secwatch.observer — SEC 8-K summary
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Issuer:     Diamondback Energy, Inc. (FANG)
CIK:        0001539838
Form:       8-K
Filed at:   2023-10-10T23:59:59+00:00
Accession:  0001539838-23-000126
Event type: earnings
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.02
LLM model:  deepseek-v4-flash:cloud@v2

Diamondback Energy reports Q3 2023 realized oil price $81.57/bbl unhedged; derivative loss $24M
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- Avg unhedged realized oil price $81.57/bbl, nat gas $1.62/Mcf, NGLs $21.02/bbl.
- Hedged oil price $80.51/bbl; net cash loss on commodity derivatives $24M.
- Non-cash derivative loss $52M; total derivative loss (incl. interest rate swaps) $76M.
- Weighted avg basic shares outstanding 178.9M for Q3 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1539838/000153983823000126/0001539838-23-000126-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1539838/000153983823000126/fang-20231010.htm
  HTML page:      https://secwatch.observer/filing/0001539838-23-000126

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