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Diamondback Energy Inc (FANG.OQ)

FANG.OQ on NASDAQ Stock Exchange Global Select Market

85.09USD
13 Dec 2019
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Summary

Name Age Since Current Position

Steven West

58 2012 Independent Chairman of the Board

Travis Stice

57 2012 Chief Executive Officer, Director

Kaes Van't Hof

32 2019 Chief Financial Officer and Executive Vice President - Business Development

Jennifer Soliman

48 2019 Chief Human Resource Officer, Executive Vice President

Teresa Dick

49 2019 Executive Vice President, Chief Accounting Officer, Assistant Secretary

Matt Zmigrosky

40 2019 Executive Vice President, General Counsel, Secretary

Thomas Hawkins

64 2019 Executive Vice President - Land

Russell Pantermuehl

59 2019 Executive Vice President - Chief Engineer

W. Marc Dingler

2019 Senior Vice President of Government Affairs and Deputy General Counsel

Kara Blubaugh-Few

2019 Senior Vice President of Accounting and Controller

David Cannon

2019 Senior Vice President of Geoscience and Technology

Joe Niederhofer

2019 Senior Vice President of Midstream Operations

Daniel Wesson

2019 Senior Vice President of Operations

Adam Lawlis

2019 Vice President of Investor Relations

Al Barkmann

2019 Vice President of Reservoir Engineering

David Houston

66 2012 Lead Independent Director

Michael Cross

67 2012 Independent Director

Mark Plaumann

63 2012 Independent Director

Melanie Trent

54 2018 Independent Director

Biographies

Name Description

Steven West

Mr. Steven E. West serves as Independent Chairman of the Board of Diamondback Energy, Inc. Mr. West has served as a director of the Company since December 2011 and Chairman of the Board since October 2012. Mr. West served as our Chief Executive Officer from January 2009 to December 2011. From January 2011 until December 2016, Mr. West was a partner at Wexford Capital LP, or Wexford Capital, focusing on Wexford Capital’s private equity energy investments. From August 2006 until December 2010, Mr. West served as senior portfolio advisor at Wexford Capital. From August 2003 until August 2006, Mr. West was the Chief Financial Officer of Sunterra Corporation, a former Wexford Capital portfolio company. From December 1993 until July 2003, Mr. West held senior financial positions at Coast Asset Management and IndyMac Bank. Prior to that, Mr. West worked at First Nationwide Bank, Lehman Brothers and Peat Marwick Mitchell & Co., the predecessor of KPMG LLP. Since February 2014, Mr. West has also served as a director and Executive Chairman of the general partner of Viper Energy Partners LP, our publicly traded subsidiary, which we refer to as Viper. Mr. West holds a Bachelor of Science degree in Accounting from California State University, Chico. We believe Mr. West’s background in finance, accounting and private equity energy investments, as well as his executive management skills developed as part of his career with Wexford Capital, its portfolio companies and other financial institutions qualify him to serve on our board of directors. In particular, we believe Mr. West’s strengths in the following core competencies provide value to our board of directors: Corporate Governance; Finance/Capital Markets; Financial Reporting/Accounting Experience; Industry Background; Executive Experience; Executive Compensation; and Risk Management.

Travis Stice

Mr. Travis D. Stice serves as Chief Executive Officer, Director of Diamondback Energy, Inc. Mr. Stice has also served as the Chief Executive Officer and a director of the general partner of Viper since February 2014. Prior to his current positions with us, he served as our President and Chief Operating Officer from April 2011 to January 2012. From November 2010 to April 2011, Mr. Stice served as a Production Manager of Apache Corporation, an oil and gas exploration company. He served as a Vice President of Laredo Petroleum Holdings, Inc. from September 2008 to September 2010. Prior to that, Mr. Stice held a series of positions of increasing responsibilities at Burlington Resources until Burlington Resources' acquisition by ConocoPhillips in March 2006. He started his career with Mobil Oil in 1985. Mr. Stice has over 26 years of industry experience in production operations, reservoir engineering, production engineering and unconventional oil and gas exploration and over 20 years of management experience. Mr. Stice graduated from Texas A&M University with a Bachelor of Science degree in Petroleum Engineering. Mr. Stice is a registered engineer in the State of Texas, and is a 26-year member of the Society of Petroleum Engineers. We believe that Mr. Stice’s leadership within the Company, his management experience and his knowledge of the critical internal and external challenges facing the Company and the oil and natural gas industry as a whole qualify him for service on our board of directors.

