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Diamondback Energy Inc (FANG.OQ)

FANG.OQ on NASDAQ Stock Exchange Global Select Market

92.71USD
14 Dec 2018
Change (% chg)

$-3.61 (-3.75%)
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Latest Key Developments (Source: Significant Developments)

Diamondback Energy Files For Offerings Of Common Stock Of Up To 2.6 Mln Shares By Selling Stockholders
Thursday, 29 Nov 2018 06:30am EST 

Nov 29 (Reuters) - Diamondback Energy Inc ::DIAMONDBACK ENERGY INC FILES FOR OFFERINGS OF UP TO 2.6 MILLION SHARES OF CO'S COMMON STOCK BY SELLING STOCKHOLDERS - SEC FILING.DIAMONDBACK ENERGY INC - BY THIS PROSPECTUS, CO MAY OFFER AND SELL, FROM TIME TO TIME IN ONE OR MORE OFFERINGS, CO'S COMMON STOCK.  Full Article

Diamondback Energy, Units Entered Eighth Amendment
Thursday, 1 Nov 2018 06:03pm EDT 

Nov 1 (Reuters) - Diamondback Energy Inc ::DIAMONDBACK ENERGY INC - ON OCT 26, CO AND UNITS ENTERED EIGHTH AMENDMENT TO SECOND AMENDED & RESTATED CREDIT AGREEMENT, DATED NOV 1, 2013.DIAMONDBACK ENERGY SAYS IN EIGHTH AMENDMENT, CO & UNITS ELECTED COMMITMENT OF $2.0 BILLION, AND BORROWING BASE WAS INCREASED TO $2.5 BILLION - SEC FILING.  Full Article

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

UPDATE 1-Shale explorer Felix Energy hires Jefferies to seek sale -sources

HOUSTON, Oct 24 Felix Energy LLC, a closely held Denver-based oil producer with operations in the largest U.S. shale field, is exploring a sale that could value the company at more than $3.5 billion, two people familiar with the matter said on Wednesday.