Each one in plain English, with the numbers worked through for a shareholder.
26 Aug 2025substantial holder notice● Neutral
Diamondback filed a Schedule 13D showing it beneficially owned 47.8% of Viper Energy, Inc. (155,058,093 shares) after Viper's all-equity acquisition of Sitio closed on August 19, 2025. Its Class B shares converted one-for-one into shares of the new Viper entity.
Diamondback said its second quarter 2025 unhedged realized prices were $63.23 per barrel of oil, $0.88 per Mcf of gas and $18.13 per barrel of NGLs. It expected a $37 million net loss on derivative cash settlements.
Diamondback's publicly traded minerals subsidiary, Viper Energy, agreed to acquire Sitio Royalties Corp. in an all-stock deal worth about $4.1 billion, with Diamondback and its subsidiaries backing the deal as Viper's controlling shareholders.
Diamondback Energy, Inc. Chief Executive Officer Hof Matthew Kaes Van't acquired 9,921 shares and disposed of 1,302 in a set of related equity transactions.
Diamondback filed its quarterly report for the three months ended March 31, 2025. It covered the Endeavor merger, the Viper acquisitions and the March 2025 term loan and credit facility activity.
Diamondback reported first-quarter 2025 net income of $1.4 billion ($4.83 per diluted share) and cut its 2025 capital budget to $3.4-$3.8 billion. It declared a $1.00 per share base dividend.
Diamondback gave a first-quarter 2025 operational update: production averaged 475.9 MBO/d (850.7 MBOE/d), cash capex was $942 million, and it repurchased 3.66 million shares for $575 million.