MIDLAND, Texas, Jan. 24, 2018 -- Diamondback Energy Inc. announced today that it has priced an offering of $300.0 million aggregate principal amount of its 5.375% Senior Notes due 2025 , representing a $50.0 million upsize from the previously announced size of the offering, at an issue price of 104.0% of the aggregate principal amount of the New Notes . The New Notes will mature on May 31, 2025, unless redeemed in [...]
MIDLAND, Texas, Jan. 24, 2018 -- Diamondback Energy Inc. announced today that it proposes to offer, subject to market conditions and other factors, $250.0 million aggregate principal amount of its 5.375% Senior Notes due 2025 to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended , and to certain non-U.S. persons in accordance with Regulation S under the Securities Act . The [...]
MIDLAND, Texas, Nov. 06, 2017 (GLOBE NEWSWIRE) -- Diamondback Energy Inc. (NASDAQ:FANG) (“Diamondback” or the “Company”) today announced financial and operating results for the third quarter ended September 30, 2017. HIGHLIGHTS Q3 2017 net income of $73 million, or $0.74 per diluted share; adjusted net income (as defined and reconciled below) of $131 million, or $1.33 per diluted share Previously [...]
MIDLAND, Texas, Oct. 16, 2017 (GLOBE NEWSWIRE) -- Diamondback Energy Inc. (NASDAQ:FANG) (“Diamondback”), today announced that it plans to release third quarter 2017 financial results on November 6, 2017 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 third quarter of 2017 on Tuesday [...]
MIDLAND, Texas, Oct. 02, 2017 (GLOBE NEWSWIRE) -- Diamondback Energy Inc. (NASDAQ:FANG) (“Diamondback” or the “Company”) today announced production for the third quarter of 2017 was 85.0 Mboe/d (61.7 Mbo/d; 73% oil), an increase of over 10% from Q2 2017 average daily production of 77.0 Mboe/d. Third quarter production volumes were not affected by Hurricane Harvey. Viper Energy Partners LP [...]
MIDLAND, Texas, Aug. 09, 2017 (GLOBE NEWSWIRE) -- Diamondback Energy Inc. (NASDAQ:FANG) (“Diamondback”) announced today the pricing of an underwritten public offering of 3,000,000 shares of its common stock by certain selling stockholders. The underwriter intends to offer the shares from time to time for sale in one or more transactions on the NASDAQ Global Select Market, in the over-the-counter market [...]
MIDLAND, Texas, Aug. 09, 2017 (GLOBE NEWSWIRE) -- Diamondback Energy Inc. (NASDAQ:FANG) (“Diamondback”) announced today the launch of an underwritten public offering of 3,000,000 shares of its common stock by certain selling stockholders, subject to market and other conditions. The underwriter will have an option to purchase up to an additional 450,000 shares of common stock from the selling stockholders [...]
Black Mountain Sand LLC (“Black Mountain” or the “Company) announced that the Company has entered into a new multi-year supply contract with Diamondback Energy Inc. (NASDAQ:FANG) ("Diamondback") beginning in early 2018. This agreement will ensure Diamondback’s long-term continuity of frac sand supply through committed capacity of Black Mountain’s two 4 million tons per year facilities and 1.5 [...]
MIDLAND, Texas, Aug. 01, 2017 (GLOBE NEWSWIRE) -- Diamondback Energy Inc. (NASDAQ:FANG) (“Diamondback” or the “Company”) today announced financial and operating results for the second quarter ended June 30, 2017, corrected for a change to adjusted net income from the prior release. HIGHLIGHTS Q2 2017 net income of $158 million, or $1.61 per diluted share (adjusted net income of $123 million, or [...]
MIDLAND, Texas, Aug. 01, 2017 (GLOBE NEWSWIRE) -- Diamondback Energy Inc. (NASDAQ:FANG) (“Diamondback” or the “Company”) today announced financial and operating results for the second quarter ended June 30, 2017. HIGHLIGHTS Q2 2017 net income of $158 million, or $1.61 per diluted share (adjusted net income of $137 million, or $1.40 per diluted share) Q2 2017 production of 77.0 Mboe/d (75% oil), up [...]
MIDLAND, Texas, July 20, 2017 (GLOBE NEWSWIRE) -- Diamondback Energy Inc. (NASDAQ:FANG) (“Diamondback”), today announced that it plans to release second quarter 2017 financial results on August 1, 2017 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 2017 on [...]
MIDLAND, Texas, May 02, 2017 (GLOBE NEWSWIRE) -- Diamondback Energy Inc. (NASDAQ:FANG) (“Diamondback” or the “Company”) today announced financial and operating results for the first quarter ended March 31, 2017. HIGHLIGHTS Q1 2017 production of 61.6 Mboe/d (75% oil), up 19% over Q4 2016 with 13% quarterly organic growth Q1 2017 cash operating costs of $9.31/boe, including LOE of $4.80/boe and cash [...]