Monday, June 1, 2026
Diamondback in talks to buy Double Eagle for more than $5 billion, WSJ reports- oil and gas 360

Diamondback in talks to buy Double Eagle for more than $5 billion, WSJ reports

(BOE Report) – Diamondback Energy is in talks to buy EnCap-backed Double Eagle, a big West Texas energy producer, for more than $5 billion, the Wall Street Journal reported on Friday, citing people familiar with the matter. Last year, Reuters reported that Double Eagle was exploring a sale of its Permian Basin-based producer in a deal that could be worth