Diamondback Energy is looking for new outlets for its Permian Basin natural gas, including power generation for data centers.
Kaes Van't Hof, Diamondback CFO, said the message is clear from FANG investors.
鈥淚t鈥檚 time to stop selling gas at zero and diversify our risk,鈥� he said during the company鈥檚 third-quarter earnings call on Nov. 5. 鈥淭hat鈥檚 what we鈥檙e going to do, particularly as more and more gas gets produced in this basin.鈥�
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