Diamondback Energy, Inc. — fact timeline

Diamondback Energy, Inc. amended credit facility of $3.0 billion with Wells Fargo Bank, National Association, as administrative agent maturing June 12, 2031.

“The Amendment (i) extended the maturity date under the Credit Agreement from June 12, 2030 to June 12, 2031, (ii) increased the total commitments under the Credit Agreement from $2.5 billion to $3.0 billion, and (iii) amended certain other provisions of the Credit Agreement as set out in the Amendment. Additionally, the Amendment decreased the interest rate applicable to loans and certain fees payable under the Credit Agreement.”

Diamondback Energy, Inc. amended Amendment to Second Amended and Restated Credit Agreement with Wells Fargo Bank, National Association, as administrative agent, and the lenders party thereto valued at $3.0 billion (effective 2026-06-12).

“On June 12, 2026, Diamondback Energy, Inc., as parent guarantor (the “Company”) and Diamondback E&P LLC (the “Borrower”) entered into a seventeenth amendment (the “Amendment”) to the Second Amended and Restated Credit Agreement, dated as of November 1, 2013, with Wells Fargo Bank, National Association, as administrative agent (the “Administrative Agent”), and the lenders party thereto (as amended, supplemented or otherwise modified to the date thereof and as further amended by the Amendment, the “Credit Agreement”).”

Travis D. Stice changed role as non-executive Chairman of the Board at Diamondback Energy, Inc..

“Travis D. Stice stepped down as Executive Chairman of the Board of Directors of the Company (the “Board”) and became non-executive Chairman of the Board, in each case effective as of May 20, 2026, the date of the Company’s 2026 Annual Meeting of Stockholders (the “2026 Annual Meeting”).”

Diamondback Energy, Inc. updated its first quarter ended March 31, 2026 guidance (raised).

“On May 4, 2026, Diamondback Energy, Inc. (the “Company”) issued a press release announcing financial and operating results for the first quarter ended March 31, 2026, including the first quarter 2026 base cash dividend and an increase in the annual base dividend and production guidance”

Diamondback Energy, Inc. reported financial results for the quarter ended March 31, 2026.

“Diamondback Energy, Inc. (“Diamondback”) presents in this Item 2.02 certain information for the quarter ended March 31, 2026 regarding its realized prices, derivative activity and weighted average basic and diluted shares outstanding.”

Diamondback Energy, Inc. entered into Underwriting Agreement with SGF FANG Holdings, LP and Evercore Group L.L.C., Citigroup Global Markets Inc. and J.P. Morgan Securities LLC, as representatives of the several underwriters (effective 2026-03-10).

“On March 10, 2026, Diamondback Energy, Inc. (the “ Company ”) entered into an underwriting agreement (the “ Underwriting Agreement ”) with SGF FANG Holdings, LP (the “ Selling Stockholder ”) and Evercore Group L.L.C., Citigroup Global Markets Inc. and J.P. Morgan Securities LLC, as representatives of the several underwriters named therein”

David L. Houston departed as Director at Diamondback Energy, Inc..

“David L. Houston, who served as a director of the Company since the Company’s initial public offering, did not stand for re-election at the 2025 Annual Meeting and retired as a director and member of the Company’s Audit Committee and Safety, Sustainability and Corporate Responsibility Committee, effective as of the date of the 2025 Annual Meeting.”

Kaes Van't Hof was appointed as Director at Diamondback Energy, Inc..

“At the 2025 Annual Meeting, Mr. Van’t Hof was also elected to serve as a director of the Company until the 2026 Annual Meeting of Stockholders”

Kaes Van't Hof changed role as Chief Executive Officer at Diamondback Energy, Inc..

“Effective as of the date of the 2025 Annual Meeting, Kaes Van’t Hof, former President of the Company, succeeded Mr. Stice as Chief Executive Officer.”

Travis D. Stice changed role as Executive Chairman at Diamondback Energy, Inc..

“Travis D. Stice stepped down as Chief Executive Officer of the Company and became Executive Chairman of the Board of Directors of the Company, in each case effective as of May 21, 2025”

Diamondback Energy, Inc. incurred term loan of up to $1.5 billion with Bank of America, N.A., as administrative agent at alternate base rate or the adjusted Term SOFR rate, in each case, plus an applic maturing second anniversary of the Closing Date.

“The Term Loan Agreement provides the Borrower with the ability to borrow up to $1.5 billion on an unsecured basis to pay a portion of the cash consideration for the Acquisition and/or pay fees, costs and expenses related thereto.”

Diamondback Energy, Inc. incurred senior notes of $1,200,000,000 aggregate principal amount with Computershare Trust Company, National Association at 5.550% maturing 2035.

