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Diamondback Energy Inc (FANG.O)

FANG.O on Nasdaq

88.86USD
23 Aug 2017
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Latest Key Developments (Source: Significant Developments)

Diamondback Energy announces pricing of secondary common stock offering by certain stockholders
Wednesday, 9 Aug 2017 08:29pm EDT 

Aug 9 (Reuters) - Diamondback Energy Inc -:Diamondback Energy announces pricing of secondary common stock offering by certain stockholders.Announced pricing of an underwritten public offering of 3 million shares of its common stock by certain selling stockholders.Says gross proceeds from sale of shares by selling stockholders will be approximately $277.8 million.  Full Article

Diamondback Energy launches secondary common stock offering by certain stockholders
Wednesday, 9 Aug 2017 04:48pm EDT 

Aug 9 (Reuters) - Diamondback Energy Inc :Diamondback Energy Inc says launch of an underwritten public offering of 3 million shares of its common stock by certain selling stockholders.  Full Article

Black Mountain Sand announces multi-year supply contract with Diamondback Energy
Thursday, 3 Aug 2017 02:09pm EDT 

Aug 3 (Reuters) - Black Mountain Sand LLC::Black Mountain Sand LLC announces multi-year supply contract with Diamondback Energy Inc.Has entered into new multi-year supply contract with diamondback energy, inc beginning in early 2018​.  Full Article

Diamondback Energy Q2 earnings per share $1.61
Tuesday, 1 Aug 2017 04:01pm EDT 

Aug 1 (Reuters) - Diamondback Energy Inc :Diamondback Energy, Inc. announces second quarter 2017 financial and operating results.Q2 adjusted earnings per share $1.61.Q2 earnings per share view $0.91 -- Thomson Reuters I/B/E/S.Q2 revenue $269 million versus I/B/E/S view $263.8 million.Q2 earnings per share $1.61.Diamondback Energy Inc - ‍increasing full year 2017 production guidance to 74.0 - 78.0 mboe/d, up 5% from prior full year guidance midpoint​.Diamondback Energy Inc - ‍lowering full year 2017 capex guidance to $800 - $950 million from $800 million - $1.0 billion previously​.Diamondback Energy Inc - ‍diamondback's q2 2017 production was 77.0 mboe/d, up 109% year over year from 36.8 mboe/d in q2 2016​.Diamondback Energy Inc - ‍during q2 of 2017, diamondback averaged eight operated rigs, drilled 34 gross horizontal wells​.Diamondback Energy Inc - ‍during q2 of 2017, co turned 35 operated horizontal wells to production​.Diamondback Energy Inc - ‍in may 2017, company added a ninth operated rig, which began operating in midland basin​.Diamondback energy inc - ‍Diamondback plans to maintain an eight to nine rig cadence in current commodity price environment​.  Full Article

Viper Energy Partners announces public offering of common units
Monday, 17 Jul 2017 04:19pm EDT 

July 17 (Reuters) - Viper Energy Partners Lp :Viper Energy Partners LP, a subsidiary of Diamondback Energy Inc announces public offering of common units.Viper Energy Partners LP says Viper has commenced an underwritten public offering of 11 million common units.Viper Energy Partners LP - ‍Diamondback has indicated its interest in purchasing up to a total of 3.3 million common units offered by Viper​.Viper Energy - intends to use net proceeds to repay outstanding borrowings under revolving credit facility, to fund portion of pending acquisitions.Viper Energy Partners - ‍affiliate of Viper's general partner has indicated its interest in purchasing up to a total of 3 million common units from offering​.  Full Article

Diamondback Energy Q1 earnings per share $1.46
Tuesday, 2 May 2017 04:01pm EDT 

May 2 (Reuters) - Diamondback Energy Inc :Diamondback Energy, Inc. Announces first quarter 2017 financial and operating results.Q1 earnings per share $1.46.Q1 revenue $235 million versus I/B/E/S view $218.9 million.Q1 earnings per share view $0.60 -- Thomson Reuters I/B/E/S.Diamondback Energy Inc says Q1 2017 production of 61.6 mboe/d (75% oil), up 19% over q4 2016 with 13% quarterly organic growth.Diamondback Energy Inc says Diamondback expects full year 2017 production to be between 69.0 mboe/d and 76.0 mboe/d.Sees a total capital budget of between $800.0 million to $1.0 billion in 2017.  Full Article

Brigham resources LLC reports 6.7 percent passive stake in Diamondback Energy as of Feb 28, 2017
Monday, 13 Mar 2017 06:31pm EDT 

Diamondback Energy Inc : Brigham Resources LLC reports a 6.7 percent passive stake in Diamondback Energy Inc as of february 28, 2017 - SEC filing Further company coverage: [FANG.O] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Diamondback Energy reports Q4 EPS $0.32
Tuesday, 14 Feb 2017 04:20pm EST 

Diamondback Energy Inc : Diamondback Energy announces fourth quarter 2016 financial and operating results . Q4 earnings per share $0.32 . Q4 earnings per share view $0.54 -- Thomson Reuters I/B/E/S . Q4 revenue $185 million versus I/B/E/S view $167.6 million . Diamondback Energy says Q4 2016 production of 51.9 MBOE/D (73 pct oil), up 16 pct over Q3 2016 and 38 pct year over year . Diamondback Energy says is increasing its pro forma full year 2017 production guidance to 69.0 to 76.0 MBOE/D . Diamondback Energy says company expects to complete 130 to 165 gross wells with an average lateral length of approximately 8,500 feet in FY .Diamondback energy says has increased its 2017 capital expenditure guidance for drilling, completion and infrastructure to $800.0 million to $1.0 billion.  Full Article

Diamondback Energy launches proposed $250 mln offering of senior notes
Wednesday, 14 Dec 2016 04:10pm EST 

Diamondback Energy Inc : Diamondback Energy Inc- proposes to offer $250 million aggregate principal amount of its senior notes due 2025 . Diamondback Energy Inc- notes will pay interest semi-annually .Diamondback Energy launches proposed $250 million offering of senior notes.  Full Article

Diamondback Energy announces the expiration of the tender offer for its 7.625 pct senior notes due 2021
Thursday, 27 Oct 2016 08:21pm EDT 

Diamondback Energy Inc :Diamondback Energy announces the expiration of the tender offer for any and all of its 7.625 pct senior notes due 2021.  Full Article

BRIEF-Diamondback Energy announces pricing of secondary common stock offering by certain stockholders

* Diamondback Energy announces pricing of secondary common stock offering by certain stockholders