secwatch.observer — SEC 8-K summary
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Issuer:     Diamondback Energy, Inc. (FANG)
CIK:        0001539838
Form:       8-K
Filed at:   2024-04-08T23:59:59+00:00
Accession:  0001140361-24-018488
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Diamondback files Endeavor's audited FY 2023 financials; net income $3.98B
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- Endeavor 2023 net income $3,984M, down from $4,755M in 2022; revenue $6,187M vs $7,009M.
- Cash from operations $4,989M; capex $3,035M; distributions to members $2,522M.
- Total assets $11.2B, members' equity $8.5B; long-term debt $913M.
- Audited by Grant Thornton; reorganization to S-corp on Nov 13, 2023; converted to C-corp Jan 1, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1539838/000114036124018488/0001140361-24-018488-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1539838/000114036124018488/ny20021341x13_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-24-018488

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer