Diamondback Energy falls to $2.4bn loss on oil price impairment

Texas-based company has three completion crews working to stem production declines in the fourth quarter

Diamondback: Permian player posts significant loss — Diamondback: Permian player posts significant lossPhoto: REUTERS/SCANPIX

Julia Martinez

Houston

Shale Diamondback Energy Permian production USA

Published 3 August 2020, 21:14Updated 3 August 2020, 21:14