UPDATE 2-Diamondback to buy Energen in $9.2 bln deal to boost Permian presence
August 14, 2018 at 18:11 PM EDT
U.S. oil and gas producer Diamondback Energy Inc on Tuesday agreed to buy shale rival Energen Corp in an all-stock deal valued at $9.2 billion, giving it an expanded footprint in the country's largest and fastest growing oil field.