Welcome to our dedicated page for Diamondback Ener news (Ticker: FANG), a resource for investors and traders seeking the latest updates and insights on Diamondback Ener stock.
Diamondback Energy, Inc. (FANG) is an independent oil and gas producer focused exclusively on developing unconventional resources within the Permian Basin. This page provides authorized news updates and verified developments directly from the company and trusted industry sources.
Access real-time announcements including quarterly earnings disclosures, operational milestones, and strategic initiatives like acreage acquisitions. Investors will find essential updates on production efficiencies, resource development progress, and financial performance metrics.
All content undergoes strict verification to ensure compliance with financial reporting standards. Bookmark this page for immediate access to merger announcements, leadership updates, and technical innovations driving Diamondback's low-cost production model.
On March 28, 2023, Michael P. Cross announced his decision not to seek re-election to the Board of Directors of Diamondback Energy (NASDAQ: FANG) during the upcoming Annual Meeting. A board member since the company's IPO, Cross is retiring and has cited no disagreements with the company. His tenure included participation in key committees, contributing significantly to the company's growth and strategic direction throughout his service. CEO Travis Stice praised Cross for his invaluable contributions and dedication over the past decade.
Diamondback Energy, Inc. (NASDAQ: FANG) has announced plans to release its first quarter 2023 financial results on May 1, 2023, after the market closes. The company will host a conference call and webcast for investors and analysts on May 2, 2023, at 8:00 a.m. CT to discuss these results. Interested parties can access the call and a replay through the company's website. Diamondback focuses on the acquisition and development of unconventional, onshore oil and gas reserves in the Permian Basin in West Texas.
Diamondback Energy (NASDAQ: FANG) announced its participation in the Oil and Gas Methane Partnership 2.0 (OGMP 2.0), a UN initiative aimed at improving methane emissions reporting in the oil and gas sector. CEO Travis Stice emphasized the importance of reliable emission reduction frameworks, as the company commits to implementing continuous emissions monitoring on 90% of its facilities by the year's end. Additionally, Diamondback targets a 70% reduction in methane intensity from 2019 levels by 2024, showcasing its dedication to environmental accountability.
FAQ
What is the current stock price of Diamondback Ener (FANG)?
What is the market cap of Diamondback Ener (FANG)?
