Tuesday, August 11, 2026
Illinois Frac Ban

Diamondback Energy Doubles Down in the Delaware with $2.4 Billion Acquisition

Diamondback Energy acquires Brigham Resources for $2.4 billion Diamondback Energy (ticker: FANG) announced late Wednesday that the company has entered into a definitive purchase agreement to acquire all leasehold interests and related assets of Brigham Resources Operating, LLC and Brigham Resources Midstream, LLC  for an aggregate purchase price of $2.4 billion. The deal consists of $1.6 billion in cash and 7.7 million shares of Diamondback