Kaes Van't Hof

Mr. Kaes Van't Hof is Chief Financial Officer and Executive Vice President - Business Development of the company. he has served as Chief Financial Officer and Executive Vice President of Business Development since February 2019. Prior to his current position with us, he served as our Senior Vice President of Strategy and Corporate Development from January 2017 to February 2019 and as our Vice President of Strategy and Corporate Development since joining us in July 2016. Before joining Diamondback, Mr. Van’t Hof served as Chief Executive Officer for Bison Drilling and Field Services from September 2012 to June 2016. From August 2011 to August 2012, Mr. Van’t Hof was an analyst for Wexford Capital responsible for developing operating models and business plans, including for our initial public offering, and before that worked for the Investment Banking - Financial Institutions Group of Citigroup Global Markets, Inc. from February 2010 to July 2011. Mr. Van’t Hof was a professional tennis player from May 2008 to January 2010. Mr. Van’t Hof received a Bachelor of Science in Accounting and Business Administration from the University of Southern California.

Jennifer Soliman

Ms. Jennifer Soliman is Chief Human Resource Officer, Executive Vice President of the company. she has served as our Executive Vice President and Chief Human Resources Officer since March 2019. Prior to her current position with us, Ms. Soliman served as our Senior Vice President and Chief Human Resources Officer from January 2018 until March 2019. Prior to joining us, Ms. Soliman served as Senior Vice President and Chief Human Resources Officer at Sunnova Energy Corporation from December 2015 to January 2018, and prior to that, served in various human resources leadership roles at Freedom Oil & Gas Ltd. (formerly, Maverick Drilling & Exploration Ltd.), Woodside USA and BP America, each an oil and gas company, and Koch Industries, Inc., a diversified industrial, including chemicals and refining. Ms. Soliman serves on the board of Jones Partners at the Rice Business School and previously served as a member of the United States Air Force Reserves. Ms. Soliman holds a Bachelor of Arts degree in Organizational Behavior from Rollins College and a Master of Business Administration degree from Rice University. .

Teresa Dick

Ms. Teresa L. Dick serves as Executive Vice President, Chief Accounting Officer, Assistant Secretary of the company. she has served as our Executive Vice President since February 2017 and as our Chief Accounting Officer since March 2019. Ms. Dick served as our Chief Financial Officer from November 2009 to March 2019, as our Senior Vice President from November 2009 to February 2017, as our Corporate Controller from November 2007 to November 2009 and as our Assistant Secretary since November 2009. Ms. Dick has served as Chief Financial Officer and Executive Vice President of the general partner of Viper since February 2017 and served as its Chief Financial Officer and Senior Vice President from February 2014 to February 2017. From June 2006 to November 2007, Ms. Dick held a key management position as the Controller/Tax Director at Hiland Partners, a publicly-traded midstream energy master limited partnership. Ms. Dick has over 20 years of accounting experience, including over eight years of public company experience in both audit and tax areas. Ms. Dick received her Bachelor of Business Administration degree in Accounting from the University of Northern Colorado. Ms. Dick is a certified public accountant and a member of the American Institute of CPAs and the Council of Petroleum Accountants Societies.

