secwatch.observer — SEC 8-K summary
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Issuer:     Diamondback Energy, Inc. (FANG)
CIK:        0001539838
Form:       8-K
Filed at:   2025-02-24T23:59:59+00:00
Accession:  0001539838-25-000016
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1539838/000153983825000016/0001539838-25-000016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1539838/000153983825000016/fang-20250224.htm
  HTML page:      https://secwatch.observer/filing/0001539838-25-000016

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