Full-Time
Acquires and produces oil and natural gas
No salary listed
Entry, Junior
No H1B Sponsorship
Midland, TX, USA
This position is not eligible for relocation assistance.
Diamondback Energy focuses on acquiring, developing, exploring, and producing oil and natural gas from unconventional reserves located onshore in the Permian Basin of West Texas. The company operates by identifying and securing land with potential oil and gas resources, then utilizing advanced drilling techniques to extract these resources efficiently. Unlike many competitors, Diamondback emphasizes its operational efficiency and cost management, which allows it to maintain profitability even in fluctuating market conditions. The company's goal is to maximize shareholder value through responsible resource development while maintaining a commitment to environmental stewardship.
Company Size
501-1,000
Company Stage
IPO
Headquarters
Midland, Texas
Founded
2007
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Relocation Assistance
Gas prices are displayed at a gas station in Streamwood, Ill. (AP Photo/Nam Y. Huh) Copyright 2025 The Associated Press. All rights reserved.For the first time in more than a decade, U.S. crude oil production is projected to decline in the coming year. That’s not just a headline—it’s a flashing warning light for policymakers, investors, and the broader economy
imaginima/Getty Images With crude prices at multi-year lows, the US oil industry is at a "tipping point," a top energy exec said. A historic production boom is at jeopardy if prices don't stabilize. America's oil boom is at a crosrroads, according to a top industry executive. The CEO of Diamondback Energy warned that tumbling oil prices will depress US crude output, predicting that American onshore production has peaked. Prices hit a four-year low on Monday, with WTI crude trading below $60 a barrel since the start of May. "On an inflation-adjusted basis, there have only been two quarters since 2004 where front month oil prices have been as cheap as they are today (excluding 2020 which was impacted by the global pandemic)," Travis D
The head of the largest independent oil producer in the Permian Basin predicts US shale production has peaked and will likely decline from here as oil prices hovers near four-year lows. "We have a very good view of what the US looks like. And right now that's a business that's slowing dramatically and likely declining in terms of production," Diamondback Energy (FANG) CEO Travis Stice said during the company's earnings call on Tuesday morning. Stice, who is slated to step down and become executive chairman later this month, issued a shareholder letter on Monday in which he pointed to declining crew count activity in the Permian Basin as an indicator that "production has peaked" and will begin to decline this quarter. "We know a lot of people in the business," Stice told analysts. "Every single conversation I've had with
MIDLAND, Texas (KOSA) - Diamondback Energy is partnering with Midland College to support the Texas A&M Engineering Academy.
APA Corporation is a U.S.-based oil and gas company involved in fracking, competing with firms like Devon Energy and Diamondback Energy.