---
schema_version: "secwatch.filing_event.v1"
accession: "0001539838-25-000016"
form_type: "8-K"
ticker: "FANG"
cik: "0001539838"
company_name: "Diamondback Energy, Inc."
filed_at: "2025-02-24T23:59:59+00:00"
generated_at: "2026-05-26T05:48:38.536325+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Diamondback Energy Q4 net income $1.1B, raises annual base dividend 11% to $4.00

## Summary
- Q4 2024 diluted EPS $3.67 ($3.64 adjusted); FY 2024 diluted EPS $15.53 ($16.57 adjusted).
- Q4 average production 475.9 MBO/d (883.4 MBOE/d); FY production 337.0 MBO/d (598.3 MBOE/d).
- Declared Q4 base dividend $1.00/share; annual base dividend increased 11% to $4.00/share.
- Q4 share repurchases 2.3M shares for $402M; total FY repurchases 5.5M shares for $959M.
- FY 2025 oil production guidance 485-498 MBO/d (883-909 MBOE/d); cash capex $3.8-$4.2B; includes pending Double Eagle acquisition from April 1.

## SEC filing metadata
- accession: 0001539838-25-000016
- form_type: 8-K
- ticker: FANG
- cik: 0001539838
- company_name: Diamondback Energy, Inc.
- filed_at: 2025-02-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1539838/000153983825000016/0001539838-25-000016-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1539838/000153983825000016/fang-20250224.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001539838-25-000016
- JSON: https://secwatch.observer/filing/0001539838-25-000016.json
- Plain text: https://secwatch.observer/filing/0001539838-25-000016.txt

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