Diamondback Energy, Inc. — fact timeline

Diamondback Energy, Inc. shareholders approved Advisory vote on executive compensation at the 2023-06-08 meeting.

“The Company’s stockholders approved, on an advisory basis, the compensation paid to the Company’s named executive officers. The results of the stockholder vote on Proposal 2 were as follows: For Against Abstain Non-Votes 145,449,130 5,341,364 145,429 12,793,957”

Diamondback Energy, Inc. shareholders approved Election of Directors at the 2023-06-08 meeting.

“Travis D. Stice, Vincent K. Brooks, David L. Houston, Rebecca A. Klein, Stephanie K. Mains, Mark L. Plaumann, Melanie M. Trent, Frank D. Tsuru and Steven E. West, were elected to continue to serve as the Company’s directors until the 2024 Annual Meeting of Stockholders or until their respective successors are duly elected and qualified. The results of the stockholder vote on Proposal 1 were as follows: Name of Nominee For Against Abstain Non-Votes Travis D. Stice 146,294,233 4,548,915 92,775 12,793,957 Vincent K. Brooks 148,017,867 2,797,242 120,814 12,793,957 David L. Houston 147,257,323 3,596,063 82,537 12,793,957 Rebecca A. Klein 150,551,982 317,560 66,381 12,793,957 Stephanie K. Mains 147,674,329 3,042,639 218,955 12,793,957 Mark L. Plaumann 146,218,132 4,630,140 87,651 12,793,957 Melanie M. Trent 143,867,459 7,000,962 67,502 12,793,957 Frank D. Tsuru 150,546,811 307,746 81,366 12,793,957 Steven E. West 149,342,915 1,509,378 83,630 12,793,957”

Diamondback Energy, Inc. reported first quarter ended March 31, 2023 results: net income $712 million, EPS $3.88 per diluted share.

“Diamondback's first quarter 2023 net income was $712 million, or $3.88 per diluted share.”

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

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

Michael P. Cross departed as Director at Diamondback Energy, Inc..

“On March 28, 2023, Michael P. Cross, who has been a member of the Board of Directors (the “Board”) of Diamondback Energy, Inc. (the “Company”) for over a decade since the Company’s initial public offering and who currently also serves on the Board’s Audit Committee, Compensation Committee, Nominating and Corporate Governance Committee and Safety, Sustainability and Corporate Responsibility Committee, informed the Company of his decision not to stand for re-election at the Company’s 2023 Annual Meeting of Stockholders (the “Annual Meeting”).”

Diamondback Energy, Inc. updated its fourth quarter and full year ended December 31, 2022 guidance (raised).

“On February 21, 2023 , Diamondback Energy, Inc. issued a press release reporting financial and operating results for the fourth quarter and full year ended December 31, 2022 and announcing the fourth quarter 2022 base and variable cash dividends and increase of the base dividend.”

Diamondback Energy, Inc. entered into Indenture with Computershare Trust Company, National Association valued at $650,000,000 (effective 2022-12-13).

“On December 13, 2022, the New Notes were issued pursuant to the Indenture (the “Base Indenture”), dated as of December 13, 2022, between the Company and Computershare Trust Company, National Association (the “Trustee”), as trustee, as supplemented by the First Supplemental Indenture, dated as of December 13, 2022 (the “First Supplemental Indenture” and, together with the Base Indenture, the “Indenture”), among the Company, Diamondback E&P LLC (the “Guarantor”), as guarantor, and the Trustee, setting forth specific terms applicable to the New Notes.”

Diamondback Energy, Inc. entered into Underwriting Agreement with TD Securities (USA) LLC, Citigroup Global Markets Inc. and Truist Securities, Inc. valued at $650,000,000 (effective 2022-11-29).

“On November 29, 2022, Diamondback Energy, Inc. (the “ Company ”), entered into an Underwriting Agreement (the “ Underwriting Agreement ”), by and among the Company, as the issuer, Diamondback E&P LLC, as the guarantor (“ E&P ”), and TD Securities (USA) LLC, Citigroup Global Markets Inc. and Truist Securities, Inc., as representatives of the several underwriters named therein (collectively, the “ Underwriters ”), providing for the issuance and sale of $650,000,000 aggregate principal amount of the Company’s 6.250% Senior Notes due 2053 (the “ New Notes ”).”

Diamondback Energy, Inc. reported third quarter ended September 30, 2022 results: net income $1.18 billion, EPS $6.72 per diluted share.

“On November 7, 2022, Diamondback Energy, Inc. issued a press release reporting financial and operating results for the third quarter ended September 30, 2022”

Diamondback Energy, Inc. terminated Rattler Notes Indenture with Rattler Midstream LP valued at approximately $522 million (effective 2022-11-01).

“On November 1, 2022 (the “Rattler Notes Redemption Date”), approximately $522 million, the redemption price for the Rattler Notes (the “Rattler Notes Redemption Payment”), was paid to holders of the Rattler Notes. As of the Rattler Notes Redemption Date, there were no Rattler Notes outstanding under that certain Indenture, dated as of July 14, 2020 (the “Indenture”), as supplemented and modified by the Supplemental Indenture, dated as of December 8, 2021, and the Supplemental Indenture, dated as of December 22, 2021 (the Indenture, as so supplemented, the “Rattler Notes Indenture”), and Rattler and its subsidiaries that were guarantors of the Rattler Notes had no further obligations with respect to the Rattler Notes under the Rattler Notes Indenture.”

Diamondback Energy, Inc. incurred senior notes of $1,100,000,000 with Computershare Trust Company, National Association at 6.250% maturing due 2033.

“On October 28, 2022, Diamondback Energy, Inc. (the “Company”) completed its previously announced underwritten public offering (the “New Notes Offering”) of $1,100,000,000 aggregate principal amount of the Company’s 6.250% Notes due 2033 (the “New Notes”).”

Diamondback Energy, Inc. entered into Indenture (Base Indenture dated December 5, 2019, as supplemented by Sixth Supplemental Indenture dated October 28, 2022) with Wells Fargo Bank, National Association; Computershare Trust Company, National Association valued at $1,100,000,000 aggregate principal amount of 6.250% Notes due 2033 (effective 2022-10-28).

“On October 28, 2022, the New Notes were issued pursuant to the Indenture (the “Base Indenture”), dated as of December 5, 2019, between the Company and Wells Fargo Bank, National Association (“Wells Fargo”), as trustee, as supplemented by the Sixth Supplemental Indenture, dated as of October 28, 2022 (the “Sixth Supplemental Indenture” and, together with the Base Indenture, the “Indenture”), among the Company, Diamondback E&P LLC (the “Guarantor”), as guarantor, and Computershare Trust Company, National Association, as successor trustee to Wells Fargo, setting forth specific terms applicable to the New Notes.”

Frank D. Tsuru was appointed as Director at Diamondback Energy, Inc..

“the Board of Directors of the Company (the “Board”) appointed Rebecca A. Klein and Frank D. Tsuru as members of the Board.”

Rebecca A. Klein was appointed as Director at Diamondback Energy, Inc..

“the Board of Directors of the Company (the “Board”) appointed Rebecca A. Klein and Frank D. Tsuru as members of the Board.”

Russell Pantermuehl retired as Executive Vice President and Chief Engineer at Diamondback Energy, Inc..

“Russell Pantermuehl, Diamondback’s Executive Vice President and Chief Engineer and a named executive officer in Diamondback’s definitive proxy statement on Schedule 14A filed on April 23, 2021 (the “Proxy Statement”), will be retiring from his current role at Diamondback effective as of December 31, 2021 (the “Retirement Date”).”