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Diamondback Energy

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Diamondback Energy

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About Diamondback Energy

Simplify's Rating

Why Diamondback Energy is rated

Rated A on Competitive Edge

Rated A on Growth Potential

Rated A on Rating Differentiation

Industries

Company Size

501-1,000

Company Stage

IPO

Total Funding

N/A

Headquarters

Midland, Texas

Founded

2007

Overview

Simplify's Take

What believers are saying

Double Eagle acquisition accelerates development, boosting free cash flow by 2026.
Drop down transaction with Viper Energy improves liquidity for strategic investments.
Virtual reality STEM lab initiative enhances corporate social responsibility profile.

What critics are saying

Increased debt from acquisitions may strain financial resources if commodity prices fall.
Accelerated development of lower quality acreage could lead to higher operational costs.
Secondary stock offering may cause shareholder dissatisfaction due to share dilution.

What makes Diamondback Energy unique

Diamondback's $4 billion Double Eagle acquisition boosts its asset portfolio significantly.
Investment in Verde Clean Fuels shows a strategic shift towards renewable energy.
Partnership with Kinetik Holdings enhances infrastructure capabilities and market reach.

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Funding

Total Funding

Below

Industry Average

Funded Over

2 Rounds

Post IPO Debt funding comparison data is currently unavailable. We're working to provide this information soon!

Post IPO Debt Funding Comparison

Coming Soon

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