“On March 20, 2025, Diamondback Energy, Inc. (the “Company” or “Diamondback”) completed its previously announced underwritten public offering (the “Notes Offering”) of $1,200,000,000 aggregate principal amount of its 5.550% Senior Notes due 2035 (the “Notes”).”

David L. Houston retired as Director at Diamondback Energy, Inc..

“David L. Houston, who has been a member of the Board since the Company’s initial public offering and who currently serves on the Company’s Audit Committee and Safety, Sustainability and Corporate Responsibility Committee, informed the Company of his decision to retire as a director when his existing term concludes immediately after the 2025 Annual Meeting of Stockholders.”

Jere W. Thompson III was appointed as Executive Vice President and Chief Financial Officer at Diamondback Energy, Inc..

“Effective as of February 20, 2025, Jere W. Thompson III, current Executive Vice President of Strategy and Corporate Development of the Company, will assume the role of Executive Vice President and Chief Financial Officer.”

Kaes Van't Hof changed role as Chief Executive Officer at Diamondback Energy, Inc..

“Kaes Van’t Hof, current President and Chief Financial Officer of the Company, will succeed Mr. Stice as Chief Executive Officer and will be nominated for election to the Board at the Company’s 2025 Annual Meeting of Stockholders.”

Travis D. Stice changed role as Executive Chairman at Diamondback Energy, Inc..

“Travis D. Stice intends to step down as Chief Executive Officer effective as of the Company’s 2025 Annual Meeting of Stockholders. At that time, Mr. Stice will transition from Chief Executive Officer to Executive Chairman of the Board of Directors of the Company (the “Board”)”

Darin G. Holderness was appointed as Director at Diamondback Energy, Inc..

“the Board of Directors of the Company (the “ Board ”) increased the size of the Board by one director and appointed Darin G. Holderness to the resulting vacancy (the “ Appointment ”).”

Diamondback Energy, Inc. completed an acquisition involving Endeavor Parent, LLC for cash consideration of approximately $7.1 billion and approximately 117.3 million shares of Company Common Stock (closed 2024-09-10).

“On the Closing Date, the Acquisition was completed and the Company acquired 100% of the Endeavor Interests from the Endeavor Stockholders in exchange for, in the aggregate, (i) cash consideration of approximately $7.1 billion (which is subject to certain customary post-closing adjustment under the terms of the Merger Agreement) and (ii) approximately 117.3 million shares of Company Common Stock.”

Robert K. Reeves was appointed as Director at Diamondback Energy, Inc..

“Pursuant to the Merger Agreement and Stockholders Agreement, the Company and the former members of Endeavor who received Company Common Stock in the Acquisition mutually agreed to cause each of Lance Robertson, Charles Meloy and Robert K. Reeves to be appointed to the board of directors of the Company (the “ Board ”).”

Charles Meloy was appointed as Director at Diamondback Energy, Inc..

“Pursuant to the Merger Agreement and Stockholders Agreement, the Company and the former members of Endeavor who received Company Common Stock in the Acquisition mutually agreed to cause each of Lance Robertson, Charles Meloy and Robert K. Reeves to be appointed to the board of directors of the Company (the “ Board ”).”

Lance Robertson was appointed as Director at Diamondback Energy, Inc..

“Pursuant to the Merger Agreement and Stockholders Agreement, the Company and the former members of Endeavor who received Company Common Stock in the Acquisition mutually agreed to cause each of Lance Robertson, Charles Meloy and Robert K. Reeves to be appointed to the board of directors of the Company (the “ Board ”).”

Diamondback Energy, Inc. reported the first quarter ended March 31, 2024 results: net income $768 million, EPS $4.28 per diluted share.

“Diamondback's first quarter 2024 net income was $768 million, or $4.28 per diluted share.”

Diamondback Energy, Inc. shareholders approved Charter Amendment Proposal: To adopt an amendment to the Second Amended and Restated Certificate of Incorporation of the Company (the “ Charter ”) to increase the total number of authorized shares of Company Common Stock under the terms of the Charter from 400 million shares to 800 million shares of at the 2024-04-26 meeting.

“2. Charter Amendment Proposal: To adopt an amendment to the Second Amended and Restated Certificate of Incorporation of the Company (the “ Charter ”) to increase the total number of authorized shares of Company Common Stock under the terms of the Charter from 400 million shares to 800 million shares of Company Common Stock. For Against Abstain 155,286,430 6,332,915 156,117”

Diamondback Energy, Inc. shareholders approved Stock Issuance Proposal: To approve, for the purposes of complying with the applicable provisions of Nasdaq Listing Rule 5635, the issuance of an aggregate of 117,267,069 shares of Company Common Stock. at the 2024-04-26 meeting.

