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Diamondback Energy Inc (FANG.OQ)

FANG.OQ on NASDAQ Stock Exchange Global Select Market

109.52USD
15 Dec 2017
Change (% chg)

$-1.51 (-1.36%)
Prev Close
$111.03
Open
$111.32
Day's High
$111.85
Day's Low
$109.34
Volume
336,101
Avg. Vol
362,100
52-wk High
$114.82
52-wk Low
$82.79

Latest Key Developments (Source: Significant Developments)

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

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

BRIEF-Diamondback Energy - Co & Units Entered Into A Amendment To Second Amended & Restated Credit Agreement

* DIAMONDBACK ENERGY INC - ON NOV 28, 2017, CO & UNITS ENTERED INTO A FIFTH AMENDMENT TO SECOND AMENDED & RESTATED CREDIT AGREEMENT