Any lay offs coming from this?

expect 40% cut from both sides

Feb 11 (Reuters) - Permian rivals Diamondback Energy and Endeavor Energy Resources are close to finalizing a merger that would create an oil and gas company that could be valued at more than $50 billion, the Wall Street Journal reported on Sunday. A... — read more 

https://www.reuters.com/markets/deals/conocophillips-weighs-crownrock-bid-challenge-rivals-2023-10-26/ "CrownRock's investment bankers have asked interested parties to submit initial offers next week, two of the sources added." "Diamondback Energy... — read more 

BD person here, hate to break it to everyone early but news will break this week about Shell buyout, big deals are coming and unfortunately we are next in line.

$190/share

Are the rumors true?

Pioneer is just the rumor, we are the target…

Been hearing a bunch of whispers about a buyout. Anyone else?

Are we buying Crownquest?

Is there any chance they will offer them? That's all I need from this company.

I got pushed along the way from the recent buyout. So far I'm not happy with what I've seen on how DB handles the transition. Anybody else?

Self absorbed leadership. I know it will be over soon.

Seems like no secret is safe here..this true?

Diamondback isn't paying their bills in a timely manner. Analysts on Wall Street don't have a clue what really goes on in the Permian. Imho Diamondback is in a major cash crunch and is masking it somehow.

Quote: "We are aggressively pursuing costs cuts and expect an overall reduction of at least 20%" - there is your number for 2015 layoffs, 20% of staff in my opinion

40,000 net acres bought from J. Cleo is 2016

https://www.thelayoff.com/t/18w6OK3c

Did Diamondback purchase Pioneer Natural Resources Delaware assets?

2nd Q

Who's going to be lucky 2001?

:(