Diamondback Energy, headquartered in Midland, Texas, focuses on the acquisition and development of unconventional oil and gas reserves in the Permian Basin, covering approximately 607,877 gross acres. The company went public on October 17, 2012, and employs 1,023 full-time staff.
Daniel N Wesson sold 5,000 shares of FANG on 3 June at $142.06 per share, worth a total of $710K. They now own 84,117 FANG shares, or a 6% holding decrease.
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