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Diamondback Energy Inc (FANG.OQ)

FANG.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Diamondback Energy Prices Upsized $750 Million Tack-On Offering Of Senior Notes
Tuesday, 18 Sep 2018 03:27pm EDT 

Diamondback Energy Inc ::DIAMONDBACK ENERGY PRICES UPSIZED $750 MILLION TACK-ON OFFERING OF SENIOR NOTES.DIAMONDBACK ENERGY INC - PRICED AN OFFERING OF $750.0 MILLION AGGREGATE PRINCIPAL AMOUNT OF ITS 4.750% SENIOR NOTES DUE 2024.  Full Article

Carlyle Group And Diamondback Energy Form Joint Venture
Tuesday, 11 Sep 2018 10:03am EDT 

Sept 11 (Reuters) - Carlyle Group LP ::THE CARLYLE GROUP’S ENERGY MEZZANINE TEAM AND DIAMONDBACK ENERGY FORM JOINT VENTURE.CARLYLE GROUP LP - AFTER CERTAIN PERFORMANCE HURDLES ARE ACHIEVED IN THE PROGRAM, CARLYLE’S WORKING INTERESTS WILL LARGELY REVERT TO DIAMONDBACK.CARLYLE GROUP LP - AS PART OF JV, CARLYLE ENERGY MEZZANINE OPPORTUNITIES FUND II L.P. TO FUND UP TO 85% FOR DEVELOPMENT PROGRAM OVER FIVE YEARS.CARLYLE GROUP - AGREEMENT TO FUND DEVELOPMENT OF DIAMONDBACK’S OIL AND GAS ASSETS IN TEXAS.CARLYLE - CARLYLE FUND AND DIAMONDBACK WILL PROVIDE $620 MILLION TO DEVELOP OIL & GAS ASSETS IN TEXAS.  Full Article

Corvex Management Says After Energen-Diamondback Energy Deal, Corvex, Carl Icahn Will Cease Filing Joint Schedule 13D Statements Related To Energen
Thursday, 16 Aug 2018 06:30am EDT 

Aug 16 (Reuters) - Energen Corp ::CORVEX MANAGEMENT SAYS AFTER ENERGEN-DIAMONDBACK ENERGY DEAL, CORVEX, CARL ICAHN WILL CEASE FILING JOINT SCHEDULE 13D STATEMENTS RELATED TO ENERGEN.CORVEX MANAGEMENT LP SAYS CARL ICAHN REPORTS 9.9 PERCENT STAKE IN ENERGEN AS OF AUGUST 15 - SEC FILING.CORVEX MANAGEMENT SAYS CARL ICAHN PREVIOUSLY REPORTED 8.9 PERCENT STAKE IN ENERGEN AS OF AUG 10, 2018.  Full Article

Diamondback Energy Q4 Earnings Per Share $1.16
Tuesday, 13 Feb 2018 04:01pm EST 

Feb 13 (Reuters) - Diamondback Energy Inc ::DIAMONDBACK ENERGY, INC. ANNOUNCES FOURTH QUARTER 2017 FINANCIAL AND OPERATING RESULTS; INITIATING DIVIDEND.Q4 EARNINGS PER SHARE $1.16.Q4 REVENUE $399 MILLION.Q4 ADJUSTED NON-GAAP EARNINGS PER SHARE $1.56.FULL YEAR 2018 PRODUCTION GUIDANCE OF 108.0 - 116.0 MBOE/D.SEES FULL YEAR 2018 CAPEX GUIDANCE OF $1,300 - $1,500 MILLION.INITIATING ANNUAL CASH DIVIDEND OF $0.50 PER COMMON SHARE TO BE PAYABLE QUARTERLY BEGINNING WITH Q1 2018.Q4 2017 PRODUCTION OF 92.9 MBOE/D (74% OIL), UP 9% OVER Q3 2017.  Full Article

Diamondback Energy Prices Upsized $300 Million Tack-On Offering Of Senior Notes
Wednesday, 24 Jan 2018 04:32pm EST 

