VP/Chief Human Resources Ofcr)
Summary
Diamondback Energy to Acquire Mineral Interests in Midland CountyDiamondback Energy is an independent oil and natural gas company headquartered in Midland, TX. Diamondback’s growth strategy is focused on the acquisition, development, exploration and exploitation of unconventional, long-life, onshore oil and natural gas reserves in the major oil producing Permian Basin in West Texas. The Company’s operations aredirected primarily at the large acreage areas of the Clearfork, Spraberry, Wolfcamp, Cline, Strawn and Atoka formations, collectively known as the Wolfberry Trend.
History
2007: The company began operations in December 2007 with the acquisition of 4,174 net acres in the Permian Basin.
2012: In October 2012, the company became a public company via an initial public offering, issuing 12,500,000 shares of common stock at a price of $17.50 per share.
2017: In March 2017, the company acquired assets from Brigham Resources for $2.55 billion.
2018: In October 2018, the company acquired the assets of Ajax Resources for $1.25 billion.
2021: In March 2021, the company acquired QEP Resources.
Key Team
Melanie Montague Trent (Board Member)
Steven E. West (Chairman of The Board)
Vincent K. Brooks (Board Member)
Teresa L. Dick (Exec VP/Chief Acctg Officer)
David L. Houston (Board Member)
Mark L. Plaumann (Board Member)
Melanie Montague Trent (Board Member)
Michael Hollis (President & COO)
Russell D. Pantermuehl (Exec VP/Chief Engineer)
Steven E. West (Chairman of The Board)
David L. Houston (Board Member)
Mark L. Plaumann (Board Member)
References
https://en.wikipedia.org/wiki/Diamondback_Energy
https://www.zippia.com/diamondback-energy-careers-3397/
https://www.crunchbase.com/organization/diamondback-energy
https://www.companieshistory.com/diamondback-energy/
https://sec.report/CIK/0001002910
https://companiesmarketcap.com/largest-companies-by-revenue/
Kaes van'T Hof (Chief Financial Officer and Executive Vice President of Business Development)
Jennifer Soliman (Exec VP/Chief Human Resources Ofcr)