“1. Stock Issuance Proposal: To approve, for the purposes of complying with the applicable provisions of Nasdaq Listing Rule 5635, the issuance of an aggregate of 117,267,069 shares of Company Common Stock. For Against Abstain 148,982,468 197,120 103,375”

Diamondback Energy, Inc. incurred senior notes of $1,000,000,000 with Noteholders at 5.900% maturing 2064.

“(v) $1,000,000,000 aggregate principal amount of its 5.900% Senior Notes due 2064 (the “2064 Notes””

Diamondback Energy, Inc. incurred senior notes of $1,500,000,000 with Noteholders at 5.750% maturing 2054.

“(iv) $1,500,000,000 aggregate principal amount of its 5.750% Senior Notes due 2054 (the “2054 Notes”)”

Diamondback Energy, Inc. incurred senior notes of $1,300,000,000 with Noteholders at 5.400% maturing 2034.

“(iii) $1,300,000,000 aggregate principal amount of its 5.400% Senior Notes due 2034 (the “2034 Notes”),”

Diamondback Energy, Inc. incurred senior notes of $850,000,000 with Noteholders at 5.150% maturing 2030.

“(ii) $850,000,000 aggregate principal amount of its 5.150% Senior Notes due 2030 (the “2030 Notes”),”

Diamondback Energy, Inc. incurred senior notes of $850,000,000 with Noteholders at 5.200% maturing 2027.

“On April 18, 2024, Diamondback Energy, Inc. (the “Company” or “Diamondback”) completed its previously announced underwritten public offering (the “Notes Offering”) of (i) $850,000,000 aggregate principal amount of its 5.200% Senior Notes due 2027 (the “2027 Notes”),”

Diamondback Energy, Inc. entered into Second Supplemental Indenture with Computershare Trust Company, National Association valued at $850,000,000 aggregate principal amount of its 5.200% Senior Notes due 2027, $850,000,000 aggregate (effective 2024-04-18).

“the Second Supplemental Indenture, dated as of April 18, 2024 (the “Second Supplemental Indenture” and, together with the Base Indenture, the “Indenture”), among the Company, as the issuer, Diamondback E&P LLC, as the subsidiary guarantor (“E&P”), and the Trustee, setting forth specific terms applicable to the Notes.”

Diamondback Energy, Inc. reported financial results for the quarter ended March 31, 2024.

“Diamondback Energy, Inc. (“Diamondback”) presents in this Item 2.02 certain information for the quarter ended March 31, 2024 regarding its derivative activity, realized prices, and weighted average basic and diluted shares outstanding.”

Diamondback Energy, Inc. amended Merger Agreement Amendment with Endeavor Parent, LLC valued at Amended Merger Agreement to modify Stockholders Agreement, removing certain transfer restrictions an (effective 2024-03-18).

“On March 18, 2024, the Company, Merger Sub I, Merger Sub II, the Company Representative and Endeavor entered into an amendment to the Merger Agreement (the "Merger Agreement Amendment").”

Diamondback Energy, Inc. amended revolving credit of increased the total revolving loan commitments under the Revolving Credit Agreement from $1.6 billion to $2.5 billion with Wells Fargo Bank, National Association at remains unchanged.

“increased the total revolving loan commitments under the Revolving Credit Agreement from $1.6 billion to $2.5 billion (such increased amount, the "Increased Commitment")”

Diamondback Energy, Inc. incurred term loan of up to $1.5 billion with Citibank, N.A. at alternate base rate or the adjusted Term SOFR rate, in each case, plus an applic.

“The Term Loan Agreement provides the Borrower with the ability to borrow up to $1.5 billion (comprised of $1 billion of "Tranche A Loans" and $500 million of "Tranche B Loans") on an unsecured basis”

Diamondback Energy, Inc. amended Fourteenth Amendment with Wells Fargo Bank, National Association, as administrative agent (effective 2024-03-06).

“On March 6, 2024, the Company and the Borrower entered into a fourteenth amendment (the “Revolving Amendment”) to the Second Amended and Restated Credit Agreement, dated as of November 1, 2013, with Wells Fargo Bank, National Association, as administrative agent (the “Administrative Agent”), and the lenders party thereto (as amended, supplemented or otherwise modified prior to the date of the Revolving Amendment and as further amended by the Revolving Amendment, the “Revolving Credit Agreement”).”

Diamondback Energy, Inc. entered into Term Loan Credit Agreement with Citibank, N.A., as administrative agent valued at $1.5 billion (effective 2024-02-29).

“On February 29, 2024 (the “Term Loan Effective Date”), Diamondback Energy, Inc., as guarantor (the “Company”), entered into a Term Loan Credit Agreement with Diamondback E&P LLC, as borrower (the “Borrower”), the lenders named therein and Citibank, N.A., as administrative agent (the “Term Loan Agreement”).”

Diamondback Energy, Inc. updated its Q1 2024 guidance (initiated).

