---
schema_version: "secwatch.filing_event.v1"
accession: "0001539838-24-000009"
form_type: "8-K"
ticker: "FANG"
cik: "0001539838"
company_name: "Diamondback Energy, Inc."
filed_at: "2024-01-10T23:59:59+00:00"
generated_at: "2026-06-07T00:55:59.591869+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Diamondback Q4 2023 realized oil $76.42/bbl; derivative net cash loss $48M

## Summary
- Q4 avg unhedged realized prices: oil $76.42/bbl, nat gas $1.29/Mcf, NGLs $19.96/bbl.
- Q4 cash settlements on derivatives: net loss of $48M ($21M commodity, $27M interest rate); non-cash gain of $147M.
- Q4 weighted avg basic and diluted shares: 178.8M.

## SEC filing metadata
- accession: 0001539838-24-000009
- form_type: 8-K
- ticker: FANG
- cik: 0001539838
- company_name: Diamondback Energy, Inc.
- filed_at: 2024-01-10T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 2.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1539838/000153983824000009/0001539838-24-000009-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1539838/000153983824000009/fang-20240110.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001539838-24-000009
- JSON: https://secwatch.observer/filing/0001539838-24-000009.json
- Plain text: https://secwatch.observer/filing/0001539838-24-000009.txt

## Key facts
- Earnings Releases
  Diamondback Energy, Inc. reported financial results for the quarter ended December 31, 2023.
  - Period: the quarter ended December 31, 2023
  - Result: reported results
  source text: Diamondback Energy, Inc. (“Diamondback”) presents in this Item 2.02 certain information for the quarter ended December 31, 2023 regarding its derivative activity, realized prices, and weighted average basic and diluted shares outstanding.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1539838/000153983824000009/0001539838-24-000009-index.htm

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