MIDLAND, Texas, Dec. 15, 2016 (GLOBE NEWSWIRE) -- Diamondback Energy Inc. (NASDAQ:FANG) (“Diamondback”) today announced that it has priced an upsized offering of $500 million aggregate principal amount of its 5.375% Senior Notes due 2025 (the “Notes”). The notes will be issued at an offering price of 99.168% of par. The Notes are being sold to qualified institutional buyers pursuant to Rule 144A [...]
MIDLAND, Texas, Dec. 14, 2016 (GLOBE NEWSWIRE) -- Diamondback Energy Inc. (NASDAQ:FANG) (“Diamondback”) announced today the pricing of an underwritten public offering of 10,500,000 shares of its common stock. The underwriters intend to offer the shares from time to time for sale in one or more transactions on the NASDAQ Global Select Market, in the over-the-counter market, through negotiated transactions or [...]
MIDLAND, Texas, Dec. 14, 2016 (GLOBE NEWSWIRE) -- Diamondback Energy Inc. (NASDAQ:FANG) (“Diamondback”) today announced that it proposes to offer, subject to market conditions and other factors, $250 million aggregate principal amount of its senior notes due 2025 (the “Notes”) to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities [...]
MIDLAND, Texas, Dec. 14, 2016 (GLOBE NEWSWIRE) -- Diamondback Energy Inc. (NASDAQ:FANG) (“Diamondback”) announced today the launch of an underwritten public offering of 10,500,000 shares of its common stock, subject to market and other conditions. The underwriter will have an option to purchase up to an additional 1,575,000 shares of common stock from Diamondback. All of the shares to be sold in this offering [...]
MIDLAND, Texas, Dec. 14, 2016 (GLOBE NEWSWIRE) -- Diamondback Energy Inc. (NASDAQ:FANG) (“Diamondback” or the “Company”) today announced that it has entered into a definitive purchase agreement to acquire all leasehold interests and related assets of Brigham Resources Operating, LLC and Brigham Resources Midstream, LLC (“the Sellers” or “Brigham Resources”), for an aggregate [...]
MIDLAND, Texas, Nov. 07, 2016 (GLOBE NEWSWIRE) -- Diamondback Energy Inc. (NASDAQ:FANG) (“Diamondback” or the “Company”) today announced financial and operating results for the third quarter ended September 30, 2016. HIGHLIGHTS As previously announced, Q3 2016 production of 44.9 Mboe/d (73% oil), up 22% quarter over quarter and 32% year over year Cash operating costs of $9.15 per boe, including [...]
MIDLAND, Texas, Oct. 27, 2016 (GLOBE NEWSWIRE) -- Diamondback Energy Inc. (NASDAQ:FANG) (“Diamondback”) today announced that its previously announced cash tender offer to purchase any and all of the outstanding aggregate principal amount of its 7.625% Senior Notes due 2021 (the “Notes”) expired at 5:00 p.m., New York City time, on October 27, 2016 (the “Expiration Time”). As of the [...]
MIDLAND, Texas, Oct. 27, 2016 (GLOBE NEWSWIRE) -- Viper Energy Partners LP (NASDAQ:VNOM) (“Viper”), a subsidiary of Diamondback Energy Inc. (NASDAQ:FANG) (“Diamondback”), today announced its third quarter 2016 cash distribution. Diamondback and Viper today also announced that they plan to release their respective third quarter 2016 financial results on November 7, 2016 after the market closes [...]
MIDLAND, Texas, Oct. 21, 2016 (GLOBE NEWSWIRE) -- Diamondback Energy Inc. (NASDAQ:FANG) (“Diamondback” or “the Company”) today announced that it has commenced a cash tender offer to purchase any and all of its 7.625% Senior Notes due 2021. As of October 20, 2016, Diamondback had $450 million aggregate principal amount of the notes outstanding. The tender offer is being made pursuant to an offer to [...]
MIDLAND, Texas, Oct. 20, 2016 (GLOBE NEWSWIRE) -- Diamondback Energy Inc. (NASDAQ:FANG) (“Diamondback”) today announced that it has priced at par an offering of $500 million aggregate principal amount of its 4.75% Senior Notes due 2024 (the “Notes”). The Notes are being sold to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities [...]
MIDLAND, Texas, Oct. 20, 2016 (GLOBE NEWSWIRE) -- Diamondback Energy Inc. (NASDAQ:FANG) (“Diamondback”) today announced that it proposes to offer, subject to market conditions and other factors, $500 million aggregate principal amount of its senior notes due 2024 (the “Notes”) to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities [...]
MIDLAND, Texas, Oct. 10, 2016 (GLOBE NEWSWIRE) -- Diamondback Energy Inc. (NASDAQ:FANG) (“Diamondback” or the “Company”) today provided an operational update for the quarter ended September 30, 2016, increased 2016 production outlook and introduced preliminary guidance for the full year of 2017. “Diamondback’s continued strong well performance and increased completion cadence during [...]