Double Eagle sells $4B in Permian assets to Midland-based oil giant

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Double Eagle sells $4B in Permian assets to Midland-based oil giant

Diamondback's CEO called the acquisition "the most attractive asset remaining in the Midland Basin."

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Diamondback Close to Taking Over Double Eagle

Diamondback Energy is in advanced negotiations to acquire Double Eagle, a Permian Basin oil producer, in a deal valued at approximately $5 billion.

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Diamondback Expands Again with $4.1 Billion for Double Eagle

Diamondback Energy Inc. will expand in the Permian Basin after agreeing to acquire subsidiaries of closely held Double Eagle IV Midco LLC for about $4.1 billion, a …

Dallas Innovates

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$4B+ Deal: Fort Worth's Double Eagle Sells Oil & Gas Assets to Diamondback Energy for $3B Cash, 6.9M Shares

Dallas Innovates, Every Day: Here's what's new + next in North Texas. Here’s an oil & gas deal so big, it would even raise eyebrows on the hit Paramount+ series “Landman.”  Fort Worth-based Double Eagle, an independent oil and natural gas company, has announced the sale of its equity interest in certain subsidiaries to Midland’s Diamondback Energy (NASDAQ: FANG) for $3 billion in cash and 6.9 million shares of Diamondback common stock.…The post …

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Diamondback Energy Announces Midland Basin Deal

Diamondback said it has entered into a definitive purchase agreement to acquire certain subsidiaries of Double Eagle IV Midco LLC.

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Diamondback Energy to expand in Permian basin with $4.08 billion deal