Diamondback secondary offering of 12.65M shares by SGF FANG Holdings raises ~$1.9B

Diamondback Energy, Inc.

Selling stockholder SGF FANG Holdings, LP sold 12.65M shares (11M base + 1.65M over-allotment) in a secondary offering.
Gross proceeds to selling stockholder approx. $1.9 billion; Diamondback receives no proceeds.
Offering priced March 10, 2026, closed March 12; joint book-runners: Evercore, Citigroup, J.P. Morgan.
Offered under existing shelf registration (Form S-3, filed Sep 2024). Company not issuing any shares.

item 1.01item 8.01item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.