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Diamondback Energy Inc (FANG.OQ)

FANG.OQ on NASDAQ Stock Exchange Global Select Market

127.10USD
19 Oct 2018
Change (% chg)

$0.14 (+0.11%)
Prev Close
$126.96
Open
$127.57
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$129.39
Day's Low
$126.46
Volume
441,366
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555,508
52-wk High
$140.77
52-wk Low
$98.60

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
Wednesday, 8 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
Monday, 4 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
Monday, 6 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

Carlyle Group, Diamondback partner to develop Permian assets

Sept 11 Private equity firm Carlyle Group LP said on Tuesday it would fund the development of Diamondback Energy Inc's oil and gas assets in the prolific Permian basin of Texas.