Diamondback Energy, Inc. is an independent oil and natural gas company, which engages in the acquisition, development, exploration, and exploitation of unconventional, onshore oil, and natural gas reserves. The company is headquartered in Midland, Texas and currently employs 1,983 full-time employees. The company went IPO on 2012-10-17. The firm's activities are primarily directed at the horizontal development of the Wolfcamp and Spraberry formations in the Midland Basin and the Wolfcamp and Bone Spring formations in the Delaware Basin, both of which are part of the larger Permian Basin in West Texas and New Mexico. Additionally, its subsidiary, Viper Energy, Inc., owns oil and natural gas properties primarily in the Permian Basin. Its total acreage position in the Permian Basin consists of approximately 7,77,181 net acres in the Midland Basin and approximately 123,218 net acres in the Delaware Basin. The firm's subsidiaries include Rattler Midstream GP LLC, Rattler Midstream LP, and QEP Resources, Inc.

Diamondback Energy, Inc. adalah perusahaan minyak dan gas alam independen yang bergerak dalam akuisisi, pengembangan, eksplorasi, dan eksploitasi cadangan minyak tidak konvensional dan gas alam darat. Perusahaan ini berkantor pusat di Midland, Texas, dan saat ini mempekerjakan 1.983 karyawan penuh waktu. Perusahaan ini melangsungkan penawaran umum perdana (IPO) pada tanggal 17 Oktober 2012. Kegiatan perusahaan terutama diarahkan pada pengembangan horizontal formasi Wolfcamp dan Spraberry di Midland Basin serta formasi Wolfcamp dan Bone Spring di Delaware Basin, yang merupakan bagian dari Permian Basin yang lebih besar di Texas Barat dan New Mexico. Selain itu, anak perusahaannya, Viper Energy, Inc., memiliki properti minyak dan gas alam terutama di Permian Basin. Total posisi lahan perusahaan di Permian Basin terdiri dari sekitar 777.181 hektar bersih di Midland Basin dan sekitar 123.218 hektar bersih di Delaware Basin. Anak perusahaan perusahaan ini termasuk Rattler Midstream GP LLC, Rattler Midstream LP, dan QEP Resources, Inc.

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