Diamondback Buying Endeavor In $26B Permian Megamerger

By Al Barbarino (February 12, 2024, 7:57 AM EST) -- Diamondback Energy Inc. said Monday it has agreed to buy Endeavor Energy Resources LP in a cash-and-stock deal valued at approximately $26 billion, inclusive of Endeavor's net debt, to create the premier independent operator in the Permian Basin....

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