5 Mar 2024director interest notice● Neutral
Diamondback Energy, Inc. CAO, Exec. VP, Assist. Sec. Teresa L. Dick acquired 43,428 shares and disposed of 19,624 in a set of related equity transactions.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
5 Mar 2024director interest notice● Neutral
Diamondback Energy, Inc. Exec. VP and Chief Engineer Albert Barkmann acquired 8,898 shares and disposed of 3,171 in a set of related equity transactions.
5 Mar 2024director interest notice● Neutral
Diamondback Energy, Inc. Chief Executive Officer Travis D. Stice acquired 151,331 shares and disposed of 60,963 in a set of related equity transactions.
26 Feb 2024director interest notice● Neutral
Albert Barkmann became a Diamondback Energy, Inc. Exec. VP and Chief Engineer and company insider (initial ownership filing).
26 Feb 2024director interest notice● Neutral
Jere W Thompson III became a Diamondback Energy, Inc. Exec. VP - Strategy & Corp Dev and company insider (initial ownership filing).
21 Feb 2024agm notice● Neutral
Diamondback filed excerpts of its Q4 2023 earnings call, in which management discussed the Endeavor merger's inventory and synergies, hedging, and a plan to reach about $10 billion of net debt by mid-2025.
21 Feb 2024agm notice● Neutral
Diamondback filed excerpts of Viper Energy's Q4 2023 earnings call, in which management discussed the Endeavor merger's mineral opportunity, possible further mineral deals like GRP, and a path toward leverage of about 1x.
20 Feb 2024quarterly activities report● Neutral
Diamondback reported Q4 2023 net income of $960 million ($5.34 per diluted share) and free cash flow of $910 million, with production of 273.1 MBO/d. It declared a $0.90 base and $2.18 variable dividend and guided 2024 oil production to 270-275 MBO/d.
20 Feb 2024agm notice● Neutral
Diamondback sent stockholders a letter with its Q4 2023 results, reporting 273.1 MBO/d of oil production and $910 million of free cash flow. It also discussed the proposed Endeavor merger, 2024 guidance, and a lower 50% return-of-capital commitment.
20 Feb 2024director interest notice● Neutral
Diamondback Energy, Inc. Chief Executive Officer Travis D. Stice sold 30,000 shares at $175.00.
13 Feb 2024substantial holder notice● Neutral
The Vanguard Group reported a Diamondback Energy, Inc. shareholding of 21,869,115 shares (12.22% of votes) in a periodic institutional filing.
12 Feb 2024agm notice● Neutral
Diamondback management discussed the roughly $26 billion Endeavor merger on an investor call, citing about $3 billion of synergy value and a combined 816,000 boe per day. It also cut its shareholder return commitment to at least 50% of free cash flow and raised the base dividend 7%.
12 Feb 2024agm notice● Neutral
Diamondback agreed to acquire Endeavor for about $8.0 billion in cash plus roughly 117.3 million shares, with Endeavor holders expected to own about 39.5% of the company. The deal required approval of the share issuance by Diamondback stockholders.
12 Feb 2024agm notice● Neutral
Diamondback's CEO emailed employees announcing a definitive merger agreement with Endeavor Energy Resources to form a Permian pure-play producer. Closing was expected in the fourth quarter of 2024, subject to conditions including stockholder approval.
12 Feb 2024business combination▲ GoodMajor
Diamondback agreed to merge with privately held Endeavor Energy Resources, L.P. in a $26 billion deal - by far its largest ever - paying $8.0 billion cash plus about 117.3 million shares, leaving existing Diamondback holders with roughly 60% of the combined company.
8 Feb 2024substantial holder notice● Neutral
Wellington Management Group LLP, Wellington Group Holdings LLP, Wellington Investment Advisors Holdings LLP, Wellington Management Company LLP disclosed a new substantial Diamondback Energy, Inc. shareholding (7.72% of votes).
25 Jan 2024substantial holder notice● Neutral
BlackRock, Inc reported a Diamondback Energy, Inc. shareholding of 14,685,132 shares (8.20% of votes) in a periodic institutional filing.
4 Jan 2024director interest notice● Neutral
Diamondback Energy, Inc. Chief Executive Officer Travis D. Stice sold 30,000 shares at $160.01.
3 Jan 2024director interest notice● Neutral
Diamondback Energy, Inc. Chief Executive Officer Travis D. Stice gifted 57,800 shares.
18 Dec 2023director interest notice● Neutral
Diamondback Energy, Inc. President & CFO Hof Matthew Kaes Van't sold 4,000 shares at $153.32.
8 Nov 2023quarterly activities report● Neutral
Diamondback Energy, Inc. reported quarterly revenue of $2340.0 million and net income of $915.0 million for the period ended 2023-09-30.
6 Nov 2023quarterly activities report● Neutral
Diamondback Energy, Inc. reported quarterly revenue of $2340.0 million and net income of $915.0 million for the period ended 2023-09-30.
10 Oct 2023quarterly activities report● Neutral
Diamondback said its third quarter 2023 unhedged realized prices were $81.57 per barrel of oil, $1.62 per Mcf of gas and $21.02 per barrel of NGLs. It expected a $24 million net cash loss on derivative settlements.
20 Sept 2023director interest notice● Neutral
Diamondback Energy, Inc. Chief Executive Officer Travis D. Stice gifted 5,000 shares.
14 Sept 2023director interest notice● Neutral
Diamondback Energy, Inc. EVP, Chief Legal and Admin Off Matt Zmigrosky sold 2,706 shares at $157.17.
14 Sept 2023director interest notice● Neutral
Diamondback Energy, Inc. director David L Houston sold 8,000 shares at $156.54.
14 Aug 2023director interest notice● Neutral
Diamondback Energy, Inc. director Steven E West sold 8,000 shares at $150.65.
7 Aug 2023director interest notice● Neutral
Diamondback Energy, Inc. Exec. VP & COO Daniel N Wesson sold 4,000 shares at $149.68.
7 Aug 2023director interest notice● Neutral
Diamondback Energy, Inc. President & CFO Hof Matthew Kaes Van't sold 9,000 shares at $148.98.
7 Aug 2023director interest notice● Neutral
Diamondback Energy, Inc. EVP, Chief Legal and Admin Off Matt Zmigrosky sold 5,812 shares at $150.16.