Current FANG Stock Info

Diamondback adds 19,180 net Delaware acres to its primarily Midland Basin assets
Diamondback Energy (ticker: FANG) announced today that the company purchased 38,765 gross (19,180 net) acres in the Southern Delaware Basin for $560 million. The acquisition will provide Diamondback with primarily operated leasehold interests, the majority of which are located along the Pecos River in reeves and Ward counties, Texas.

The new properties are west of Diamondback’s primarily-Midland Basin focused portfolio. The company holds roughly 85,000 net acre...


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