Diamondback Energy FANG

EnergyMarket cap $52B3 connections

Diamondback Energy is one of the most efficient Permian Basin oil producers, with 1M+ acres in the core of the Midland and Delaware basins. Its acquisition of Endeavor Energy Resources created the largest pure-play Permian operator. Diamondback's break-even oil price below $40/barrel means it generates enormous cash at current oil prices. Its inventory of 10,000+ premium drilling locations provides decades of growth.

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Customers 1

Companies Diamondback Energy sells to

Phillips 66Energy · $102BPermian crude to refiners

Competitors 2

Companies it competes with

EOG ResourcesEnergy · $74BPermian Basin competition
APA CorporationIndustrial & Defense · $15BPermian oil

Other Energy companies

Saudi Aramco ExxonMobil Chevron Shell plc NextEra Energy ConocoPhillips TotalEnergies Marathon Petroleum Valero Energy Phillips 66

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Relationships are compiled by VexMap from company filings, announcements and reporting, and last reviewed September 2026. Spotted something wrong? Tell us. Not investment advice.