Business
Diamondback And Endeavour Energy, A Rival In Shale Oil, Reach A $26 Billion Agreement
The leading U.S. shale oilfield is rapidly consolidating as U.S. oil producer Diamondback Energy (FANG.O), announced on Monday that it would acquire privately owned rival Endeavour Energy Partners for $26 billion in cash and stock. In the Permian Basin of West Texas and New Mexico, the combined business would rank Read more…