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Travis Stice

Executive Chairman of the Board, Diamondback

Search every verified Travis Stice interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Travis Stice, Executive Chairman of the Board at Diamondback Energy, participated in the company's fourth quarter 2024 earnings call, where he discussed operational and strategic matters. He stated that well productivity in 2025 is expected to be as strong as any recent year, noting that the company has had "banner years" recently. He also addressed the company's capital efficiency, referencing a metric of dollars of capex per barrel of oil equivalent produced, which he described as "truly unique." Regarding the Double Eagle acquisition, Stice said the company took advantage of what was "probably among the last meaningful assets in the Midland Basin," and he characterized the deal as a strategy to consolidate core acreage. On capital allocation, Stice said that at current oil prices, share repurchases represent a "great use of capital," citing that at $70 oil the business generates $20 per share of free cash flow in 2025, which he described as a 12-13% yield. He also noted that the company structured the Viper transaction with a high equity component to avoid leveraging the subsidiary, which he said leaves Viper under-levered to continue consolidating its market.

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