Matt Zmigrosky

Mr. Matt Zmigrosky J.D. has been appointed as Executive Vice President, General Counsel, Secretary of the company, He has served as Executive Vice President, General Counsel and Secretary since joining us in February 2019. Before joining us, Mr. Zmigrosky was in private practice of law, most recently as a partner in the corporate section of Akin Gump Strauss Hauer & Feld LLP from October 2012 to February 2019, where he worked extensively with the Company and its subsidiaries. Mr. Zmigrosky holds a Bachelor of Science in Management degree in Finance from Tulane University and a Juris Doctorate degree from Southern Methodist University Dedman School of Law.

Thomas Hawkins

Mr. Thomas F. Hawkins is Executive Vice President - Land of the company. he has served as our Executive Vice President of Land since March 2019. Prior to his current position with us, Mr. Hawkins served as our Senior Vice President—Land from March 2017 until March 2019. Mr. Hawkins has also served as Senior Vice President—Land of the general partner of Viper since March 2017. Prior to his employment with us, Mr. Hawkins was an independent Consultant for Land Activities from July 2016 to February 2017. Mr. Hawkins has over 38 years of experience in the oil and gas industry. Mr. Hawkins spent seven years with Oasis Petroleum, Inc., an active oil and gas company in the Williston Basin, as its Senior Vice President of Land (or in similar capacities) from March 2009 until June 2016, retiring from that position. Prior to his tenure at Oasis Petroleum, Inc., Mr. Hawkins spent 31 years at ConocoPhillips and Burlington Resources (which ConocoPhillips acquired in 2006) in various operations and managerial positions in Land, Marketing, Planning and the Corporate Acquisitions and Divestitures group, retiring in February 2009. While at ConocoPhillips (Burlington Resources), Mr. Hawkins has worked in several major regions in the continental United States, including the San Juan Basin, the Williston Basin and the Austin Chalk/Wilcox Trends in South Texas. Mr. Hawkins holds a Bachelor of Business Administration degree in Finance from the University of Texas at El Paso.

Russell Pantermuehl

Mr. Russell D. Pantermuehl is Executive Vice President - Chief Engineer of the company. he has served as our Executive Vice President and Chief Engineer since March 2019. Prior to his current position with us, Mr. Pantermuehl served as our Executive Vice President—Reservoir Engineering from February 2017 until March 2019, and served as our Vice President—Reservoir Engineering from August 2011 to February 2017. Mr. Pantermuehl has also served as Executive Vice President—Reservoir Engineering of the general partner of Viper since February 2017 and served as its Vice President—Reservoir Engineering from February 2014 to February 2017. Prior to his positions with us and Viper, Mr. Pantermuehl served as a reservoir engineering supervisor for Concho Resources Inc., an oil and gas exploration company, from March 2010 to August 2011 where he was responsible for reserve reporting and estimates of the Midland Basin Wolfberry assets. Mr. Pantermuehl worked for ConocoPhillips Company as a reservoir engineering advisor from January 2005 to March 2010 where he provided advice with respect to ConocoPhillips’ Bakken assets, reserve reporting and capital allocation. Mr. Pantermuehl received a Bachelor of Science degree in Petroleum Engineering from Texas A&M University.

W. Marc Dingler

Mr. W. Marc Dingler IV is Senior Vice President of Government Affairs and Deputy General Counsel of the company. Prior to his current position with us, he served as our Vice President of Legal and Deputy General Counsel from April 2017 to February 2019 and as our Deputy General Counsel since joining us in April 2014. Before joining Diamondback, Mr. Dingler served as Associate General Counsel for Pioneer Natural Resources USA, Inc. from June 2005 to April 2014 and Senior Attorney from January 2002 to June 2005. Mr. Dingler was Of Counsel in private practice with the Midland firm of Woerndle, Strain and Miller, LLP from October 2000 to January 2002. He served Costilla Energy Inc. in the Office of Legal Counsel from October 1998 to June 2000. From 1991 to 1998 he served in various roles within the Legal Department of Pioneer Natural Resources USA, Inc. and its predecessor, Parker & Parsley Petroleum Co. Mr. Dingler began his legal career in private practice with Sanders, Bruin, Coll and Worley, PA in Roswell, NM in 1989. Mr. Dingler received his Doctor of Jurisprudence degree from Texas Tech University School of Law in 1989.

