Midland, TX - Diamondback Energy Inc. today announced financial and operating results for the second quarter ended June 30, 2019. HIGHLIGHTS Q2 2019 net income of $349 million, or $2.11 per diluted share; adjusted net income of $280 million, or $1.70 per diluted share Q2 2019 Consolidated Adjusted EBITDA of $789 million; adjusted EBITDA net of non-controlling interest of $772 million Q2 2019 production of 280.4 Mboe/d [...]
Diamondback Energy Inc. , today announced that it plans to release second quarter 2019 financial results on August 6, 2019 after the market closes. In connection with the earnings release, Diamondback will host a conference call and webcast for investors and analysts to discuss its results for the second quarter of 2019 on Wednesday, August 7, 2019 at 9:00 a.m. CT. Participants should call 440-7573 or 237-1144 and use the [...]
Rattler Midstream LP , a subsidiary of Diamondback Energy Inc. , and Diamondback today announced that underwriters of its underwritten initial public offering of 38,000,000 common units representing limited partnership interests in Rattler, which closed on May 28, 2019, have exercised in full their option to purchase an additional 5,700,000 common units at a price to the public of $17.50 per common unit pursuant to their [...]
Rattler Midstream LP , a subsidiary of Diamondback Energy Inc. , and Diamondback today announced the closing of Rattler’s previously announced initial public offering of 38,000,000 common units representing limited partner interests at a price to the public of $17.50 per common unit. In addition, Rattler has granted the underwriters a 30-day option to purchase up to an additional 5,700,000 common units at the [...]
Rattler Midstream LP , a subsidiary of Diamondback Energy Inc. , and Diamondback today announced the pricing of Rattler’s initial public offering of 38,000,000 common units representing limited partner interests at $17.50 per common unit. The 38,000,000 offering of common units represents a 4,666,667 unit upsize to the originally proposed 33,333,333 offering of common units. In addition, Rattler has granted the [...]
Rattler Midstream LP , a subsidiary of Diamondback Energy Inc. , and Diamondback today announced the launch of Rattler’s initial public offering of 33,333,333 common units representing limited partner interests at an anticipated initial offering price between $16.00 and $19.00 per common unit, pursuant to a registration statement on Form S-1 filed with the U.S. Securities and Exchange Commission . Rattler expects to [...]
Diamondback Energy Inc. today announced financial and operating results for the first quarter ended March 31, 2019. HIGHLIGHTS Q1 2019 net income of $10 million, or $0.06 per diluted share; adjusted net income of $229 million, or $1.39 per diluted share Q1 2019 Consolidated Adjusted EBITDA of $675 million Q1 2019 production of 262.6 Mboe/d , up 44% over Q4 2018 and 156% year over year First quarter capital expenditures of [...]
Diamondback Energy Inc. , today announced that it plans to release first quarter 2019 financial results on May 7, 2019 after the market closes. In connection with the earnings release, Diamondback will host a conference call and webcast for investors and analysts to discuss its results for the first quarter of 2019 on Wednesday, May 8, 2019 at 9:00 a.m. CT. Participants should call 440-7573 or 237-1144 and use the [...]
Diamondback Energy Inc. today announced a series of leadership appointments and promotions, effective March 1, 2019, that will allow the Company to continue to execute on its capital efficient growth and best in class operations on a now significantly larger asset base. Kaes Van’t Hof, currently Senior Vice President of Strategy and Corporate Development, has been appointed Chief Financial Officer and Executive Vice [...]
Diamondback Energy Inc. today announced financial and operating results for the fourth quarter and full year ended December 31, 2018. 2018 HIGHLIGHTS Full year 2018 net income of $846 million, or $8.06 per diluted share; adjusted net income of $615 million, or $5.87 per diluted share 2018 production of 121.4 Mboe/d excluding the effect of the Energen acquisition, up 53% year over year and above the high-end of 2018 [...]
Diamondback Energy Inc. today announced that its Board of Directors has declared a cash dividend of $0.125 per common outstanding share for the fourth quarter of 2018. The dividend is payable on February 28, 2019, to all common stockholders of record at the close of business on February 21, 2019. About Diamondback Energy, Inc. Diamondback is an independent oil and natural gas Company headquartered in Midland, Texas [...]
Diamondback Energy Inc. , today announced that it plans to release fourth quarter 2018 financial results on February 19, 2019 after the market closes. In connection with the earnings release, Diamondback will host a conference call and webcast for investors and analysts to discuss its results for the fourth quarter of 2018 on Wednesday, February 20, 2019 at 9:00 a.m. CT. Participants should call 440-7573 or 237-1144 and [...]