Diamondback Energy IncCEO defends shale growth and plans to add drilling rigs, indicating increased supply

Kaes Van't Hof, the 39-year-old CEO of Diamondback Energy, has become the de facto spokesman for the US shale industry through his outspoken social media presence and public advocacy. Van't Hof, who took the helm of one of America's largest oil explorers a year ago, has pushed back against critics including Joe Rogan and Senator Bernie Sanders while urging the Trump administration to shield the sector from tariff disruptions. His rise fills a perceived void in an industry that lacked a media-savvy leader, and he has used the platform to defend oil workers and argue that US shale still has room to grow despite warnings of peak production. Diamondback, which he helped build from a small IPO candidate into a company valued at more than $50 billion, recently announced plans to add drilling rigs even as oil prices retreat and shareholders remain wary of increased spending. Van't Hof acknowledges the need for technological breakthroughs or sustained high prices to reverse slowing output growth, but he remains optimistic about the sector's longevity.
Diamondback Energy IncCEO defends shale growth and plans to add drilling rigs, indicating increased supply
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