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Diamondback Energy Inc (FANG.OQ)

FANG.OQ on NASDAQ Stock Exchange Global Select Market

127.10USD
18 Apr 2018
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Latest Key Developments (Source: Significant Developments)

Diamondback Energy Q4 Earnings Per Share $1.16
Tuesday, 13 Feb 2018 

Feb 13 (Reuters) - Diamondback Energy Inc ::DIAMONDBACK ENERGY, INC. ANNOUNCES FOURTH QUARTER 2017 FINANCIAL AND OPERATING RESULTS; INITIATING DIVIDEND.Q4 EARNINGS PER SHARE $1.16.Q4 REVENUE $399 MILLION.Q4 ADJUSTED NON-GAAP EARNINGS PER SHARE $1.56.FULL YEAR 2018 PRODUCTION GUIDANCE OF 108.0 - 116.0 MBOE/D.SEES FULL YEAR 2018 CAPEX GUIDANCE OF $1,300 - $1,500 MILLION.INITIATING ANNUAL CASH DIVIDEND OF $0.50 PER COMMON SHARE TO BE PAYABLE QUARTERLY BEGINNING WITH Q1 2018.Q4 2017 PRODUCTION OF 92.9 MBOE/D (74% OIL), UP 9% OVER Q3 2017.  Full Article

Diamondback Energy Prices Upsized $300 Million Tack-On Offering Of Senior Notes
Wednesday, 24 Jan 2018 

Jan 24 (Reuters) - Diamondback Energy Inc ::DIAMONDBACK ENERGY PRICES UPSIZED $300 MILLION TACK-ON OFFERING OF SENIOR NOTES.DIAMONDBACK ENERGY INC - PRICED AN OFFERING OF $300.0 MILLION AGGREGATE PRINCIPAL AMOUNT OF ITS 5.375% SENIOR NOTES DUE 2025.  Full Article

Diamondback Energy Launches $250 Mln Tack-On Offering Of Senior Notes
Wednesday, 24 Jan 2018 

Jan 24 (Reuters) - Diamondback Energy Inc ::DIAMONDBACK ENERGY LAUNCHES $250 MILLION TACK-ON OFFERING OF SENIOR NOTES.DIAMONDBACK ENERGY - PROPOSES TO OFFER $250 MILLION OF ITS 5.375% SENIOR NOTES DUE 2025.DIAMONDBACK - ‍INTENDS TO USE PROCEEDS FROM OFFERING TO REPAY PORTION OF OUTSTANDING BORROWINGS UNDER REVOLVING CREDIT FACILITY​.  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

Diamondback Energy ‍production for Q3 of 2017 was 85.0 MBOE/D
Monday, 2 Oct 2017 

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
Thursday, 10 Aug 2017 

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 

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 

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 

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

BRIEF-Diamondback Energy Says Produced 102.6 mboe/d oil in Q1

* DIAMONDBACK ENERGY, INC. PROVIDES FIRST QUARTER 2018 PRODUCTION UPDATE