Kara Blubaugh-Few

Ms. Kara B. Blubaugh-Few is Senior Vice President of Accounting and Controller of the company. Ms. Blubaugh-Few has served as Senior Vice President of Accounting and Controller since February 2019. Prior to her current position with us, she served as our Vice President of Accounting and Controller from April 2017 to February 2019, our Controller from November 2009 to April 2017, and our Assistant Controller from November 2007 to November 2009 since joining us in January 2007. Before joining Diamondback, Ms. Blubaugh-Few held various accounting roles with Faulkner Exploration. She holds two Bachelor of Business Administration degrees from Oklahoma State University, majoring in Accounting and Finance as well as an MBA from Southwestern Oklahoma State University.

David Cannon

Mr. David L. Cannon is Senior Vice President of Geoscience and Technology of the company. Mr. Cannon has served as Senior Vice President of Geoscience and Technology since February 2019. Prior to his current position with us, he served as our Vice President of Geoscience from April 2017 to February 2019, our Exploration Manager from March 2015 to April 2017 and as a Senior Geologist since joining us in March 2014.Before joining Diamondback, Mr. Cannon served as a Senior Geologist for Newfield Exploration, from January 2013 to March 2014, where he assisted in exploration, assessment, and development of SCOOP/STACK properties in the Anadarko Basin. Prior to that, he held the position of District Geologist for Samson Resources, from August 2011 to January 2013, where he held a position in the Corporate Exploration Department assessing Rockies, Mid-Continent, and East Texas unconventional plays. He was recruited by ConocoPhillips in 2008, where he held various positions in exploration and development of Rockies and Bakken assets. Mr. Cannon received his BS Geology from the State University of New York, College at Brockport in 2005 and obtained his MS in Geoscience from Pennsylvania State University in 2008 with a focus on structural geology and rock mechanics.

Joe Niederhofer

Mr. Joe Niederhofer is Senior Vice President of Midstream Operations of the company. Mr. Niederhofer has served as Senior Vice President of Midstream Operations since February 2019. Prior to his current position with us, he served as our Vice President of Permian Basin Operations since joining us in November 2018. Before joining Diamondback, Mr. Niederhofer served as Vice President of Permian Basin Operations for Energen Corporation. Prior to the Permian Basin assignment, he managed Energen’s San Juan Basin assets in New Mexico from 1997 – 2002 and their Coalbed Methane assets in Alabama from 1986 – 1997. Mr. Niederhofer attended Texas A&M where he received his B.S. in Petroleum Engineering and is a member of the Permian Basin Society of Petroleum Engineers.

Daniel Wesson

Mr. Daniel N. Wesson is Senior Vice President of Operations of the company. Mr. Wesson has served as Senior Vice President of Operations since February 2019. Prior to his current position with us, he served as our Vice President of Operations from April 2017 to February 2019, our Completions Manager from January 2013 to April 2017 and as an Operations Engineer since joining us in February 2012. Before joining Diamondback, Mr. Wesson served in various operations and engineering roles for BOPCO from 2010 to 2012 and ConocoPhillips from 2007 to 2010. Mr. Wesson received his Bachelor of Science degree in Mechanical Engineering from Louisiana State University and is a member of the Permian Basin Society of Petroleum Engineers.

