MIDLAND, Texas, Sept. 12, 2013 (GLOBE NEWSWIRE) -- Diamondback Energy Inc. (Nasdaq:FANG) ("Diamondback Energy") announced today that it has priced an offering of $450 million aggregate principal amount of its 7.625% Senior Notes Due 2021 (the "Notes") at an issue price of 100% of the aggregate principal amount of the Notes. The Notes will mature on October 1, 2021, unless redeemed in accordance with their terms prior to [...]
MIDLAND, Texas, Sept. 9, 2013 (GLOBE NEWSWIRE) -- Diamondback Energy Inc. (Nasdaq:FANG) ("Diamondback Energy") announced today that it proposes to offer, subject to market conditions and other factors, $450 million aggregate principal amount of senior notes due 2021 (the "Notes") to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and to certain [...]
MIDLAND, Texas, Sept. 3, 2013 (GLOBE NEWSWIRE) -- Diamondback Energy Inc. (Nasdaq:FANG) ("Diamondback") today announced that it has entered into a definitive agreement with an unrelated third party seller to purchase mineral interests under approximately 15,000 gross (12,500 net) acres in Midland County for approximately $440 million, subject to certain adjustments. More than half of these minerals are operated by [...]
MIDLAND, Texas, Aug. 20, 2013 (GLOBE NEWSWIRE) -- Diamondback Energy Inc. (Nasdaq:FANG) ("Diamondback Energy") today announced the closing of an underwritten public offering of 4,000,000 shares of its common stock at a public offering price of $40.25 per share. The underwriters have a 30-day option to purchase up to an additional 600,000 shares from Diamondback Energy at the public offering price (less the underwriting [...]
Diamondback Energy today announced the pricing of an underwritten public offering of 4,000,000 shares of its common stock at a price of $40.25 per share. The underwriters have an option to purchase up to an additional 600,000 shares from Diamondback Energy at the public offering price (less the underwriting discount). All of the shares to be sold in the offering will be sold by Diamondback Energy.
Diamondback Energy announced today the launch of an underwritten public offering of 4,000,000 shares of its common stock, subject to market and other conditions. The underwriters will have an option to purchase up to an additional 600,000 shares of common stock from Diamondback Energy. All of the shares to be sold in the offering will be sold by Diamondback Energy. Diamondback Energy intends to use the net proceeds from [...]
Diamondback Energy today announced financial and operating results for the second quarter ended June 30, 2013. During the second quarter of 2013, net income was $14.5 million, or $0.36 per diluted share. Net income for the second quarter includes a net unrealized gain on commodity derivatives of $3.9 million ($2.5 million net of tax), or $0.06 per diluted share. Without the impact of this item, net
Diamondback Energy today announced that it plans to release its second quarter financial results on Tuesday, August 6, 2013 after the market closes. In connection with the earnings release, Diamondback Energy, Inc. will host a conference call and webcast for investors and analysts to discuss its results for the quarter on Wednesday, August 7, 2013 at 10:00 a.m. ET (9:00 a.m. CT).
Diamondback Energy today announced the pricing of an underwritten public offering of 6,000,000 shares of its common stock by certain selling stockholders at a price of $34.75 per share. The 6,000,000 share offering represents a 1,000,000 share upsize to the originally proposed 5,000,000 share offering. The underwriters have an option to purchase up to an additional 869,222 shares from the selling stockholders at the [...]
Diamondback Energy announced today the launch of an underwritten public offering of 5,000,000 shares of its common stock by certain selling stockholders, subject to market and other conditions. The underwriters will have an option to purchase up to an additional 750,000 shares of common stock from the selling stockholders. The shares to be sold in the offering will be sold by certain entities controlled by Wexford Capital [...]
Diamondback Energy today announced the closing of an underwritten public offering of 5,175,000 shares of its common stock at a price of $29.25 per share, including the full exercise of 675,000 shares of common stock that were subject to the underwriters' 30 day option to purchase additional shares. Net proceeds to Diamondback Energy, after underwriting discounts and commissions and estimated expenses, are expected to be [...]
Diamondback Energy today announced the pricing of an underwritten public offering of 4,500,000 shares of its common stock at a price of $29.25 per share. The 4,500,000 share offering represents a 500,000 share upsize to the originally proposed 4,000,000 share offering. The underwriters have an option to purchase up to an additional 675,000 shares from Diamondback Energy at the public offering price (less the underwriting [...]