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Diamondback ( (FANG) ) just unveiled an update.
On February 3, 2025, Diamondback Energy expanded its Board of Directors by appointing Darin G. Holderness, bringing the total number of directors to 13. Holderness, who brings over 30 years of energy sector experience, including significant roles in oilfield services and exploration companies, was also appointed to the Board’s Audit Committee. This appointment, made in line with a Stockholders Agreement, aims to bolster Diamondback’s strategic positioning in the sector, particularly in the Permian Basin, following the company’s recent merger with Endeavor.
More about Diamondback
Diamondback Energy, Inc. is an independent oil and natural gas company headquartered in Midland, Texas, focusing on the acquisition, development, exploration, and exploitation of unconventional, onshore oil and natural gas reserves primarily in the Permian Basin in West Texas.
YTD Price Performance: -1.45%
Average Trading Volume: 2,143,789
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $47.99B
For a thorough assessment of FANG stock, go to TipRanks’ Stock Analysis page.
