Highest-materiality recent filing
Diamondback Energy Q1 oil production 521 MBO/d, raises dividend 10%, increases production guidance
Average Q1 oil production 521.0 MBO/d (979.4 MBOE/d); net cash ops $1.8B; operating cash flow before WC changes $2.6B; FCF $1.7B.
Diamondback secondary offering of 12.65M shares by SGF FANG Holdings raises ~$1.9B
Selling stockholder SGF FANG Holdings, LP sold 12.65M shares (11M base + 1.65M over-allotment) in a secondary offering.
Diamondback Energy Q4 FCF $1.0B, annual dividend raised 5% to $4.20, net debt down 8% QoQ
Average oil production 512.8 MBO/d; net cash from ops $2.3B; cash capex $943M.
Diamondback agrees to repurchase up to 3M shares quarterly from SGF; buys 2M at $152.59
Letter agreement lets SGF sell up to 3M shares per quarter to Diamondback through Dec 31, 2026 at the latest NASDAQ closing price.
Diamondback Energy Q3 2025: FCF $1.8B; dividend $1.00/share; $603M buyback.
Average oil production 503.8 MBO/d (942.9 MBOE/d); net cash from ops $2.4B.
Diamondback Q2 EPS $2.38, FCF $1.2B; raises buyback cap to $8B, narrows oil guidance
Q2 net income $699M ($2.38 diluted EPS); adjusted net income $785M ($2.67). Cash from ops $1.7B; FCF $1.2B.
Diamondback extends credit facility maturity to 2030, reduces borrowing margin
Maturity date extended from June 2, 2028 to June 12, 2030; all lenders consented.
Diamondback subsidiary Viper to acquire Sitio Royalties in $4.1B all-equity deal
Deal value ~$4.1B including ~$1.1B net debt of Sitio as of March 31, 2025.
Diamondback Energy CEO transition: Stice becomes Executive Chairman, Van't Hof new CEO
Travis Stice stepped down as CEO effective May 21, 2025; became Executive Chairman.
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”).
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
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
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.
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.
Max materiality 0.85 · Median 0.60 · Most common event earnings