Profile

Diamondback Energy is a company engaged in hydrocarbon exploration. It is organized in Delaware and headquartered in Midland, Texas. As of December 31, 2019, the company had 1,127 million barrels of oil equivalent of estimated proved reserves, of which 63% was petroleum, 17% was natural gas, and 20% was natural gas liquids. The company's reserves are all in the Permian Basin.