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Diamondback Energy Inc (FANG.OQ)

FANG.OQ on NASDAQ Stock Exchange Global Select Market

81.97USD
18 Oct 2019
Change (% chg)

$-2.07 (-2.46%)
Prev Close
$84.04
Open
$84.26
Day's High
$84.82
Day's Low
$81.94
Volume
521,117
Avg. Vol
579,940
52-wk High
$129.39
52-wk Low
$80.76

Latest Key Developments (Source: Significant Developments)

Viper Energy Partners Provides Third Quarter Production And Acquisition Update
Monday, 7 Oct 2019 

Oct 7 (Reuters) - Viper Energy Partners LP ::VIPER ENERGY PARTNERS LP, A SUBSIDIARY OF DIAMONDBACK ENERGY, INC., PROVIDES THIRD QUARTER 2019 PRODUCTION AND ACQUISITION UPDATE.VIPER ENERGY PARTNERS LP - Q3 2019 PRODUCTION OF 21,265 BOE/D (64% OIL), AN INCREASE OF 9% QUARTER OVER QUARTER.VIPER ENERGY PARTNERS LP - DURING Q3 OF 2019, VIPER ACQUIRED 1,272 NET ROYALTY ACRES FOR AN AGGREGATE PURCHASE PRICE OF APPROXIMATELY $193.6 MILLION.VIPER ENERGY PARTNERS LP - SIGNIFICANT PORTION OF DIAMONDBACK'S EXPECTED 2020 COMPLETIONS WILL BE WELLS ON VIPER'S ACREAGE.  Full Article

Diamondback Energy Inc Says Co Entered Into A Consent Letter With Respect To Second Amended And Restated Credit Agreement, Dated As Of November 1, 2013
Thursday, 5 Sep 2019 

Sept 4 (Reuters) - Diamondback Energy Inc ::DIAMONDBACK ENERGY INC - CO ENTERED INTO A CONSENT LETTER WITH RESPECT TO SECOND AMENDED AND RESTATED CREDIT AGREEMENT, DATED AS OF NOVEMBER 1, 2013.DIAMONDBACK ENERGY- CONSENT ALLOWS PARTIES TO ENTER INTO SWAP AGREEMENTS FOR INTEREST RATES FOR U.S. TREASURY SECURITIES FOR UP TO $3 BILLION.DIAMONDBACK ENERGY- AT EFFECTIVE TIME OF CONSENT, BORROWER WAS PARTY TO INTEREST RATE SWAP AGREEMENTS WITH AGGREGATE NOTIONAL PRINCIPAL AMOUNT OF $1 BILLION.  Full Article

Diamondback Energy - Co, Certain Units Entered Into An 11th Amendment To 2nd Amended And Restated Credit Agreement, As Of Nov 1, 2013
Thursday, 4 Jul 2019 

July 3 (Reuters) - Diamondback Energy Inc ::DIAMONDBACK ENERGY INC - ON JUNE 28, CO, CERTAIN UNITS ENTERED INTO AN 11TH AMENDMENT TO 2ND AMENDED AND RESTATED CREDIT AGREEMENT, AS OF NOV 1, 2013.DIAMONDBACK ENERGY INC - ON JUNE 28, ENTERED INTO ELEVENTH AMENDMENT TO SECOND AMENDED AND RESTATED CREDIT AGREEMENT, DATED AS OF NOV 1, 2013.DIAMONDBACK ENERGY INC - ELEVENTH AMENDMENT PROVIDES THAT BORROWING BASE IS INCREASED FROM $2.65 BILLION TO $3.4 BILLION.DIAMONDBACK ENERGY INC - ELEVENTH AMENDMENT PROVIDES THAT AGGREGATE ELECTED COMMITMENT AMOUNT REMAINS UNCHANGED AT $2.5 BILLION.  Full Article

Diamondback Energy Inc Announces New Leadership Appointments And Promotions
Friday, 1 Mar 2019 

Feb 28 (Reuters) - Diamondback Energy Inc ::DIAMONDBACK ENERGY, INC. ANNOUNCES NEW LEADERSHIP APPOINTMENTS AND PROMOTIONS.DIAMONDBACK ENERGY INC - KAES VAN’T HOF, CURRENTLY SENIOR VICE PRESIDENT OF STRATEGY AND CORPORATE DEVELOPMENT, HAS BEEN APPOINTED CFO.DIAMONDBACK ENERGY INC - KAES VAN'T HOF, CURRENTLY SENIOR VICE PRESIDENT OF STRATEGY AND CORPORATE DEVELOPMENT, HAS BEEN APPOINTED CFO.DIAMONDBACK ENERGY INC - VAN'T HOF WILL ALSO REMAIN IN HIS CURRENT ROLE AS PRESIDENT OF VIPER.  Full Article

Viper Energy Partners Lp, A Subsidiary Of Diamondback Energy Inc Announces Public Offering Of Common Units
Wednesday, 27 Feb 2019 

Feb 26 (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 - COMMENCED AN UNDERWRITTEN PUBLIC OFFERING OF 8 MILLION COMMON UNITS REPRESENTING LIMITED PARTNER INTERESTS.VIPER ENERGY PARTNERS LP - INTENDS TO USE NET PROCEEDS FROM OFFERING TO PURCHASE UNITS OF VIPER ENERGY PARTNERS LLC.  Full Article

Diamondback Energy Completes Acquisition Of Energen Corporation
Friday, 30 Nov 2018 

Nov 29 (Reuters) - Diamondback Energy Inc ::DIAMONDBACK ENERGY, INC. COMPLETES ACQUISITION OF ENERGEN CORPORATION.  Full Article

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

EXCLUSIVE-SEC probes oilfield firm ProPetro over accounting, disclosures: sources

Oct 18 Oilfield services supplier ProPetro Holding Corp is under investigation by the U.S. Securities and Exchange Commission over its financial disclosures, people familiar with the matter said this week.