Did Diamondback buy QEP?
Completes Acquisition of QEP Resources, Inc. MIDLAND, Texas , March 17, 2021 (GLOBE NEWSWIRE) — Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or the “Company”) today announced that it has completed its previously announced acquisition of QEP Resources, Inc.
Who bought QEP?
Diamondback Energy, Inc.
Diamondback Energy, Inc. FANG recently completed the acquisition of QEP Resourcesin an all-stock deal worth $2.2 billion comprising $1.6-billion net debt as of Sep 30. The deal was closed upon fulfilling all the pending approvals and customary conditions.
What does QEP Resources stand for?
Qualified Eligible Participant (investing) QEP. Quality Examination Program. QEP.
What is QEP oil and gas?
QEP Resources – an S&P MidCap 400 Index member company – is an independent crude oil and natural gas exploration and production company. On July 1, 2010, the company’s common shares began trading on the New York Stock Exchange under the ticker symbol “QEP.”
What happen to QEP stock?
As a result of the merger, QEP common stock will no longer be listed for trading on NYSE and its reporting obligations under the Securities Exchange Act of 1934 will be suspended. “We are excited to announce that we have completed our acquisition of QEP.
What happened to QEP?
What companies did Diamondback buy?
Diamondback Energy has completed its all-stock purchase of rival QEP Resources, strengthening its position in the prolific Midland Basin of West Texas. The Midland oil and gas producer on Wednesday said it acquired the Denver-based QEP Resources after QEP stockholders approved the deal on Tuesday.
How do I become a QEP?
Minimum requirements to apply for admission into the QEP written exam process are a baccalaureate or equivalent degree in physical, earth or natural sciences, engineering, or mathematics and five subsequent years of professional environmental work experience, or eight subsequent years of professional environmental work …
Who bought out Diamondback?
Oasis
Oasis is buying out Diamondback Energy’s Bakken assets in all-cash purchase | Oil And Energy | willistonherald.com.