Adam Lawlis

Mr. Adam T. Lawlis is Vice President of Investor Relations of the company. Mr. Lawlis has served as Vice President of Investor Relations since February 2019. Prior to his current position with us, he served as our Director of Investor Relations from April 2017 to February 2019, our Investor Relations Manager from February 2016 to April 2017 and as an investor relations analyst since joining us in March 2013. Before joining Diamondback, Mr. Lawlis worked at Simmons & Company International as an equity research associate from 2010 to 2013 and various finance roles at Sabine Storage & Operations from 2009 to 2010. Mr. Lawlis received his Bachelor of Business Administration degree in Finance and a Master of Business Administration from Texas Tech University. He is a board member of the Permian Basin Chapter of the American Red Cross and YPE. Additionally, he is a member of the National Investor Relations Institute and a mentor for the Rawls College of Business Executive Mentor Program at Texas Tech University.

Al Barkmann

Mr. Al Barkmann is Vice President of Reservoir Engineering of the company. Mr. Barkmann has served as Vice President of Reservoir Engineering. Prior to his current position with us, he served as our Reservoir Engineering Manager since joining us in November 2018. Before joining Diamondback, Mr. Barkmann worked for Energen Resources Corporation from May 2006 to November 2018 serving in various capacities of increasing responsibility, most recently as Reservoir Engineering Manager and has worked in the Permian Basin since 2006. Mr. Barkmann began his career with BJ Services in June 2004 as a Completions Engineer, joining Energen Resources Corporation in May 2006 as a Reservoir Engineer. He then moved to the Business Development group as an Acquisitions Engineer in September 2010 building substantial acreage positions in the Midland and Delaware Basins. Mr. Barkmann was promoted to Reservoir Engineering Supervisor of the Midland Basin in January 2014 where he coordinated all aspects of Reservoir Engineering for Energen at the onset of its horizontal shale development program. Mr. Barkmann graduated from Louisiana State University with a Bachelor of Science in Petroleum Engineering in May 2004 and is a member of the SPE.

David Houston

Mr. David L. Houston serves as Lead Independent Director of Diamondback Energy, Inc. Mr. Houston has served as a director of the Company since October 2012. Since 1991, Mr. Houston has been the principal of Houston Financial, a firm providing wealth management services with a focus on the energy sector. Since 2000, Mr. Houston has managed a mineral trust with approximately 9,200 net acres in Oklahoma, Texas, Kansas and New Mexico, which includes responsibility for leasing and production matters. Mr. Houston served on the board of directors and executive committee of Deaconess Hospital, Oklahoma City, Oklahoma, from January 1993 until December 2008. Mr. Houston has served as a director of Gulfport Energy Corporation, or Gulfport, since July 1998, and has been Chairman of its Board since June 2013. Mr. Houston also serves on Gulfport’s nominating and governance, audit and compensation committees. He served as a director of Bronco Drilling Company from May 2005 until December 2010 and was a member of its audit committee. Mr. Houston received a Bachelor of Science degree in business from Oklahoma State University and a graduate degree in banking from Louisiana State University. We believe that Mr. Houston’s financial background and his executive management experience qualify him for service on our board of directors. In particular, we believe Mr. Houston’s strengths in the following core competencies provide value to our board of directors: Corporate Governance; Financial Reporting/Accounting Experience; Industry Background; Executive Experience; Executive Compensation; and Risk Management.

