Diamondback Energy Stock Rises After Deal to Acquire Endeavor—Key Chart Pattern to Watch
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Diamondback Energy shares rose in pre-market trading Monday after announcing a $26 billion merger deal with Endeavor Energy Resources. Monitor for breakouts from this key chart pattern.
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Diamondback Energy shares rose in pre-market trading Monday after announcing a $26 billion merger deal with Endeavor Energy Resources. Monitor for breakouts from this key chart pattern.
The combined company would be the third-largest oil and gas producer in the region behind Exxon and Chevron, with both firms having announced recent deals.
Diamondback Energy will buy rival Endeavor Energy Resources in a cash-and-stock deal valued at about $26 billion to create a drilling giant in the Southwestern United States.
Diamondback Energy will attempt to buy rival Endeavor Energy Resources to create an energy giant in the Southwestern United States worth more than $50 billion.
Diamondback Energy will buy rival Endeavor Energy Resources in a cash-and-stock deal valued at about $26 billion to create a drilling giant in the Southwest United States. Growing confidence in an economic recovery, particularly in the U.S.
