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Diamondback raised its non-core asset sale target to $1 billion from $500 million in February.

'Lario is an attractive bolt-on to our existing Martin County position, home to some of the best rock in the Permian Basin'.

Diamondback collected $556 million in net income for the second quarter.

Diamondback Energy borrowed $5.5 billion in the U.S. investment-grade market to partly help fund its $26 billion takeover of Endeavor Energy Resources.

Diamondback will fund the deal with 117.3 million shares and $8 billion in cash.

Diamondback and Endeavor are in final discussions toward a deal that would create an oil-and-gas giant worth more than $50 billion.

The U.S. competition regulator launched an anti-trust review of Diamondback's $26 billion acquisition of fellow Permian player Endeavor.

The JV results in an integrated midstream water infrastructure network with over 800 miles of pipelines.

A wave of new oil refining capacity that's coming on stream won't be enough.

At any other time in history, the current state of the global diesel market would have sent some countries into a panic.