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Diamondback Energy Inc - FANG STOCK NEWS

Welcome to our dedicated news page for Diamondback Energy (Ticker: FANG), a resource for investors and traders seeking the latest updates and insights on Diamondback Energy.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Diamondback Energy's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Diamondback Energy's position in the market.

Rhea-AI Summary
<p>Diamondback Energy, Inc. receives stockholder approval for proposed transaction with Endeavor Energy Resources, L.P. The stockholders approved the issuance of shares of Diamondback common stock and a proposal to amend the Company’s certificate of incorporation to increase the authorized number of shares. The business combination with Endeavor is subject to customary closing conditions.</p>
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Diamondback Energy, Inc. (NASDAQ: FANG) announces pricing of $6.5 billion senior notes offering to fund acquisition and debt repayment.
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0.34%
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Oklo and Diamondback Energy have signed a non-binding letter of intent to collaborate on a 20-year Power Purchase Agreement. Diamondback aims to use Oklo's Aurora powerhouses to power its operations in the Permian Basin.
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Verde Clean Fuels, Inc. reported a full-year 2023 GAAP diluted net loss per share of $(0.45). The company focuses on converting syngas into gasoline using proprietary technology. Verde announced a Joint Development Agreement with Cottonmouth Ventures for a facility in the Permian Basin, aiming to produce 3,000 barrels per day of gasoline. The company is in discussions for offtake arrangements for carbon credits and gasoline.
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Diamondback Energy, Inc. (FANG) plans to release its first quarter 2024 financial results on April 30, 2024, followed by a conference call and webcast on May 1, 2024. Investors and analysts can access the webcast and replay on Diamondback's website.
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Diamondback Energy, Inc. (FANG) announced leadership appointments and promotions, including Al Barkmann as Executive Vice President and Chief Engineer, Jere Thompson as Executive Vice President of Strategy and Corporate Development, and other key promotions. The company also added two new Vice Presidents to the executive team, showcasing talent development and succession planning.
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0.95%
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Diamondback Energy (FANG) issues a letter to stockholders alongside their earnings release, highlighting strong financial performance and strategic initiatives.
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Diamondback Energy, Inc. (NASDAQ: FANG) reported strong financial and operating results for Q4 2023 and FY 2023. Highlights include increased production, significant cash flow, dividend increases, and stock repurchases. The company also provided guidance for 2024. Despite positive aspects, rising total debt and net debt are concerning.
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0.95%
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Verde Clean Fuels, Inc. (NASDAQ: VGAS) and Cottonmouth Ventures LLC, a subsidiary of Diamondback Energy (NASDAQ: FANG), have signed a Joint Development Agreement to produce commodity-grade gasoline using natural gas feedstock from Diamondback's operations in the Permian Basin. The project aims to produce 3,000 barrels per day of gasoline, reducing natural gas flaring and creating a high-value product.
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Diamondback Energy, Inc. (NASDAQ: FANG) and Endeavor Energy Resources, L.P. announced a definitive merger agreement valued at $26 billion, creating a premier Permian independent operator. The transaction involves stock and cash consideration, with Diamondback stockholders owning 60.5% of the combined company. The merger is expected to bring significant synergies and financial accretion, enhancing the companies' operational and financial strength.
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9.38%
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Diamondback Energy Inc

Nasdaq:FANG

FANG Rankings

FANG Stock Data

36.80B
177.39M
0.59%
93.66%
2.89%
Crude Petroleum and Natural Gas Extraction
Mining, Quarrying, and Oil and Gas Extraction
Link
US
Midland

About FANG

diamondback energy is an independent oil and natural gas company headquartered in midland, tx. diamondback’s growth strategy is focused on the acquisition, development, exploration and exploitation of unconventional, long-life, onshore oil and natural gas reserves in the major oil producing permian basin in west texas. the company’s operations are directed primarily at the large acreage areas of the clearfork, spraberry, wolfcamp, cline, strawn and atoka formations, collectively known as the wolfberry trend.