It’s taken a war in the Middle East and $100-a-barrel oil to convince companies.
Employees wait for the arrival of U.S. Vice President Mike Pence, not pictured, at a Diamondback Energy Inc. oil rig in Midland, Texas, U.S., on Wednesday, April 17, 2019. Pence gave remarks to employees regarding the impacts of the Administration's United States-Mexico-Canada Agreement. Photographer: Callaghan O'Hare/Bloomberg
Diamondback Energy Inc., one of the biggest US shale producers, predicts that drillers will add as many as 30 rigs to America’s most prolific oil field by the end of the year as the Iran war sends crude prices soaring.
Diamondback Energy Inc., one of the biggest US shale producers, predicts that drillers will add as many as 30 rigs to America’s most prolific oil field by the end of the year as the Iran war sends crude prices soaring.
A row of pumpjacks is seen as U.S. Vice President Mike Pence, not pictured, tours a Diamondback Energy Inc. oil rig in Midland, Texas, U.S., on Wednesday, April 17, 2019. Pence gave remarks to employees regarding the impacts of the Administration's United States-Mexico-Canada Agreement.
Diamondback Energy Inc.’s largest shareholder is seeking to raise as much as $1.94 billion in a sale of shares in the oil and natural gas company, according to people familiar with the matter.
Diamondback Energy Inc.’s largest shareholder is seeking to raise as much as $1.94 billion in a sale of shares in the oil and natural gas company, according to people familiar with the matter.
A row of pumpjacks at an Diamondback Energy Inc. oil rig in Midland, Texas.
The daughter of late wildcatter Autry Stephens is selling about $2 billion of Diamondback Energy Inc. stock received from the sale of the oil mogul’s company.
The daughter of late wildcatter Autry Stephens is selling about $2 billion of Diamondback Energy Inc. stock received from the sale of the oil mogul’s company.
A row of pumpjacks is seen as U.S. Vice President Mike Pence, not pictured, tours a Diamondback Energy Inc. oil rig in Midland, Texas, U.S., on Wednesday, April 17, 2019. Pence gave remarks to employees regarding the impacts of the Administration's United States-Mexico-Canada Agreement.
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