---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-020511"
form_type: "8-K"
ticker: "FANG"
cik: "0001539838"
company_name: "Diamondback Energy, Inc."
filed_at: "2024-04-18T23:59:59+00:00"
generated_at: "2026-06-03T18:49:54.575391+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Diamondback Energy completes $5.5B senior notes offering; proceeds to fund pending Endeavor acquisition

## Summary
- Issued $850M 5.200% notes due 2027, $850M 5.150% notes due 2030, $1.3B 5.400% notes due 2034, $1.5B 5.750% notes due 2054, $1.0B 5.900% notes due 2064.
- Notes are senior unsecured obligations guaranteed by Diamondback E&P LLC.
- Special mandatory redemption at 101% if Endeavor acquisition not closed by August 11, 2025 (or agreed later date); 2054 notes exempt.
- Offering closed April 18, 2024; proceeds for general corporate purposes including financing the Endeavor merger.

## SEC filing metadata
- accession: 0001140361-24-020511
- form_type: 8-K
- ticker: FANG
- cik: 0001539838
- company_name: Diamondback Energy, Inc.
- filed_at: 2024-04-18T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1539838/000114036124020511/0001140361-24-020511-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1539838/000114036124020511/ef20027000_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-020511
- JSON: https://secwatch.observer/filing/0001140361-24-020511.json
- Plain text: https://secwatch.observer/filing/0001140361-24-020511.txt

## Key facts
- Debt Financings
  Diamondback Energy, Inc. incurred senior notes of $850,000,000 with Noteholders at 5.200% maturing 2027.
  - Instrument: senior notes
  - Principal: $850,000,000
  - Counterparty: Noteholders
  - Rate: 5.200%
  - Maturity: 2027
  - Event: incurrence
  source text: On April 18, 2024, Diamondback Energy, Inc. (the “Company” or “Diamondback”) completed its previously announced underwritten public offering (the “Notes Offering”) of (i) $850,000,000 aggregate principal amount of its 5.200% Senior Notes due 2027 (the “2027 Notes”),
  evidence_url: https://www.sec.gov/Archives/edgar/data/1539838/000114036124020511/0001140361-24-020511-index.htm
- Debt Financings
  Diamondback Energy, Inc. incurred senior notes of $1,000,000,000 with Noteholders at 5.900% maturing 2064.
  - Instrument: senior notes
  - Principal: $1,000,000,000
  - Counterparty: Noteholders
  - Rate: 5.900%
  - Maturity: 2064
  - Event: incurrence
  source text: (v) $1,000,000,000 aggregate principal amount of its 5.900% Senior Notes due 2064 (the “2064 Notes”
  evidence_url: https://www.sec.gov/Archives/edgar/data/1539838/000114036124020511/0001140361-24-020511-index.htm
- Debt Financings
  Diamondback Energy, Inc. incurred senior notes of $1,300,000,000 with Noteholders at 5.400% maturing 2034.
  - Instrument: senior notes
  - Principal: $1,300,000,000
  - Counterparty: Noteholders
  - Rate: 5.400%
  - Maturity: 2034
  - Event: incurrence
  source text: (iii) $1,300,000,000 aggregate principal amount of its 5.400% Senior Notes due 2034 (the “2034 Notes”),
  evidence_url: https://www.sec.gov/Archives/edgar/data/1539838/000114036124020511/0001140361-24-020511-index.htm
- Debt Financings
  Diamondback Energy, Inc. incurred senior notes of $1,500,000,000 with Noteholders at 5.750% maturing 2054.
  - Instrument: senior notes
  - Principal: $1,500,000,000
  - Counterparty: Noteholders
  - Rate: 5.750%
  - Maturity: 2054
  - Event: incurrence
  source text: (iv) $1,500,000,000 aggregate principal amount of its 5.750% Senior Notes due 2054 (the “2054 Notes”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1539838/000114036124020511/0001140361-24-020511-index.htm
- Debt Financings
  Diamondback Energy, Inc. incurred senior notes of $850,000,000 with Noteholders at 5.150% maturing 2030.
  - Instrument: senior notes
  - Principal: $850,000,000
  - Counterparty: Noteholders
  - Rate: 5.150%
  - Maturity: 2030
  - Event: incurrence
  source text: (ii) $850,000,000 aggregate principal amount of its 5.150% Senior Notes due 2030 (the “2030 Notes”),
  evidence_url: https://www.sec.gov/Archives/edgar/data/1539838/000114036124020511/0001140361-24-020511-index.htm
- Material Agreements
  Diamondback Energy, Inc. entered into Second Supplemental Indenture with Computershare Trust Company, National Association valued at $850,000,000 aggregate principal amount of its 5.200% Senior Notes due 2027, $850,000,000 aggregate (effective 2024-04-18).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: Computershare Trust Company, National Association
  - Value: $850,000,000 aggregate principal amount of its 5.200% Senior Notes due 2027, $850,000,000 aggregate
  - Effective: 2024-04-18
  source text: the Second Supplemental Indenture, dated as of April 18, 2024 (the “Second Supplemental Indenture” and, together with the Base Indenture, the “Indenture”), among the Company, as the issuer, Diamondback E&P LLC, as the subsidiary guarantor (“E&P”), and the Trustee, setting forth specific terms applicable to the Notes.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1539838/000114036124020511/0001140361-24-020511-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.