Diamondback's CEO views the merger as a strategic move to cr...
Diamondback's CEO views the merger as a strategic move to create a 'must own' North American independent oil company. The deal is part of a larger trend of consolidation in the energy sector, driven by higher oil prices and a rush to secure prime acreage.
Permian Rivals Reach Deal to Create $50 Billion Oil-and-Gas Behemoth -- Update
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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