Does anyone know anything about XOM buying Diamondback? I’m seeing post about it online.
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Heard from a Company man that Diamondback is about to go blue!! ExxonMobil??
No, Exxon is not buying Diamondback Energy. Instead, Diamondback Energy is currently involved in a significant acquisition deal, having purchased Endeavor Energy Partners for approximately $26 billion. This acquisition positions Diamondback as a major player in the Permian Basin, enhancing its existing assets and market position.
https://www.forbes.com/sites/davidblackmon/2025/02/19/few-permian-targets-remain-after-diamondbacks-latest-deal/
Where online are you seeing this?