Diamondback Energy, Inc.FANG

Diamondback Energy focuses on the acquisition, exploration, and production of unconventional onshore oil and natural gas in the Permian Basin. Operations target the Spraberry, Wolfcamp, and Bone Spring formations across West Texas and New Mexico. The company controls over 524,700 gross acres in the Permian, with interests in thousands of producing wells. It also holds extensive mineral interests in the Permian and Eagle Ford Shale, alongside midstream assets including gathering pipelines and water systems.