Tag: Endeavor

Endeavor Swings to Net Loss of $303.5 Million in Q1

Despite benefitting from demand for its sports and entertainment content, live events and premium experiences, Endeavor Group Holdings swung to a net loss of $303.5 million in its first quarter of 2024, compared to a profit of $36.26 million a year ago. The net loss included $92.65 million in restructuring and impairment charges, $25.6 million […]

Diamondback Energy Will Buy Permian Rival Endeavor For $26 Billion

Diamondback Energy (FANG) on agreed to buy privately held Endeavor Energy Resources on Monday for $26 billion including debt, creating a new Permian Shale giant and the latest in a flurry of big recent energy deals. FANG stock rose modestly. X Diamondback will pay 117.3 million FANG shares and $8 billion cash for Endeavor, founded […]