Diamondback Energy is an independent oil and natural gas company. Its operations are concentrated on the acquisition, development, exploration, and exploitation of unconventional, onshore resources within the Permian Basin, a prolific hydrocarbon-producing region in the United States. The company is headquartered in Midland, Texas.
The company states a focus on accountability, technical expertise, and continuous improvement in its operational approach. It emphasizes safe, responsible operations and environmental stewardship as core principles. In May 2025, the company underwent a leadership transition with Kaes Van't Hof assuming the role of Chief Executive Officer.
