Diamondback Energy merged with privately held Endeavor Energy Resources in a $26B cash-and-stock transaction ($8B cash + 117.3M FANG shares), creating a premier Permian Basin independent operator with ~838,000 net acres and 816 MBOE/d of production, making it the third-largest Permian producer.
Diamondback Energy Acquires Endeavor Energy Resources
Acquirer
Diamondback Energy
→
Target
Endeavor Energy Resources
2024
Year
🇺🇸 United States
Country
Deal Value
Sector
Upstream
Subsector
Shale / Tight Oil
Date Added
Jun 22, 2026
Status
Completed
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