---
schema_version: "secwatch.filing_event.v1"
accession: "0001539838-25-000003"
form_type: "8-K"
ticker: "FANG"
cik: "0001539838"
company_name: "Diamondback Energy, Inc."
filed_at: "2025-01-13T23:59:59+00:00"
generated_at: "2026-05-28T03:15:51.054991+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Diamondback reports Q4 2024 realized oil price of $69.48/bbl, net derivative cash settlement loss of $15M

## Summary
- Q4 2024 average unhedged realized prices: oil $69.48/bbl, natural gas $0.48/Mcf, NGLs $19.27/bbl.
- Hedged realized prices: oil $68.72/bbl, natural gas $0.82/Mcf, NGLs $19.27/bbl.
- Net cash paid on derivative settlements totaled $15M (commodity net received $4M, interest rate swaps net paid $19M).
- Non-cash derivative gain of $51M; net derivative instruments gain total $36M.
- Basic and diluted weighted average shares outstanding for Q4 2024: 291.9M.

## SEC filing metadata
- accession: 0001539838-25-000003
- form_type: 8-K
- ticker: FANG
- cik: 0001539838
- company_name: Diamondback Energy, Inc.
- filed_at: 2025-01-13T23:59:59+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/1539838/000153983825000003/0001539838-25-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1539838/000153983825000003/fang-20250113.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001539838-25-000003
- JSON: https://secwatch.observer/filing/0001539838-25-000003.json
- Plain text: https://secwatch.observer/filing/0001539838-25-000003.txt

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