Latest News and Analysis
Deals and Transactions
Track Drilling (Rigs by operator) | Completions (Frac Spreads)

General News | Deals - Acquisition, Mergers, Divestitures

Diamondback Finalizes $9.2B Acquisition of Energen

emailEmail    |    printPrint    |    bookmarkBookmark
   |    Thursday,November 29,2018

Diamondback Energy has completed its $9.2B all-stock acquisition of Energen Corp.

Click here to access the deal in Shale Experts' M&A Database

The merger was previously approved by Diamondback stockholders and Energen shareholders at special meetings held on November 27, 2018.

Each eligible share of Energen’s common stock issued and outstanding immediately prior to the effective time of the merger was converted into the right to receive 0.6442 of a share Diamondback’s common stock, with cash in lieu of any fractional shares.


Recent Deals/Transactions

Date Annouced Category Headline Buyer(s) Seller(s) Value ($mm)
07/10/2025 E&P Mach Resources Buys San Juan Gas Asset for $787 Million 
07/10/2025 E&P Mach Enters Permian Basin, Buys PE_backed Sabinal Assets for $500 Million 
06/05/2025 E&P Vermillion Energy Exits US, Sells Power River Basin Asset 
05/30/2025 E&P EOG Acquires Utica Liquids Focus Encino For $5.6 Billion 
05/13/2025 E&P TXO Partners Acquires White Rock Assets in the Elm Coulee Field 
05/07/2025 E&P Permian Resources Bolt-On Assets From APA Corp 
05/03/2025 E&P Riley Permian Acquires PE-Backed Silverback II For $142million 
04/22/2025 E&P EQT Acquires Olympus Energy Assets For $1.8 Billion 
04/01/2025 E&P TG Natural Resources Acquires Interest in Chevron’s Haynesville Asset 
03/24/2025 E&P Validus Energy Continues Buying Spree, Takes Out Anadarko Basin-Focused 89 Energy III 
Total

Latest Transaction News