“Q1 2024 oil production guidance of 270 - 274 MBO/d (458 - 464 MBOE/d)”

Diamondback Energy, Inc. updated its full year 2024 guidance (initiated).

“Full year 2024 oil production guidance of 270 - 275 MBO/d (458 - 466 MBOE/d)”

Diamondback Energy, Inc. reported financial results for full year ended December 31, 2023.

“Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or the “Company”) today announced financial and operating results for the fourth quarter and full year ended December 31, 2023.”

Diamondback Energy, Inc. reported fourth quarter ended December 31, 2023 results: net income $960 million, EPS $5.34 per diluted share.

“Diamondback's fourth quarter 2023 net income was $960 million, or $5.34 per diluted share.”

Diamondback Energy, Inc. reported preliminary financial results for the fourth quarter ended December 31, 2023.

“On February 12, 2024, the Company issued a press release, that includes certain preliminary operating results of the Company for the fourth quarter ended December 31, 2023.”

Diamondback Energy, Inc. entered into Agreement and Plan of Merger with Endeavor Parent, LLC (effective 2024-02-11).

“On February 11, 2024, Diamondback Energy, Inc., a Delaware corporation (the “ Company ”), entered into an Agreement and Plan of Merger (the “ Merger Agreement ”), by and among the Company, Eclipse Merger Sub I, LLC, a Delaware limited liability company and a wholly owned subsidiary of the Company (“ Merger Sub I ”), Eclipse Merger Sub II, LLC, a Delaware limited liability company and a wholly owned subsidiary of the Company (“ Merger Sub II ”), Endeavor Manager, LLC, a Texas limited liability company (the “ Company Representative ”) (solely for purposes of certain sections set forth therein), and Endeavor Parent, LLC, a Texas limited liability company (“ Endeavor ”).”

Diamondback Energy, Inc. reported financial results for the quarter ended December 31, 2023.

“Diamondback Energy, Inc. (“Diamondback”) presents in this Item 2.02 certain information for the quarter ended December 31, 2023 regarding its derivative activity, realized prices, and weighted average basic and diluted shares outstanding.”

Diamondback Energy, Inc. reported third quarter ended September 30, 2023 results: net income $915 million, EPS $5.07 per diluted share.

“Diamondback's third quarter 2023 net income was $915 million, or $5.07 per diluted share.”

Diamondback Energy, Inc. reported financial results for quarter ended September 30, 2023.

“Diamondback Energy, Inc. (“Diamondback” or the “Company”) presents in this Item 2.02 certain information for the quarter ended September 30, 2023 regarding its derivative activity, realized prices, and weighted average basic and diluted shares outstanding.”

Diamondback Energy, Inc. reported the second quarter ended June 30, 2023 results: net income $556 million, EPS $3.05 per diluted share.

“second quarter 2023 net income was $556 million, or $3.05 per diluted share”

Diamondback Energy, Inc. reported financial results for the quarter ended June 30, 2023.

“Diamondback Energy, Inc. (“Diamondback” or the “Company”) presents in this Item 2.02 certain information for the quarter ended June 30, 2023 regarding its derivative activity, realized prices, and weighted average basic and diluted shares outstanding.”

Diamondback Energy, Inc.: Removed supermajority vote standards from bylaws and provided special meeting right for qualifying stockholders (effective 2023-06-08).

“consistent with the Charter Amendments reflected in the Second Amended and Restated Charter, the Fourth A&R Bylaws: (i) remove the 66 2/3% supermajority vote standards from the bylaws to align them with the Second Amended and Restated Charter; and (ii) provide the Company’s stockholders holding, for their own account, the Requisite Percent of the Company’s voting stock and acting on their own behalf (and not on behalf of any other person or entity) the right to request a special meeting”

Diamondback Energy, Inc.: Removed supermajority vote requirements, provided special meeting right for 25% net long holders, and added officer exculpation under Delaware law (effective 2023-06-08).

“to: (i) remove the 66 2/3% supermajority vote requirements for the stockholders to approve certain amendments to the Company Charter and to remove directors from office; (ii) provide that stockholders holding at least 25% of the voting power, determined on a net long basis (the “Requisite Percent”), for at least one year, may call special meetings of stockholders; and (iii) approve charter amendments to reflect new Delaware law provisions regarding officer exculpation (each, a “Charter Amendment,” and, collectively, the “Charter Amendments”).”

Diamondback Energy, Inc. shareholders approved Amendment to Charter to remove supermajority vote requirements at the 2023-06-08 meeting.

“The amendments to the Company Charter to remove the 66 2/3% supermajority vote requirements for the stockholders to approve certain amendments to the Company Charter and to remove directors from office were approved. The results of the stockholder vote on Proposal 3 were as follows: For Against Abstain Non-Votes 148,286,607 2,514,446 134,870 12,793,957”