Diamondback Energy is a prominent independent oil and natural gas exploration and production company primarily focused on developing its assets in the Permian Basin of West Texas. The company engages in the acquisition, exploration, and production of hydrocarbon resources, leveraging advanced technologies and efficient operational practices to optimize its output. With a commitment to sustainable development, Diamondback Energy aims to responsibly manage its environmental impact while delivering value to its shareholders through a balanced approach to growth and financial discipline. The company also explores strategic opportunities to enhance its portfolio and expand its resource base.
Diamondback Energy, Halliburton, and VoltaGrid signed a deal to deploy electric simul-frac fleets in Permian Basin, reducing emissions and boosting reliability.
HOUSTON, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Diamondback Energy (NYSE: FANG), Halliburton Energy Services (NYSE: HAL), and VoltaGrid LLC have entered into a landmark agreement to deploy four advanced electric simul-frac fleets across the Permian Basin. This collaboration represents a significant investment in clean and efficient energy solutions, with VoltaGrid delivering approximately 200 megawatts (MW) of electric power to support Diamondback Energy’s field operations. This marks a continuation of a longstanding partnership focused on sustainability and operational excellence.
4 energy stocks to watch for 2025: Diamondback Energy, Brookfield Renewable Partners, NextEra Energy, and Energy Transfer. Diversify and consider strong fundamentals, dividends, and demand.
The Energy Sector is an interesting sector and there are a lot of things we can learn from valuing the Energy Sector about investing itself and about valuation.
The Permian Basin remains a key driver of opportunity in the oil/energy sector. Its steady production growth, combined with operational efficiencies and importance, may present a strong investment case. Here are 4 stocks in the space to watch.
