---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-041469"
form_type: "8-K/A"
ticker: "FANG"
cik: "0001539838"
company_name: "Diamondback Energy, Inc."
filed_at: "2024-09-19T23:59:59+00:00"
generated_at: "2026-05-31T03:36:52.428582+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Endeavor posts H1 2024 net loss of $119M on $2.05B tax charge; Diamondback deal closed Sept 10

## Summary
- Net loss of $119M vs net income of $1.799B in H1 2023; revenue rose 12% to $3.213B.
- Provision for income taxes surged to $2.052B from $13M due to S-corp to C-corp conversion effective Jan 1, 2024.
- Operating cash flow was $2.352B in H1 2024, up from $2.296B; capex on oil and gas properties totaled $1.277B.
- As of June 30, 2024: cash $895M, long-term debt $913M, members' equity $7.474B.
- Acquisition by Diamondback closed Sept 10, 2024: $8.0B cash plus ~117.3M shares of FANG common stock.

## SEC filing metadata
- accession: 0001140361-24-041469
- form_type: 8-K/A
- ticker: FANG
- cik: 0001539838
- company_name: Diamondback Energy, Inc.
- filed_at: 2024-09-19T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1539838/000114036124041469/0001140361-24-041469-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1539838/000114036124041469/ef20035848_8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-041469
- JSON: https://secwatch.observer/filing/0001140361-24-041469.json
- Plain text: https://secwatch.observer/filing/0001140361-24-041469.txt

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