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Travis D. Stice

CEO, Chairman of the Board at Diamondback Energy
Board
Since January 2012
Age
63 years
Education
Graduated from Texas A&M University with a Bachelor of Science degree in Petroleum Engineering.
Tenure
Joined FANG in January 2012 as CEO, became a director in November 2012, and was promoted to Chairman of the Board in February 2022.

Also at Diamondback Energy

DNW
Daniel N. Wesson
EVP, Chief Operating Officer
MKVH
M. Kaes Van’t Hof
President and CFO
PMZ
P. Matt Zmigrosky
EVP, Chief Legal and Administrative Officer, Secretary

About

Travis D. Stice has built a remarkable career in the oil and gas industry over several decades, currently recognized as a leading executive in FANG. Now 63 years old as of 2025 , he combined his strong technical background—having graduated from Texas A&M University with a Bachelor of Science in Petroleum Engineering —with many years of industry and management experience.

He began his professional journey at Mobil Oil in 1985 and progressed through several influential roles at Burlington Resources and ConocoPhillips before joining FANG in January 2012 as CEO. Soon after, he became a director in November 2012 and later advanced to the role of Chairman of the Board in February 2022 , demonstrating his steady rise through the company ranks.

Throughout his tenure at FANG, he has played an instrumental role in steering the company through transformational growth, consolidating his reputation for strategic decision-making and operational excellence. His leadership has not only influenced corporate strategy but has also extended to important roles at key subsidiaries, reinforcing his broad industry expertise.

Dedicated to both corporate success and community engagement, his involvement on various industry boards and local organizations underscores a commitment to fostering innovation, transparency, and shared progress within the broader energy community.

$FANG Performance Under Travis D. Stice

Past Roles

Organization Role Date Range Details
Diamondback Energy, Inc. President and Chief Operating Officer (COO) April 2011 - January 2012 Position ended due to promotion to CEO
Apache Corporation Production Manager November 2010 - April 2011 N/A
Laredo Petroleum Holdings, Inc. Vice President September 2008 - September 2010 N/A
ConocoPhillips/Burlington Resources Mid Continent Business Unit Development Manager April 2006 - August 2008 N/A
Burlington Resources Various roles Until March 2006 Held positions until acquisition by ConocoPhillips
Mobil Oil Various roles Starting in 1985 Started his career at Mobil Oil

External Roles

Organization Role Date RangeDetails
Viper Energy Partners LP Chief Executive Officer and Director N/APublicly traded subsidiary of Diamondback Energy
Dynamic Catholic Institute Board Member N/AN/A
Midland Chamber of Commerce Board Member N/AN/A
Permian Basin Medical Center Board Member N/AN/A
Midland College Foundation Board Member N/AN/A

Fixed Compensation

Data from  FY 2026
Component NameAmountPayment ScheduleAdditional Details
Annual Base Salary$900,000 AnnuallyFixed annual salary as Executive Chairman
Time-Based Restricted Stock Units$3.12 million Based on vesting scheduleTarget grant date value $7.8 million with 40% allocated as time-based RSUs; vesting schedule not detailed

Performance Compensation

Data from  FY 2026

Performance-Based Restricted Stock Units

  • Performance Metric: Total Stockholder Return (TSR) measured against a designated peer group over the performance period January 1, 2024 – December 31, 2026.

  • Thresholds and Targets:

    • Relative TSR Percentile:

      • Below 25th percentile: 0% of target.
      • Between 25th and 75th percentile: Payout ranges from 50% to 150% of target (linear interpolation).
      • At or above 75th percentile: 200% of target.

    • Absolute TSR Modifier:

      • Below 0%: 75%.
      • Between 0% and 15%: 100%.
      • Above 15%: 125%.

  • Vesting Schedule: Awards cliff vest at the end of the performance period on December 31, 2026 subject to continued employment.

  • Additional Details: No specific information is provided regarding the grant date, grant date fair value, grant date stock price, or exact share quantities for the performance-based RSUs.