The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

The oil and natural gas company reached an agreement with Double Eagle in exchange for 6.9 million shares of its common stock ...

Diamondback Energy has announced a definitive agreement to acquire subsidiaries of Double Eagle IV Midco, marking an ...

Double Eagle's co-CEO is a major Texas Tech booster who helped the Red Raiders recruit one of the top-ranked transfer portal ...

Diamondback Energy's buyout of Double Eagle could signal the winding down of the rapid consolidation of the Permian Basin ...

With ample gas production and surface acreage, Diamondback Energy is working to lure power producers and data center builders ...

Diamondback Energy Inc. will expand in the Permian Basin after agreeing to acquire subsidiaries of closely held Double Eagle ...

Fort Worth-based Double Eagle owns more than 95,000 net acres in the Midland portion of the Permian Basin and is one of the ...

Diamondback Energy Inc. is closing in on a deal to acquire closely held West Texas oil producer Double Eagle in a bid to ...

Diamondback Energy is set to buy Double Eagle IV Midco LLC subsidiaries for $4.1 billion, enhancing its Midland Basin assets.

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Diamondback Energy is in advanced negotiations to acquire Double Eagle, a Permian Basin oil producer, in a deal valued at ...