Michael Cross

Mr. Michael P. Cross serves as an Independent Director of Diamondback Energy, Inc. Mr. Cross has served as a director of the Company since October 2012. Mr. Cross is owner of Michael P. Cross, Inc., an independent oil and natural gas producer, and serves as its President, a position he has held since January 2007. Mr. Cross also currently serves as a director of Warren Equipment Company, a position he has held since 2002. Mr. Cross served as a member of the executive committee of the Oklahoma Energy Resources Board from February 2005 until March 2014, where he was a member of the executive committee from 2007 until 2014. Mr. Cross served as a member of the Board of Directors of the Oklahoma Independent Petroleum Association for over 18 years, and was inducted into its Wildcatters Hall of Honor. Mr. Cross served on the Board of Directors for OGE Enogex GP LLC from October 2007 to October 2008. Mr. Cross also served as Chief Executive Officer and President of Windsor Energy Resources, Inc. from December 2005 until December 2006. Mr. Cross served as President of Twister Gas Services, L.L.C., an oil and gas exploration, production and marketing company, from its inception in 1996 until June 2003 and served as President of its predecessor, Twister Transmission Company, from 1990 to 1996. Mr. Cross graduated from Oklahoma State University with a Bachelor of Science degree in Business Administration. We believe that Mr. Cross’s strong oil and gas background and executive management experience qualify him for service on our board of directors. In particular, we believe Mr. Cross’s strengths in the following core competencies provide value to our board of directors: Corporate Governance; Financial Reporting/Accounting Experience; Government, Legal & Regulatory; Industry Background; Executive Experience; Executive Compensation; and Risk Management.

Mark Plaumann

Mr. Mark L. Plaumann serves as an Independent Director of Diamondback Energy, Inc. Mr. Plaumann has served as a director of the Company since October 2012. He is currently a Managing Member of Greyhawke Capital Advisors LLC, or Greyhawke, which he co-founded in 1998. Prior to founding Greyhawke, Mr. Plaumann was a Senior Vice President of Wexford Capital. Mr. Plaumann was formerly a Managing Director of Alvarez & Marsal, Inc. and the President of American Healthcare Management, Inc. He also was Senior Manager at Ernst & Young LLP. Mr. Plaumann served as a director and audit committee chairman for ICx Technologies, Inc. from 2006 until October 2010, served as a director and a member of the audit and compensation committees of Republic Airways Holdings, Inc. from 2002 until April 2017 and currently serves as a director of a private company. Mr. Plaumann served as a director, an audit committee chairman and a member of the conflicts committee of the general partner of Rhino Resource Partners LP, a coal operating company, from September 2010 until March 2016. Mr. Plaumann holds an M.B.A. and a B.A. in Business from the University of Central Florida, where he currently serves on the Dean’s Advisory Board for the College of Business. We believe that Mr. Plaumann’s service on the boards of other public companies and his executive management experience, including previous experience as chairman of audit committees, qualifies him for service on our board of directors. In particular, we believe Mr. Plaumann’s strengths in the following core competencies provide value to our board of directors: Corporate Governance; Finance/Capital Markets; Financial Reporting/Accounting Experience; Executive Experience; Executive Compensation; and Risk Management.

Melanie Trent

Ms. Melanie Montague Trent J.D. serves as Independent Director of the Company. Ms. Trent has served as a director of the Company since April 2018. Ms. Trent served in various legal, administrative and compliance capacities for Rowan Companies plc, an offshore drilling services company, from 2005 until April 2017, including as an Executive Vice President, General Counsel and Chief Administrative Officer from 2014 until April 2017, as Senior Vice President, Chief Administrative Officer and Company Secretary from 2011 until 2014 and in various other capacities from 2005 to 2011. Ms. Trent has served as a director of Arcosa, Inc., a provider of infrastructure-related products and solutions, with leading positions in construction, energy and transportation markets, since November 2018, and is a member of its audit and corporate governance and directors nominating committees. Ms. Trent has served as a supervisory director of Frank’s International N.V., a global tubular and oil and gas service provider, since January 2019, and is a member of its audit committee. Ms. Trent holds a Bachelor’s degree from Middlebury College and holds a Juris Doctorate degree from Georgetown University Law Center. We believe that Ms. Trent’s strong legal and executive management experience, diverse background and knowledge of oil and gas and energy industries qualify her for service on our board of directors. In particular, we believe Ms. Trent’s strengths in the following core competencies provide value to our board of directors: Corporate Governance; Finance/Capital Markets; Financial Reporting/Accounting Experience; Government, Legal & Regulatory; Industry Background; Executive Experience; Executive Compensation; and Risk Management.