7 May 2021director interest notice● Neutral
Diamondback Energy, Inc. Chief Executive Officer Stice Travis D. sold 20,000 shares at $85.00.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
4 May 2021quarterly activities report● Neutral
Diamondback reported first quarter 2021 net income of $220 million ($1.33 per diluted share) and free cash flow of $331 million. It also agreed to sell its Williston Basin assets for $745 million and some non-core Permian assets for $87 million.
3 May 2021securities registration● Neutral
Diamondback Energy, Inc. filed an automatic shelf registration, effective immediately as a well-known seasoned issuer.
3 May 2021director interest notice● Neutral
Diamondback Energy, Inc. Chief Executive Officer Stice Travis D. sold 20,000 shares at $85.00.
23 Apr 2021agm notice● Neutral
Diamondback filed additional proxy materials (Schedule 14A) in connection with its 2021 annual meeting; the visible text contained only the cover page and no further details.
23 Apr 2021agm notice● Neutral
Diamondback filed its proxy statement for the June 3, 2021 annual meeting, asking stockholders to elect eight directors, vote on executive pay, raise authorized shares from 200 million to 400 million, approve a 2021 equity incentive plan, and ratify Grant Thornton as auditor.
16 Apr 2021quarterly activities report● Neutral
Diamondback gave a first-quarter 2021 operational update, reporting average production of 184.2 MBO/d (307.4 MBOE/d) and raising full-year 2021 guidance to 218-222 MBO/d after closing the QEP and Guidon deals. Full-year cash capex guidance was $1.60-$1.75 billion.
13 Apr 2021agm notice● Neutral
Diamondback Energy, Inc. shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
24 Mar 2021debt financing● Neutral
Diamondback and its newly acquired QEP Resources subsidiary bought back roughly $2.1 billion of their own outstanding bonds, cleaning up QEP's legacy debt after the merger.
22 Mar 2021director interest notice● Neutral
Diamondback Energy, Inc. CFO & Exec. VP - Bus Dev Van't Hof Matthew Kaes sold 1,900 shares at $77.24.
22 Mar 2021securities registration● Neutral
Diamondback Energy, Inc. filed the final prospectus for a registered offering.
19 Mar 2021securities registration● Neutral
Diamondback Energy, Inc. filed a free-writing prospectus - marketing material for an offering in progress.
18 Mar 2021securities registration● Neutral
Diamondback Energy, Inc. filed a prospectus supplement for an offering off its existing shelf.
17 Mar 2021asset acquisition disposition▲ GoodMajor
Diamondback completed its all-stock merger with QEP Resources, Inc.; QEP shareholders received 0.05 of a Diamondback share for each QEP share, and QEP was delisted from the NYSE.
9 Mar 2021director interest notice● Neutral
Diamondback Energy, Inc. Exec. VP - Land Hawkins Thomas F. sold 10,000 shares at $83.66.
8 Mar 2021substantial holder notice● Neutral
Guidon Operating LLC, Guidon FinanceCo LLC, Guidon Energy MidCo II LLC, Guidon Energy MidCo LLC, Guidon Energy Holdings LP, Guidon Energy Holdings GP LLC, Blackstone Management Associates VII L.L.C, Blackstone Energy Management Associates II L.L.C, BMA VII L.L.C, Blackstone EMA II L.L.C, Blackstone Holdings III L.P, Blackstone Holdings III GP L.P, Blackstone Holdings III GP Management L.L.C, The Blackstone Group Inc, Blackstone Group Management L.L.C, Stephen A. Schwarzman disclosed a new substantial Diamondback Energy, Inc. shareholding (6.30% of votes).
8 Mar 2021director interest notice● Neutral
Diamondback Energy, Inc. director Cross Michael P sold 3,000 shares at $85.54.
4 Mar 2021capital raising announcement● Neutral
This amendment reports that the Guidon acquisition (about 32,500 net acres in the Northern Midland Basin, agreed Dec 2020) closed on February 26, 2021. Diamondback paid the cash consideration ($375 million per the original deal) and issued 10.68 million shares, slightly more than the 10.63 million first announced, under the agreement's adjustment terms. This resolves the pending Guidon deal.
3 Mar 2021director interest notice● Neutral
Diamondback Energy, Inc. Exec. VP - Operations Daniel N Wesson acquired 12,224 shares and disposed of 4,512 in a set of related equity transactions.
3 Mar 2021director interest notice● Neutral
Diamondback Energy, Inc. Exec. VP and Chief HR Officer Jennifer Soliman acquired 3,881 shares and disposed of 1,381 in a set of related equity transactions.
3 Mar 2021director interest notice● Neutral
Diamondback Energy, Inc. CAO, Exec. VP, Assist. Sec. Teresa L. Dick acquired 19,720 shares and disposed of 8,791 in a set of related equity transactions.
3 Mar 2021director interest notice● Neutral
Diamondback Energy, Inc. CFO & Exec. VP - Bus Dev Hof Matthew Kaes Van't acquired 24,805 shares and disposed of 9,792 in a set of related equity transactions.
3 Mar 2021director interest notice● Neutral
Diamondback Energy, Inc. Exec. VP, Gen Counsel and Sec Matt Zmigrosky acquired 8,280 shares and disposed of 3,296 in a set of related equity transactions.
3 Mar 2021director interest notice● Neutral
Diamondback Energy, Inc. Exec. VP & Chief Engineer Russell Pantermuehl acquired 35,246 shares and disposed of 23,891 in a set of related equity transactions.
3 Mar 2021director interest notice● Neutral
Diamondback Energy, Inc. Exec. VP - Land Thomas F. Hawkins acquired 13,152 shares and disposed of 5,232 in a set of related equity transactions.
3 Mar 2021director interest notice● Neutral
Diamondback Energy, Inc. Chief Executive Officer Travis D. Stice acquired 68,632 shares and disposed of 28,114 in a set of related equity transactions.
1 Mar 2021director interest notice● Neutral
Diamondback Energy, Inc. Exec. VP & Chief Engineer Pantermuehl Russell sold 10,000 shares at $74.51.
24 Feb 2021merger communication● Neutral
Diamondback filed the transcript of its fourth-quarter 2020 earnings call.
23 Feb 2021merger communication● Neutral
Diamondback posted its updated investor presentation alongside its fourth-quarter 2020 results.
22 Feb 2021quarterly activities report● Neutral
Diamondback reported fourth quarter 2020 results: production of 175.8 MBO/d, operating cash flow of $403 million and free cash flow of $242 million. It raised its annual dividend 6.7% to $1.60 per share.