Another Oil Giant Emerges In The Permian Basin
FANGDiamondback Energy(FANG) Forbes·2024-02-12 23:56

BRAZIL - 2023/02/15: In this photo illustration, the Diamondback Energy logo is seen displayed on a ... [+] smartphone. (Photo Illustration by Rafael Henrique/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images Midland-based Diamondback Energy FANG was already a big upstream company in the prolific Permian Basin which straddles the border between West Texas and Southeast New Mexico. But the company led by CEO Travis Stice is now poised to become one of the region’s giants in t ...