---
schema_version: "secwatch.filing_event.v1"
accession: "0001539838-24-000195"
form_type: "8-K"
ticker: "FANG"
cik: "0001539838"
company_name: "Diamondback Energy, Inc."
filed_at: "2024-11-04T23:59:59+00:00"
generated_at: "2026-05-30T06:01:31.170638+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Diamondback Q3 net income $659M, EPS $3.19; closes Endeavor merger, announces accretive asset trade with TRP

## Summary
- Q3 net income $659M ($3.19 diluted EPS); adjusted net income $698M ($3.38 diluted EPS).
- Closed Endeavor merger on Sept 10; average production 571.1 MBOE/d including Endeavor.
- Declared Q3 base dividend $0.90/share, payable Nov 21 to holders of record Nov 14.
- Repurchased ~2.9M shares for $515M in Q3; remaining authorization ~$2.9B.
- Announced asset trade with TRP: Diamondback trades Delaware Basin assets plus ~$238M cash for TRP's Midland Basin assets (~15,000 net acres) expected close Dec 2024.

## SEC filing metadata
- accession: 0001539838-24-000195
- form_type: 8-K
- ticker: FANG
- cik: 0001539838
- company_name: Diamondback Energy, Inc.
- filed_at: 2024-11-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1539838/000153983824000195/0001539838-24-000195-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1539838/000153983824000195/fang-20241104.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001539838-24-000195
- JSON: https://secwatch.observer/filing/0001539838-24-000195.json
- Plain text: https://secwatch.observer/filing/0001539838-24-000195.txt

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