Diamondback Flexes Equity Muscles in $3.3 Billion Lario, FireBird Deals
Diamondback, Marathon Oil and Devon have dominated second-half M&A thanks to higher EBITDA multiples and yields than smaller E&P competitors can offer.
Source: hartenergy.com
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Analysts: Diamondback Feeds the Inventory Beast with $1.6 Billion Bolt-On
The deal adds inventory to Diamondback Energy—the second largest oil producer in Texas—that compares in quality to the company’s prodigious Spanish Trail acreage, analysts said.
Source: hartenergy.com