Energy Giants on a Buying Spree: Who’s Next?

Oil M&A Is Hot. Here are Some Possible Targets

Diamondback Energy made waves in the energy market this week with its $26 billion acquisition of private oil and gas producer Endeavor. This move has solidified Diamondback’s position as one of the leading drillers in the Permian Basin of Texas and New Mexico. The energy industry’s merger and acquisition trend has been on fire in 2024, with a whopping $40 billion in deals already signed.