Diamondback Energy

Diamondback CEO Says Texas Storm Knocked Out Multiple Days of Permian Production

Diamondback CEO Says Texas Storm Knocked Out Multiple Days of Permian Production

Permian Basin pure-play Diamondback Energy Inc.’s oil production is almost back to levels before Texas was stopped in its tracks by last week’s wintry blast, but it will take some time to make up the difference, CEO Travis Stice said Tuesday. Speaking during the fourth quarter conference call, Stice told analysts that Permian oil output…

February 23, 2021