Devon Energy emphasized that Oklahoma’s Anadarko Basin has clear structural advantages, particularly its gas positioning and freedom from Waha-style takeaway bottlenecks, making it increasingly attractive in a strengthening gas market. While interest in the basin is rising, Devon said it is regularly assessing its long-term portfolio fit, keeping the door open to future M&A without signaling any immediate plans to exit.

Diamondback Energy’s Q3 2025 commentary delivered one of the clearest signals yet about where the Permian is heading—and who is best positioned to win. The company emphasized that the Midland Basin is its core engine, backed by unmatched cost structure, full-zone co-development, record-breaking drilling efficiency, and a deep inventory of high-return locations.

Diamondback Energy continues to advance its Reagan County footprint, with new activity pointing toward the next stage of development in Block H, one of the core zones acquired through the Double Eagle IV acquisition.

Diamondback Energy (NASDAQ: FANG) continues to prove the strength of its contrarian strategy—acquiring quality Permian assets during downturns to drive long-term value and free cash flow growth. With disciplined capital allocation, low leverage, and steady 2025 drilling activity, the company is positioned for outsized gains when the next commodity upcycle begins.

Van’t Hof emphasized that the first wave of AI adoption is about automation—saving time and eliminating repetitive tasks. For a company managing thousands of wells, even small administrative processes, like checking and reconciling payments, can become massive time drains. AI tools can automate these workflows, freeing up people for higher-value tasks.

Diamondback Energy is moving quickly to integrate its recently acquired Double Eagle IV assets, with new regulatory filings and well activity signaling a concentrated development push in Reagan County, Texas.

Diamondback Energy announced two major Midland Basin transactions today: the $750M sale of Environmental Disposal Systems to Deep Blue, nearly doubling Deep Blue’s water infrastructure scale, and the $500M sale of its 27.5% stake in EPIC Crude Holdings to Plains All American Pipeline. Together, the moves highlight Diamondback’s strategy of recycling midstream capital while reinforcing its long-term focus on Permian development and sustainable water management.

As Diamondback Energy heads into the second half of 2025, the company stands at the intersection of consolidation, capital discipline, and operational transformation. After a whirlwind year defined by mega-acquisitions and volatile oil prices, the remainder of 2025 is all about execution.

Volatility in commodity markets isn’t just a headline—it shows up in real-world decisions, drilling schedules, and permitting activity. A clear example of this came in Diamondback Energy’s Q1 2025 earnings report, where the company signaled a pivot in response to recent price swings