---
schema_version: "secwatch.filing_event.v1"
accession: "0001539838-22-000177"
form_type: "8-K"
ticker: "FANG"
cik: "0001539838"
company_name: "Diamondback Energy, Inc."
filed_at: "2022-12-05T23:59:59+00:00"
generated_at: "2026-06-21T09:33:01.560213+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Diamondback Energy prices $650M 6.250% Senior Notes due 2053

## Summary
- Issued $650M aggregate principal of 6.250% senior notes maturing March 15, 2053 at 99.985% of par.
- Net proceeds ~$642.1M; expected closing December 13, 2022.
- Proceeds for general corporate purposes, including Lario Permian acquisition cash consideration.
- Notes are senior unsecured obligations, guaranteed by Diamondback E&P LLC.
- Offering via shelf registration; joint book-runners: TD Securities, Citigroup, Truist Securities.

## SEC filing metadata
- accession: 0001539838-22-000177
- form_type: 8-K
- ticker: FANG
- cik: 0001539838
- company_name: Diamondback Energy, Inc.
- filed_at: 2022-12-05T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1539838/000153983822000177/0001539838-22-000177-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1539838/000153983822000177/fang-20221129.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001539838-22-000177
- JSON: https://secwatch.observer/filing/0001539838-22-000177.json
- Plain text: https://secwatch.observer/filing/0001539838-22-000177.txt

## Key facts
- Material Agreements
  Diamondback Energy, Inc. entered into Underwriting Agreement with TD Securities (USA) LLC, Citigroup Global Markets Inc. and Truist Securities, Inc. valued at $650,000,000 (effective 2022-11-29).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: TD Securities (USA) LLC, Citigroup Global Markets Inc. and Truist Securities, Inc.
  - Value: $650,000,000
  - Effective: 2022-11-29
  source text: On November 29, 2022, Diamondback Energy, Inc. (the “ Company ”), entered into an Underwriting Agreement (the “ Underwriting Agreement ”), by and among the Company, as the issuer, Diamondback E&P LLC, as the guarantor (“ E&P ”), and TD Securities (USA) LLC, Citigroup Global Markets Inc. and Truist Securities, Inc., as representatives of the several underwriters named therein (collectively, the “ Underwriters ”), providing for the issuance and sale of $650,000,000 aggregate principal amount of the Company’s 6.250% Senior Notes due 2053 (the “ New Notes ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1539838/000153983822000177/0001539838-22-000177-index.htm

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