24 Aug 2022director interest notice● Neutral
Diamondback Energy, Inc. CAO, Exec. VP, Assist. Sec. Dick Teresa L. received 5,646 shares as part of the equity award.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
3 Aug 2022quarterly activities report● Neutral
Diamondback Energy, Inc. reported quarterly revenue of $2437.0 million and net income of $1184.0 million for the period ended 2022-09-30.
1 Aug 2022quarterly activities report● Neutral
Diamondback Energy, Inc. reported quarterly revenue of $2437.0 million and net income of $1184.0 million for the period ended 2022-09-30.
1 Aug 2022merger communication▲ GoodMajor
Diamondback posted a record $1.3 billion in quarterly free cash flow, raised its dividend 7% and expanded its share buyback authorization to $4 billion, while confirming its Rattler Midstream buyout was on track to close within weeks.
28 July 2022securities registration● Neutral
Diamondback Energy, Inc. filed the final prospectus for a registered offering.
21 July 2022business combination▼ BadMajor
Amendment No. 1 to the Rattler buy-in carries two things the June filing did not. A unitholder has sued Rattler and the general partner's directors over the deal since it was first filed, and the updated price table shows the offer had almost stopped being a premium: Diamondback stock had fallen from $133.43 to $112.52, cutting the value of the fixed 0.113-share ratio from $15.08 to $12.71 a unit against Rattler's own $12.64 market price.
12 July 2022director interest notice● Neutral
Diamondback Energy, Inc. director Rebecca A Klein received 1,168 shares as part of the equity award.
12 July 2022director interest notice● Neutral
Diamondback Energy, Inc. director Tsuru Frank D. received 1,168 shares as part of the equity award.
11 July 2022director interest notice● Neutral
Tsuru Frank D. became a Diamondback Energy, Inc. director and company insider (initial ownership filing).
11 July 2022director interest notice● Neutral
Rebecca A Klein became a Diamondback Energy, Inc. director and company insider (initial ownership filing).
14 June 2022agm 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).
13 June 2022director interest notice● Neutral
Diamondback Energy, Inc. director Steven E West received 1,274 shares as part of the equity award.
13 June 2022director interest notice● Neutral
Diamondback Energy, Inc. director Brooks Vincent K received 1,274 shares as part of the equity award.
13 June 2022director interest notice● Neutral
Diamondback Energy, Inc. director Houston David L received 1,274 shares as part of the equity award.
13 June 2022director interest notice● Neutral
Diamondback Energy, Inc. director Trent Melanie Montague received 1,274 shares as part of the equity award.
13 June 2022business combination● NeutralMajor
Diamondback moved to buy in the public units of Rattler Midstream, the gathering and water business it had spun off in 2019, offering 0.113 Diamondback shares per public unit - about $15.08 a unit on the day before announcement. Because Diamondback already held roughly 74% of the economics and controlled the general partner, this went to unitholders as an information statement rather than a vote they could lose; Evercore advised the conflicts committee, which had negotiated the ratio up through successive Diamondback proposals.
13 June 2022director interest notice● Neutral
Diamondback Energy, Inc. director Cross Michael P received 1,274 shares as part of the equity award.
13 June 2022director interest notice● Neutral
Diamondback Energy, Inc. director Mains Stephanie K. received 1,274 shares as part of the equity award.
13 June 2022director interest notice● Neutral
Diamondback Energy, Inc. director Plaumann Mark Lawrence received 1,274 shares as part of the equity award.
9 June 2022director interest notice● Neutral
Diamondback Energy, Inc. President & CFO Van't Hof Matthew Kaes sold 6,000 shares at $160.00.
7 June 2022debt financing▲ Good
Diamondback extended its credit facility to 2027 and lowered its borrowing costs, switching its interest-rate benchmark from LIBOR to SOFR.
31 May 2022director interest notice● Neutral
Diamondback Energy, Inc. CAO, Exec. VP, Assist. Sec. Dick Teresa L. sold 2,500 shares at $152.22.
31 May 2022director interest notice● Neutral
Diamondback Energy, Inc. Chief Executive Officer Stice Travis D. sold 30,000 shares at $150.01.
31 May 2022director interest notice● Neutral
Diamondback Energy, Inc. President & CFO Van't Hof Matthew Kaes sold 6,000 shares at $150.00.
19 May 2022agm notice● Neutral
Diamondback Energy, Inc. announced its upcoming annual shareholder meeting, covering the routine agenda (director elections, auditor ratification, executive-pay advisory vote).
16 May 2022business combination▲ GoodMajor
Diamondback agreed to buy out the public unitholders of its majority-owned Rattler Midstream LP for stock, at roughly a 17% premium, bringing the midstream business fully in-house.
16 May 2022merger communication● Neutral
A duplicate SEC filing of the same-day announcement that Diamondback will buy out Rattler Midstream's public unitholders.
5 May 2022quarterly activities report● Neutral
Diamondback Energy, Inc. reported quarterly revenue of $2768.0 million and net income of $1416.0 million for the period ended 2022-06-30.
2 May 2022quarterly activities report● Neutral
Diamondback Energy, Inc. reported quarterly revenue of $2768.0 million and net income of $1416.0 million for the period ended 2022-06-30.
28 Apr 2022agm 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).