---
schema_version: "secwatch.filing_event.v1"
accession: "0001539838-24-000144"
form_type: "8-K"
ticker: "FANG"
cik: "0001539838"
company_name: "Diamondback Energy, Inc."
filed_at: "2024-07-11T23:59:59+00:00"
generated_at: "2026-05-31T21:46:21.199404+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Diamondback Q2 2024 realized oil $79.51/bbl unhedged, $78.55 hedged; net derivative cash outflow $28M

## Summary
- Unhedged realized prices: oil $79.51/Bbl, gas $0.10/Mcf, NGLs $17.97/Bbl.
- Hedged realized prices: oil $78.55/Bbl, gas $1.03/Mcf, NGLs $17.97/Bbl.
- Derivative cash settlements net outflow $28M; non-cash net gain $46M; total gain $18M.
- Weighted average basic shares 178.36M for Q2 2024.
- Plans to exclude $25M loss on treasury locks from return of capital calculation.

## SEC filing metadata
- accession: 0001539838-24-000144
- form_type: 8-K
- ticker: FANG
- cik: 0001539838
- company_name: Diamondback Energy, Inc.
- filed_at: 2024-07-11T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1539838/000153983824000144/0001539838-24-000144-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1539838/000153983824000144/fang-20240711.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001539838-24-000144
- JSON: https://secwatch.observer/filing/0001539838-24-000144.json
- Plain text: https://secwatch.observer/filing/0001539838-24-000144.txt

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