Summer 2027 Corporate Development Intern

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    Diamondback Energy

    The largest pure-play operator in the Permian Basin

    1,001-5,000 employeesFounded 2007Midland, TexasOil and Gas
    Actively hiringPaidSummer 2027Oil and Gas
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    About the role#

    Diamondback Energy is hiring a Corporate Development Intern for the summer of 2027. You will work on an individual project throughout the term, which concludes with a presentation to the executive team. This role provides exposure to acquisitions, divestitures, financial analysis, and corporate strategy within the oil and gas industry.

    What you'll do#

    • Manage an assigned project and present your findings to executives.
    • Learn about A&D, valuation, and deal evaluation with support from an experienced mentor.
    • Help screen and evaluate potential acquisition, divestiture, and joint venture opportunities.
    • Prepare strategic deliverables for senior leadership and the Board of Directors.
    • Coordinate with Finance, Land, Engineering, and Legal teams to understand deal execution.
    • Visit field operations, including active drilling rigs and completion spreads.
    • Track Permian Basin transaction activity and industry trends.

    What you'll need#

    • Enrollment in a bachelor’s degree program or higher in Business Administration, Finance, or a related field.
    • Plans to return to school for the Fall 2027 semester.
    • Proficiency in Excel and PowerPoint.
    • Strong analytical, communication, and interpersonal skills.
    • Ability to work on-site in Dallas, Texas for the duration of the internship.
    • A GPA of 3.40 or higher is preferred.
    • Prior internship experience in finance or M&A is a plus.

    Location & details#

    • Location: Dallas, Texas.
    • Term: Summer 2027 (approximately 12 weeks).
    • Work Modality: On-site.
    • Employment Type: Full-time.

    About Diamondback Energy

    Diamondback Energy is an independent oil and natural gas company. It focuses on the acquisition, exploration, and production of unconventional onshore reserves. The firm operates primarily in the Permian Basin of West Texas. Founded in 2007, the company maintains its headquarters in Midland, Texas. It employs approximately 1,410 people.

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