US operator sees ‘no compelling reason to increase activity this year’

Diamondback Energy CEO said their projections have been “spot on” with shale industry performance

Diamondback chief executive Kaes Van't Hof.
Diamondback chief executive Kaes Van't Hof.Photo: DIAMONDBACK ENERGY
Published 5 August 2025, 18:56Updated 6 August 2025, 09:47
Diamondback EnergyTexasPermian BasinUnited StatesAmericas