Diamondback Energy, Inc. (FANG) NASDAQ
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Address
500 West Texas Avenue
Midland, TX 79701
United States of America (the)
Phone
432 221 7400
Sector
Energy
Industry
Oil & Gas Exploration & Production
Employees
1983
First IPO Date
October 12, 2012
| Name | Title | Pay | Year Born |
| Matthew Kaes Van't Hof | Chief Executive Officer & Director | 3.83M | 1987 |
| Jere W. Thompson | Executive Vice President & Chief Financial Officer | 1.38M | 1989 |
| Teresa L. Dick | Chief Accounting Officer, Executive Vice President & Assistant Secretary | 1.39M | 1970 |
| Matt Zmigrosky | Executive Vice President, Chief Legal & Administrative Officer and Secretary | 1.75M | 1979 |
| Daniel N. Wesson | Executive Vice President & Chief Operating Officer | 1.86M | 1985 |
| Travis D. Stice | Executive Chairman of the Board | 3.9M | 1962 |
| David Meek | Senior Vice President of Human Resources | 0 | N/A |
| Greg Dolezal | Senior Vice President & Chief Information Officer | 0 | N/A |
| Adam T. Lawlis | Vice President of Investor Relations | 0 | N/A |
| David L. Cannon | Senior Vice President of Geoscience & Technology | 0 | N/A |
| Johnny D. Dossey | Vice President of Marketing | 0 | 1966 |
Diamondback Energy, Inc. operates as an independent enterprise focused on oil and natural gas. Its core business involves the acquisition, development, exploration, and production of unconventional and onshore hydrocarbon reserves, predominantly located within the Permian Basin across West Texas and New Mexico. The company's development efforts primarily target significant geological formations, including the Spraberry and Wolfcamp in the Midland Basin, as well as the Wolfcamp and Bone Spring within the Delaware Basin – both crucial components of the broader Permian. As of December 31, 2021, Diamondback Energy's asset base included approximately 524,700 gross acres under its control in the Permian Basin. At that time, its estimated proved oil and natural gas reserves amounted to 1,788,991 thousand barrels of crude oil equivalent. The company also maintained working interests in 5,289 gross producing wells and held royalty interests in an additional 6,455 wells. Beyond its direct well operations, Diamondback Energy possesses mineral interests spanning roughly 930,871 gross acres and 27,027 net royalty acres across the Permian Basin and the Eagle Ford Shale. Furthermore, it manages a portfolio of midstream infrastructure, owning, operating, developing, and acquiring assets such as 866 miles of crude oil gathering pipelines, natural gas gathering pipelines, and an integrated water system within the Midland and Delaware Basins of the Permian. Established in 2007, Diamondback Energy, Inc. is headquartered in Midland, Texas.