secwatch.observer — SEC 8-K summary
======================================

Issuer:     Diamondback Energy, Inc. (FANG)
CIK:        0001539838
Form:       8-K
Filed at:   2024-10-10T23:59:59+00:00
Accession:  0001539838-24-000191
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1539838/000153983824000191/0001539838-24-000191-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1539838/000153983824000191/fang-20241010.htm
  HTML page:      https://secwatch.observer/filing/0001539838-24-000191

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