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Diamondback Energy Inc (FANG.OQ)

FANG.OQ on NASDAQ Stock Exchange Global Select Market

120.18USD
17 Aug 2018
Change (% chg)

$-0.28 (-0.23%)
Prev Close
$120.46
Open
$120.45
Day's High
$122.00
Day's Low
$118.68
Volume
726,008
Avg. Vol
583,287
52-wk High
$138.14
52-wk Low
$85.81

Latest Key Developments (Source: Significant Developments)

Ajax Resources Announces Execution Of Agreement To Sell Midland Basin Assets To Diamondback Energy
Thursday, 9 Aug 2018 

Aug 9 (Reuters) - Diamondback Energy Inc ::AJAX RESOURCES ANNOUNCES EXECUTION OF DEFINITIVE AGREEMENT TO SELL MIDLAND BASIN ASSETS TO DIAMONDBACK ENERGY.AJAX -AGREEMENT WITH DIAMONDBACK ENERGY FOR SALE OF ITS NORTHERN MIDLAND BASIN ASSETS FOR $900 MILLION IN CASH, 2.58 MILLION SHARES OF DIAMONDBACK COMMON STOCK.  Full Article

Diamondback Energy Q2 Earnings Per Share $2.22
Thursday, 9 Aug 2018 

Diamondback Energy Inc ::DIAMONDBACK ENERGY, INC. ANNOUNCES SECOND QUARTER 2018 FINANCIAL AND OPERATING RESULTS AND ANNOUNCES ACCRETIVE ACQUISITION.Q2 EARNINGS PER SHARE $2.22.Q2 EARNINGS PER SHARE VIEW $1.63 -- THOMSON REUTERS I/B/E/S.Q2 ADJUSTED NON-GAAP EARNINGS PER SHARE $1.59.Q2 2018 PRODUCTION OF 112.6 MBOE/D.INCREASING PRO FORMA FULL YEAR 2018 PRODUCTION GUIDANCE RANGE TO 115.0 - 119.0 MBOE/D.PRODUCING OVER NET 12,100 BOE/D (88% OIL) AS OF AUGUST 6, 2018.AJX DEAL ACCRETIVE ON NAV, ACREAGE, TOP QUARTILE INVENTORY & 2019 FINANCIAL METRICS.AJAX DEAL WILL BRING DIAMONDBACK'S TOTAL LEASEHOLD INTERESTS TO APPROXIMATELY 230,000 NET SURFACE ACRES IN PERMIAN BASIN.DIAMONDBACK IS NARROWING FULL YEAR 2018 CAPEX GUIDANCE TO A RANGE OF $1.4 TO $1.5 BILLION.  Full Article

Diamondback Energy - Co & Units Entered Into A Amendment To Second Amended & Restated Credit Agreement
Tuesday, 5 Dec 2017 

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
Tuesday, 7 Nov 2017 

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 shares drop on $9.2 billion deal for shale rival

HOUSTON Diamondback Energy Inc shares fell 10 percent early on Wednesday following the U.S. oil and gas producer's all-stock, $9.2 billion deal for shale rival Energen Corp .