Endeavor

Oil and Gas: Diamondback Energy to acquire Endeavor Energy Resources for $26 billion – Uptrends

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Oil and Gas: Diamondback Energy to acquire Endeavor Energy Resources for billion – Uptrends

Diamondback Energy Inc. surged more than 10% after agreeing to buy fellow Permian Basin driller Endeavor Energy Resources LP in a $26 billion deal that’ll create the largest explorer focused exclusively on the western hemisphere’s busiest oil field. The agreement swells the value of recent shale takeovers to roughly $150 billion as oil executives scramble … Read more

Who is Autry Stephens? Endeavor Energy founder who is becoming oil’s wealthiest driller – Uptrends

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Who is Autry Stephens? Endeavor Energy founder who is becoming oil’s wealthiest driller – Uptrends

Over the past six decades, Autry Stephens has worn nearly every hat in the oil industry, from trucker to driller to engineer. Now he’s poised to don the crown of America’s richest oil tycoon. On Monday Diamondback Energy Inc. agreed to buy Stephens’s Endeavor Energy Resources LP for $26 billion in cash and stock. The … Read more