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

Issuer:     Diamondback Energy, Inc. (FANG)
CIK:        0001539838
Form:       8-K
Filed at:   2025-01-13T23:59:59+00:00
Accession:  0001539838-25-000003
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.02
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1539838/000153983825000003/0001539838-25-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1539838/000153983825000003/fang-20250113.htm
  HTML page:      https://secwatch.observer/filing/0001539838-25-000003

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