Energy and oilUpdated November 3

CEO says Diamondback will keep costs low in 2027 in case oil shifts

The steady drilling plan is not the whole of Diamondback’s approach to 2027. CEO Kaes Van’t Hoff says the company’s strategy is to keep its cost structure low next year in case the oil market unexpectedly shifts again. It’s preparation for a possible turn, while activity is planned to stay level.

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Coverage started November 3