MICAELA DIAMOND

Mar 31 2026FINANCE

Oil Stocks Get a Boost from Middle East Tensions

Diamondback Energy has seen its stock rise sharply in the past year, climbing nearly 30% and hitting record highs. The company operates mostly in the Permian Basin, one of the most productive U. S. oil fields, where it drills and acquires new wells. With Middle East conflicts driving up global energ

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Nov 15 2024BUSINESS

Diamond Sports Group Emerges from Bankruptcy with Less Debt and New Strategy

Diamond Sports Group, owners of regional sports networks, has gotten the green light to emerge from bankruptcy. This happened at a recent hearing in US Bankruptcy Court in Houston. The company entered Chapter 11 in March 2023 with a massive debt of $8. 67 billion. Now, they are leaving with much les

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