[ TRANSACTION RECORD ]

Diamondback Energy Investment in Diamondback Endeavor Assets — 2024

VERIFIED VECTOR ID: 002208 · tx-304
M SOURCE NODE — FUNDER
Diamondback Energy
Energy United States
$26,000,000,000
EQUITY
12/02/2024
Q DESTINATION NODE — RECIPIENT
Diamondback Endeavor Assets
SPV United States
Amount (USD)
$26.0B
Flow Type
EQUITY
Transaction Date
12/02/2024
Primary Source
View Filing ↗
Funder Profile [ M ]
Entity Diamondback Energy
AUM 35000
HQ Location United States
Sector Energy
Recipient Profile [ Q ]
Entity Diamondback Endeavor Assets
Entity Type SPV
Jurisdiction United States
Intelligence Note

Diamondback Energy entered into a definitive agreement to acquire Endeavor Energy Resources for 26 billion dollars, creating a premier Permian Basin producer with a high-quality shale inventory. This transaction focuses on achieving operational scale and efficiency in the domestic energy sector. This deal is a major strategic consolidation in the U.S. shale and energy infrastructure market.

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Primary Forensic Source https://www.diamondbackenergy.com/news-releases/news-release-details/diamondback-energy-inc-acquire-endeavor-energy-resources-lp/
✓ SOURCE LINKED