HOUSTON, TEXAS (Editors at Energy Analytics Institute, 18.Feb.2025) — Diamondback Energy, Inc. entered into a definitive agreement to acquire certain subsidiaries of Double Eagle IV Midco, LLC in exchange for 6.9 million shares of Diamondback common stock and $3bn of cash. The transaction is slated to close on 1 Apr. […]
Tag: Double Eagle
EnCap and Double Eagle Form Double Eagle IV with over $1.7bn in Equity Committed
(Double Eagle, 17.Jun.2022) — EnCap Investments L.P. and the team behind the Double Eagle family of companies have entered into a strategic partnership to form Double Eagle Energy Holdings IV, LLC and Tumbleweed Royalty IV, LLC. The new entities have also received minority investments from Apollo Natural Resource funds, Magnetar […]
Double Eagle Announces $6.4bn Divestiture in the Midland Basin
(Double Eagle, 5.Apr.2021) — Double Eagle III Midco 2 LLC, wholly owned by DoublePoint Energy, LLC, announced that it has entered into a definitive purchase agreement to sell all leasehold interests, subsidiaries and related assets to Pioneer Natural Resources Company (NYSE:PXD). This transaction is valued at approximately $6.4bn as of […]