secwatch.observer — SEC 8-K summary
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Issuer:     Diamondback Energy, Inc. (FANG)
CIK:        0001539838
Form:       8-K
Filed at:   2024-07-11T23:59:59+00:00
Accession:  0001539838-24-000144
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1539838/000153983824000144/0001539838-24-000144-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1539838/000153983824000144/fang-20240711.htm
  HTML page:      https://secwatch.observer/filing/0001539838-24-000144

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