Diamondback says it should be Permian's 'consolidator of choice' as oil outlook dims

Diamondback says it should be Permian’s ‘consolidator of choice’ as oil outlook dims

By Arunima Kumar (Reuters) -Shale driller Diamondback Energy said on Tuesday it should remain the Permian Basin’s “consolidator of choice” as shale activity slows and the company focuses on shareholder returns following its $26 billion merger with Endeavor Energy. “We should naturally be the consolidator of choice as we execute a lower-cost and better overall…

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