---
schema_version: "secwatch.filing_event.v1"
accession: "0001539838-24-000191"
form_type: "8-K"
ticker: "FANG"
cik: "0001539838"
company_name: "Diamondback Energy, Inc."
filed_at: "2024-10-10T23:59:59+00:00"
generated_at: "2026-05-30T16:37:32.123078+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Diamondback reports Q3 2024 realized oil price $73.13/bbl; natural gas negative ($0.26)/Mcf

## Summary
- Unhedged realized prices: oil $73.13/Bbl, natural gas ($0.26)/Mcf, NGLs $17.70/Bbl.
- Hedged realized prices: oil $72.32/Bbl, natural gas $0.60/Mcf, NGLs $17.70/Bbl.
- Net cash paid on derivative settlements $4M; net non-cash derivative gain of $135M.
- Includes $37M loss on early termination of $300M of $1.2B interest rate swaps.
- Weighted average shares outstanding 204.7M (basic and diluted) for Q3 2024.

## SEC filing metadata
- accession: 0001539838-24-000191
- form_type: 8-K
- ticker: FANG
- cik: 0001539838
- company_name: Diamondback Energy, Inc.
- filed_at: 2024-10-10T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1539838/000153983824000191/0001539838-24-000191-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1539838/000153983824000191/fang-20241010.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001539838-24-000191
- JSON: https://secwatch.observer/filing/0001539838-24-000191.json
- Plain text: https://secwatch.observer/filing/0001539838-24-000191.txt

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