Energen Corp. Bought for a Premium, $9.2 Billion

Diamondback Energy Inc. on August 14 agreed to buy Energen Corp. for $9.2 billion. Energen — based in Birmingham, Alabama’s sixth largest public company — has been focused on drilling for oil in the Permian Basin of west Texas. Diamondback, based in Midland, Texas, has been one of Energen’s closest competitors in the Permian Basin…

Thank you for reading!

To continue reading this article you must be registered and logged into this site. If you already have an account please login now, otherwise you can click here to register for new account. Registration is FREE.

Login       Register

The latest Alabama business news delivered to your inbox