Diamondback Says Oil Production Growth Would Require Spending Above Q4 Capex Levels; Sees Role In West Texas Data Center Buildout; Expects Permian Gas To Gain Value As LNG, Power Demand Grows Over Next Decade
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Why It Matters
Diamondback would need to spend more money to grow oil production further. The company also sees chances to make money from data centers and natural gas over the next ten years.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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