Latest Double Eagle Energy News & Updates

See the latest news and media coverage for Double Eagle. We track all announcements, press releases, and industry mentions in real time, all in one place.

Double Eagle Energy (Double Eagle)

Independent oil and gas company focused on Permian Basin

depermian.com

Headquarters: Fort Worth, United States
Founded year: 2009
Company type: Private company
Number of employees: 125–200
Industry: Oil & Gas Exploration and Production

Last updated Today

Latest news about Double Eagle Energy (Double Eagle)

In short: Double Eagle sold assets to Diamondback Energy for $4.1 billion and launched new $2.5 billion ventures to continue Permian operations.

Company announcements

2 April 2025 Double Eagle

Double Eagle forms DE V & Tumbleweed V, $2.5B equity

Double Eagle V targets Permian oil and gas; Tumbleweed V focuses on royalties, with the same leadership team.

18 February 2025 Double Eagle

Double Eagle announces $4.1 billion deal with Diamondback Energy

Divests equity interest for cash and stock, strengthening Midland Basin leadership.

17 June 2022 Double Eagle

Double Eagle forms Double Eagle IV with $1.7B equity commitments

The partnership includes minority investments from Apollo and Magnetar, targeting Permian Basin oil and gas properties.

5 April 2021 Double Eagle

Double Eagle announces $6.4 billion divestiture in the Midland Basin

The company sells all leasehold interests to Pioneer Natural Resources for approximately $6.4 billion in stock and cash.

Media coverage

21 June 2025 Nasdaq

Diamondback Eyes $5B Acquisition of Double Eagle in Permian Basin

Diamondback Energy, Inc. FANG, a prominent U.S. oil player, is reportedly in discussions to acquire Double Eagle, a West Texas crude producer. This potential acquisition...

2 April 2025 Business Wire

Double Eagle Energy and Tumbleweed Royalty Announce the Formations of Double Eagle Energy Holdings V & Tumbleweed Royalty V With $2.5 Billion of Equity Committed

FORT WORTH, Texas & HOUSTON--(BUSINESS WIRE)--EnCap Investments L.P. ("EnCap") and the team behind the Double Eagle family of companies ("Double Eagle") announced today that they...

2 April 2025 Business Wire

Double Eagle Energy and Tumbleweed Royalty Announce the Formations of Double Eagle Energy Holdings V & Tumbleweed Royalty V With $2.5 Billion of Equity Committed

The expansion of capital will provide for acceleration of Double Eagle’s core strategy of acquiring and developing top-tier, accretive drilling opportunities in the Permian Basin.

29 May 2024 Dallas Innovates

$4B+ Deal: Fort Worth's Double Eagle Sells Oil & Gas Assets to Diamondback Energy for $3B Cash, 6.9M Shares » Dallas Innovates

“As a result, Diamondback expects ... this accelerated development plan.” · Diamondback also said it plans to sell $1.5 billion of non-core assets to accelerate...

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