Diamondback Energy, Inc. (FANG)

About Diamondback Energy, Inc. (FANG)

Company Description:

 

Diamondback Energy, Inc. is a leading player in the oil and natural gas sector, specializing in hydrocarbon exploration. The company primarily focuses on the acquisition, development, exploration, and exploitation of unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas.

Founded in 2007, Diamondback Energy is headquartered in Midland, Texas, United States, reflecting its strategic focus on the significant hydrocarbon resources in this region.

 

Main Product(s):

 

As an oil and gas exploration and production company, Diamondback Energy's main products are crude oil, natural gas, and natural gas liquids.

 

Short History of Diamondback Energy, Inc:

 

  • 2007 – Diamondback Energy was founded, focusing on the Permian Basin.
  • 2012 – The company went public, trading on NASDAQ under the ticker symbol “FANG”.
  • 2018 – Acquired Energen Corporation, significantly expanding its holdings in the Permian Basin.
  • 2020s – Continued growth and expansion of operations, emphasizing sustainability and modern extraction techniques.

Key Executives:

NameTitlePayExercisedYear Born
Mr. Travis D. SticeCEO & Chairman of the Board3.52MN/A1962
Mr. Matthew Kaes Van't HofPresident & CFO1.35MN/A1987
Mr. Daniel N. WessonExecutive VP & COO1.14MN/A1984
Ms. Teresa L. DickChief Accounting Officer, Executive VP & Assistant Secretary986.08kN/A1970
Mr. P. Matt ZmigroskyExecutive VP, Chief Legal & Administrative Officer and Secretary1.14MN/A1979
Mr. David L. CannonSenior Vice President of Geoscience & TechnologyN/AN/AN/A
Mr. Adam T. LawlisVice President of Investor RelationsN/AN/AN/A
Mr. Jere W. Thompson IIISenior Vice President of Strategy & Corporate DevelopmentN/AN/AN/A
Mr. Johnny D. DosseyVice President of MarketingN/AN/AN/A
Mr. David MeekVice President of Human ResourcesN/AN/AN/A

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