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Diamondback Energy plans to sell off $1 billion in non-core assets by the end of 2023, including interests in long-haul pipelines and gathering and processing systems.
ENB earnings call for the period ending March 31, 2023.
Diamondback Stockholders, This letter is meant to be a supplement to our earnings release and is being furnished to the Securities and Exchange Commission (SEC)
Calgary-based midstream giant Enbridge is investing billions to grow its oil and gas pipeline network and storage capacity, President and CEO Greg Ebel told Hart Energy.
The Permian pure play is selling off midstream assets and upstream leasehold that can’t compete for capital in the company’s portfolio, Diamondback Chairman and CEO Travis Stice told investors.