Jan 24 (Reuters) - Diamondback Energy Inc ::DIAMONDBACK ENERGY PRICES UPSIZED $300 MILLION TACK-ON OFFERING OF SENIOR NOTES.DIAMONDBACK ENERGY INC - PRICED AN OFFERING OF $300.0 MILLION AGGREGATE PRINCIPAL AMOUNT OF ITS 5.375% SENIOR NOTES DUE 2025.  Full Article

Diamondback Energy Launches $250 Mln Tack-On Offering Of Senior Notes
Wednesday, 24 Jan 2018 07:56am EST 

Jan 24 (Reuters) - Diamondback Energy Inc ::DIAMONDBACK ENERGY LAUNCHES $250 MILLION TACK-ON OFFERING OF SENIOR NOTES.DIAMONDBACK ENERGY - PROPOSES TO OFFER $250 MILLION OF ITS 5.375% SENIOR NOTES DUE 2025.DIAMONDBACK - ‍INTENDS TO USE PROCEEDS FROM OFFERING TO REPAY PORTION OF OUTSTANDING BORROWINGS UNDER REVOLVING CREDIT FACILITY​.  Full Article

Diamondback Energy - Co & Units Entered Into A Amendment To Second Amended & Restated Credit Agreement
Monday, 4 Dec 2017 04:50pm EST 

Dec 4 (Reuters) - Diamondback Energy Inc ::DIAMONDBACK ENERGY INC - ON NOV 28, 2017, CO & UNITS ENTERED INTO A FIFTH AMENDMENT TO SECOND AMENDED & RESTATED CREDIT AGREEMENT.DIAMONDBACK ENERGY SAYS FIFTH AMENDMENT EXTENDED MATURITY DATE TO NOVEMBER 1, 2022 - SEC FILING.DIAMONDBACK ENERGY INC - IN FIFTH AMENDMENT, AGGREGATE MAXIMUM CREDIT AMOUNT WAS INCREASED TO $5.0 BILLION.DIAMONDBACK ENERGY INC - IN FIFTH AMENDMENT BORROWING BASE WAS INCREASED TO $1.8 BILLION, AND BORROWER ELECTED A COMMITMENT AMOUNT OF $1.0 BILLION.  Full Article

Diamondback Energy Q3 earnings per share $0.74
Monday, 6 Nov 2017 04:01pm EST 

Nov 6 (Reuters) - Diamondback Energy Inc :Diamondback Energy Inc announces third quarter 2017 financial and operating results.Q3 earnings per share $0.74.Q3 earnings per share view $1.22 -- Thomson Reuters I/B/E/S.Q3 revenue $301 million versus I/B/E/S view $298.4 million.Q3 adjusted non-GAAP earnings per share $1.33.Diamondback Energy Inc says ‍narrowing full year 2017 CapEx guidance to $850 - $900 million from $800 - $950 million previously​.  Full Article

Diamondback Energy ‍production for Q3 of 2017 was 85.0 MBOE/D
Monday, 2 Oct 2017 04:18pm EDT 

Oct 2 (Reuters) - Diamondback Energy Inc :Diamondback Energy, Inc. provides third quarter 2017 production update.Diamondback Energy Inc - ‍Q3 production volumes were not affected by Hurricane Harvey​.Diamondback Energy Inc - ‍production for Q3 of 2017 was 85.0 MBOE/D, an increase of over 10% from Q2 2017 average daily production​.Diamondback Energy Inc- Viper Energy Partners, a subsidiary continues to see higher than expected third-party volumes from recent acquisitions.Diamondback Energy Inc - ‍"cash flow has grown to point that company believes it can run nine rigs within cash flow​".  Full Article

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

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Carlyle Group, Diamondback partner to develop Permian assets

Private equity firm Carlyle Group LP said on Tuesday it would fund the development of Diamondback Energy Inc's oil and gas assets in the prolific Permian basin of Texas.