Diamondback says it should be Permian’s ‘consolidator of choice’ as oil outlook dims
August 5, 2025
(BOE Report) – Shale driller Diamondback Energy said on Tuesday it should remain the Permian Basin’s “consolidator of choice” as shale activity slows and the company focuses on shareholder returns following its $26 billion merger with Endeavor Energy. “We should naturally be the consolidator of choice as we execute a lower-cost and better overall development strategy,” a key company executive
