MIDLAND, Texas, Nov. 30, 2022 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or “the Company”) today announced that it has completed its previously announced acquisition of all leasehold interests and related assets of FireBird Energy LLC (“FireBird”). About Diamondback Energy, Inc. Diamondback is an independent oil and natural gas company headquartered in Midland, Texas focused on the acquisition, development, exploration and exploitation of unconventional, onshore o
Diamondback Energy (NASDAQ: FANG) is producing a gusher of free cash flow this year. The oil company is on pace to generate more than $4 billion of free cash flow, significantly more than the $2.4 billion it produced in 2021. A large portion of that return has come through dividends.
Diamondback Energy, Chevron, ConocoPhillips, Transocean and Enbridge are part of the Zacks top Analyst Blog.