Key Developments: Diamondback Energy Inc (FANG.O)

FANG.O on Nasdaq

67.68USD
30 Oct 2014
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$-1.40 (-2.03%)
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Latest Key Developments (Source: Significant Developments)

Diamondback Energy announces pricing of secondary common stock offering
Thursday, 18 Sep 2014 08:36am EDT 

Diamondback Energy Inc:Announces that the pricing of an underwritten public offering of 2,500,000 shares of its common stock by certain selling stockholders, of which shares 1,250,000 will be sold by certain entities controlled by Wexford Capital LP and 1,250,000 will be sold by Gulfport Energy Corporation.Says the total gross proceeds of the offering (before underwriters' discounts and commissions and estimated offering expenses) will be about $194.3 million.All of the net proceeds from the offering will go to the selling stockholders.Underwriter has an option to purchase up to an additional 375,000 shares of common stock from the selling stockholders.  Full Article

Diamondback Energy Inc launches secondary common stock offering
Wednesday, 17 Sep 2014 04:08pm EDT 

Diamondback Energy Inc:Launches an underwritten public offering of 2,500,000 shares of its common stock by certain selling stockholders.The underwriter will have option to purchase up to an additional 375,000 shares of common stock from the selling stockholders.The shares to be sold in the offering will be sold by certain entities controlled by Wexford Capital LP and by Gulfport Energy Corporation.The Wexford entities intend to sell 1,250,000 shares and Gulfport intends to sell 1,250,000 shares.All of the net proceeds will go to the selling stockholders.Credit Suisse Securities (USA) LLC is acting as sole book-running manager for the offering.  Full Article

Diamondback Energy Inc reaffirms FY 2014 production guidance
Monday, 4 Aug 2014 08:00pm EDT 

Diamondback Energy Inc:Says FY 2014 total net production guidance 17 to 19 MBoe/d.  Full Article

Diamondback Energy Inc announces pricing of common stock offering
Monday, 21 Jul 2014 06:37pm EDT 

Diamondback Energy Inc:Announces pricing of an underwritten public offering of 5,000,000 shares of its common stock at a price to the public of $87.00 per share.Says the underwriters have an option to purchase up to an additional 750,000 shares of common stock from Diamondback at the public offering price.Says net proceeds to Diamondback from the sale of the 5,000,000 shares of its common stock, after the underwriting discount and estimated offering expenses, will be about $421.7 million.Says Diamondback intends to use the net proceeds from this offering and borrowings under its revolving credit facility to fund its previously announced pending acquisition of certain leasehold interests in the Permian Basin.Also to the extent the Pending Acquisition is not consummated, or the actual purchase price is less than the net proceeds from this offering.Diamondback intends to use any remaining net proceeds to fund a portion of its exploration and development activities and for general corporate purposes, which may include leasehold interest and property acquisitions and working capital.Says the offering is expected to close on July 25, 2014.  Full Article

Diamondback Energy launches common stock offering
Monday, 21 Jul 2014 06:30am EDT 

Diamondback Energy Inc:Launches underwritten public offering of 5,000,000 shares of its common stock.Underwriters will have an option to purchase up to an additional 750,000 shares of common stock from Diamondback.Intends to use the net proceeds under its revolving credit facility to fund its previously announced pending acquisition of certain leasehold interests and for general corporate purposes.Credit Suisse Securities (USA) LLC is acting as sole book-running manager for the offering.  Full Article

Diamondback Energy to acquire additional acreage in Midland Basin
Monday, 21 Jul 2014 06:29am EDT 

Diamondback Energy Inc:Enters into a definitive purchase agreement with unrelated third party sellers to acquire additional leasehold interests in the Midland Basin for an aggregate purchase price of about $538 mln.The acquisition will provide Diamondback with primarily operated leasehold interests, the majority of which are located in Midland and western Glasscock Counties.Acquisition is scheduled to close in early Sept. 2014.  Full Article

Diamondback Energy Inc increases FY 2014 production guidance
Monday, 21 Jul 2014 06:29am EDT 

Diamondback Energy Inc:Increases FY 2014 production guidance to 17 to 19 MBOE/d from 16 to 18 MBOE/d.  Full Article

Diamondback Energy Inc announces pricing of secondary common stock offering
Tuesday, 24 Jun 2014 09:06am EDT 

Diamondback Energy Inc:Prices underwritten public offering of 2,000,000 shares of its common stock by certain selling stockholders at price to public of $90.04 per share, of which shares 1,000,000 will be sold by certain entities controlled by Wexford Capital LP and 1,000,000 will be sold by Gulfport Energy Corporation.Underwriter has option to purchase up to an additional 300,000 shares of common stock from the selling stockholders.All of net proceeds will go to selling stockholders.Offering is expected to close on June 27.Credit Suisse Securities (USA) LLC is acting as sole book-running manager for the offering.  Full Article

Diamondback Energy launches secondary common stock offering
Monday, 23 Jun 2014 04:06pm EDT 

Diamondback Energy Inc:Launches underwritten public offering of 2,000,000 shares of its common stock by certain selling stockholders, subject to market and other conditions.Underwriters will have an option to purchase up to an additional 300,000 shares of common stock from the selling stockholders.Shares to be sold in the offering will be sold by certain entities controlled by Wexford Capital LP and by Gulfport Energy Corporation.Wexford entities intend to sell 1,000,000 shares and Gulfport intends to sell 1,000,000 shares.All of the net proceeds will go to the selling stockholders.Credit Suisse Securities (USA) LLC is acting as sole book-running manager for the offering.  Full Article

Viper Energy Partners LP, subsidiary of Diamondback Energy, Inc., prices initial public offering at $26.00 per common unit
Tuesday, 17 Jun 2014 09:09pm EDT 

Viper Energy Partners LP and LP Diamondback Energy:Viper Energy Partners LP, a subsidiary of Diamondback Energy Inc, and Diamondback announced pricing of Viper's initial public offering of 5,000,000 common units representing limited partner interests at $26.00 per common unit.Common units are expected to begin trading on the NASDAQ Global Select Market on June 18, under the ticker symbol 'VNOM.In addition, Viper has granted underwriters 30-day option to purchase up to additional 750,000 common units at initial public offering price.Offering is expected to close on June 23.Viper intends to distribute net proceeds from offering to Diamondback.Net proceeds from any exercise of underwriters' option to purchase additional common units will also be distributed to Diamondback.Barclays, Credit Suisse and Wells Fargo Securities are acting as joint book-running managers for offering.Baird, Raymond James, Scotiabank / Howard Weil, Simmons & Company International, Stifel and Tudor, Pickering, Holt & Co. are acting as senior co-managers for offering.Northland Capital Markets, Sterne Agee and Wunderlich Securities are acting as co-managers for offering.  Full Article

Diamondback affiliate Viper Energy Partners files for IPO

- Viper Energy Partners LP, an affiliate of oil and gas company Diamondback Energy Inc , filed with U.S. regulators on Wednesday to raise up to $100 million in an initial public offering of common stock.

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