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Energy explorer Diamondback agreed to acquire privately held oil and gas producer Endeavor, which has prime locations in the Permian Basin.
Today's “Halftime Report” Investment Committee, Jim Lebenthal, Joe Terranova and Steve Weiss give their top picks to watch for the second half.

Giant Oil & Gas Merger Sends Stock Higher

11:21am, Monday, 12'th Feb 2024
Diamondback Energy Inc (NASDAQ:FANG) stock is shooting higher today, after reports that the oil and gas name is acquiring Endeavor Energy for $26 billion.

Another Oil Giant Emerges In The Permian Basin

10:56am, Monday, 12'th Feb 2024
Midland-based Diamondback Energy FANG was already a big upstream company in the prolific Permian Basin which straddles the border between West Texas and Southeast New Mexico. But the company led by CE
Diamondback Energy (NASDAQ: FANG ) stock rose after the oil producer said it would pay $26 billion for privately held Endeavor Energy. The cash and stock deal, with Diamondback holding a majority stak
Diamondback Energy (FANG) shares rose in pre-market trading Monday after the company announced plans for a merger with Endeavor Energy Resources, the latest in a string of big energy sector deals in r
Texas oil and natural gas firm Diamondback Energy announced Monday it will buy its privately held competitor Endeavor Energy in an agreement valuing the latter at roughly $26 billion, the latest massi
Diamondback Energy Inc (NASDAQ:FANG, ETR:7DB) has agreed to pay $26 billion to take control of Endeavor Energy Resources, beating to the punch ConocoPhillips (NYSE:COP, ETR:YCP) to secure one of the
The combined company would be the third-largest oil and gas producer in the region behind Exxon and Chevron, with both firms having announced recent deals.
Diamondback Energy will purchase fellow Texas oil-and-gas producer Endeavor Energy through a $26 billion deal that will create the largest pure-play operator in the Permian Basin. Bloomberg Opinion co
Diamondback Energy on Monday decided to buy the largest privately held oil and gas producer in the Permian basin, Endeavor Energy Partners, in a cash-and-stock deal for about $26 billion, including de
Diamondback Energy Inc. and Endeavor Energy Resources are reportedly in the late stages of deal talks that would see the shale rivals form a massive company.
Permian rivals Diamondback Energy and Endeavor Energy Resources are close to finalizing a merger that would create an oil and gas company which could be valued at more than $50 billion, the Wall Stree
Barron's First New-Year Roundtable, published 1/11/24, listed 8 stocks of note for 2024. The follow-up article published 1/22/24 mentioned 27 more and included a buy-recommendation from Andrew Bary fo
Diamondback Energy (FANG) closed at $149.62 in the latest trading session, marking a -0.4% move from the prior day.
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