Diamondback Energy Inc.

Diamondback Energy Inc. announced today that it has priced an offering of $1,100,000,000 in aggregate principal amount of 6.250% senior notes that will mature on March 15, 2033 . The price to the public for the Notes is 99.572% of the principal amount. Diamondback intends to use the net proceeds from the Notes Offering to fund, in full, the redemption of all of Rattler Midstream LP's outstanding 5.625% Senior Notes due [...]

Diamondback Energy Inc. today announced that it has entered into a definitive purchase agreement to acquire all leasehold interest and related assets of FireBird Energy LLC in exchange for 5.86 million shares of Diamondback common stock and $775 million of cash. The cash portion of this transaction is expected to be funded through a combination of cash on hand, borrowings under the Company's credit facility and/or [...]

Diamondback Energy Inc. , today announced that it plans to release third quarter 2022 financial results on November 7, 2022 after the market closes. In connection with the earnings release, Diamondback will host a conference call and webcast for investors and analysts to discuss its results for the third quarter of 2022 on Tuesday, November 8, 2022 at 8:00 a.m. CT. Access to the webcast, and replay which will be available [...]

Diamondback Energy Inc. today released its 2022 Corporate Sustainability Report. The online report outlines Diamondback's approach to sustainability, commitment to environmental responsibility, managing and reducing risks, governance and business ethics, and our commitment to our people and communities. The report highlights Diamondback's performance in these categories through December 31, 2021, discusses Diamondback's [...]

Diamondback Energy Inc. and Rattler Midstream LP today announced the completion of the previously announced merger between Rattler and Diamondback. The merger resulted in Diamondback acquiring all of the limited partner interests in Rattler not already owned by Diamondback and its subsidiaries. Each public unitholder of Rattler received 0.113 of a share of common stock in Diamondback in exchange for each Rattler common [...]

TortoiseEcofin today announced that Rattler Midstream LP will be removed from the Tortoise MLP Index® , and the Tortoise North American Pipeline IndexSM , as a result of the approved merger with Diamondback Energy Inc. . Due to the merger, RTLR will be removed from both indices at market open on Thursday, August 25, 2022. For Tortoise MLP Index® , RTLR will be removed with a special rebalancing. RTLR will be dropped from [...]

Diamondback Energy Inc. today announced financial and operating results for the first quarter March 31, 2022. FIRST QUARTER 2022 HIGHLIGHTS Average production of 222.8 MBO/d Cash flow from operating activities of $1,252 million; Operating Cash Flow Before Working Capital Changes of $1,411 million Cash capital expenditures of $437 million; Q1 2022 activity-based capital expenditures incurred of approximately $444 million [...]

Diamondback Energy Inc. , today announced that it plans to release first quarter 2022 financial results on May 2, 2022 after the market closes. In connection with the earnings release, Diamondback will host a conference call and webcast for investors and analysts to discuss its results for the first quarter of 2022 on Tuesday, May 3, 2022 at 8:00 a.m. CT. Participants should call 440-7573 or 237-1144 and use the [...]

Diamondback Energy Inc. today announced a $10 million commitment to support various non-profit entities that have risen to meet the humanitarian needs of the people of Ukraine displaced by the Russian invasion of their country. "These donations are being made to help the millions of men, women, and children who have had to leave their homes as a result of this unjust war and will go to organizations that are giving direct [...]

Diamondback Energy Inc. announced today that it has priced an offering of $750,000,000 in aggregate principal amount of 4.250% senior notes that will mature on March 15, 2052 . The price to the public for the Notes is 99.714% of the principal amount. Diamondback intends to use the net proceeds from the Notes Offering to fund the redemption of all of Diamondback's outstanding 4.750% Senior Notes due 2025 at the applicable [...]