Every 8-K that Diamondback Energy, Inc. (FANG) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow FANG and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full FANG filings page.
Diamondback Energy, Inc. amended its Stockholders Agreement with SGF FANG Holdings, LP on September 29, 2026. The Stephens Majority is entitled to designate two directors if the Stephens Stockholders beneficially own at least 10% but less than 25% of Outstanding Shares; if they own less than 10%, the Stephens Majority is entitled to designate no directors.
Directors Darin Holderness and Lance Robertson resigned from the Board on September 29, 2026 and September 30, 2026, respectively, in connection with a Board Stepdown. The company stated the resignations were not due to any disagreement with it on matters relating to its operations, policies or practices.
Diamondback Energy reported strong second-quarter 2026 results highlighted by record scale and cash generation. Average oil production was 525 MBO/d and total production reached 1,018 MBOE/d, putting output above one million barrels of oil equivalent per day for the first time in the company’s history. Realized oil prices averaged $96.82 per barrel.
Net income attributable to Diamondback was $1.88 billion, or $6.65 per diluted share, with adjusted net income of $1.83 billion or $6.48 per diluted share. Net cash provided by operating activities was $3.59 billion, driving $2.33 billion of Free Cash Flow on $996 million of cash capital expenditures. Management notes that, versus the second quarter of 2024, operating cash flow per share grew 49%, Free Cash Flow per share 81% and oil production per share 21%.
The company reduced consolidated total debt to $12.77 billion and consolidated net debt to $12.30 billion, while ending June 30 with $3.39 billion of liquidity and an upsized $3.0 billion credit facility maturing in 2031. The Board declared a base cash dividend of $1.10 per share and doubled the share repurchase authorization to $16.0 billion, with about $9.9 billion remaining. Full-year 2026 guidance was raised to 522+ MBO/d of oil and 1,000+ MBOE/d total production, with the cash capital budget unchanged at approximately $3.9 billion.
Diamondback Energy, Inc. provides an operational update for the quarter ended June 30, 2026, covering realized commodity prices, derivative results, and share count. Average unhedged realized prices were $96.82 per barrel of oil, $(2.15) per Mcf of natural gas, and $18.56 per barrel of NGLs. With commodity derivative effects included, average realized hedged prices were $94.33 per barrel of oil, $(0.34) per Mcf of natural gas, and $18.56 per barrel of NGLs.
For the second quarter of 2026, Diamondback anticipates a $113 million net gain on cash settlements for derivative instruments and a $64 million net non-cash loss on derivative instruments, resulting in a reported net gain on derivative instruments of $49 million. Basic and diluted weighted average shares outstanding for the quarter were both 281,202 thousand, providing the share base used for per-share metrics.
Diamondback Energy, Inc. entered into a seventeenth amendment to its Second Amended and Restated Credit Agreement on June 12, 2026. The amendment extends the revolving credit facility maturity from June 12, 2030 to June 12, 2031 and increases total lender commitments from $2.5 billion to $3.0 billion. The amendment also decreases the interest rate on loans and certain related fees, while making additional technical changes detailed in the full agreement.
Diamondback Energy, Inc. reported leadership and voting outcomes from its 2026 Annual Meeting held on May 20, 2026. As part of a previously announced transition plan, Travis D. Stice stepped down as Executive Chairman and became non-executive Chairman of the Board.
Stockholders elected all 13 director nominees to serve until the 2027 annual meeting. They also approved, on an advisory basis, the compensation paid to named executive officers and chose to hold this advisory “say-on-pay” vote every year, with the Board planning to revisit the frequency no later than the 2032 meeting.
Stockholders ratified the appointment of Grant Thornton LLP as independent auditor for the fiscal year ending December 31, 2026. Mr. Stice will be compensated under the non-employee director program, and the Company will reimburse his COBRA health coverage premiums through December 31, 2026.
Diamondback Energy reported first-quarter 2026 results showing very strong cash generation but weak GAAP earnings due to a large non-cash impairment. Total revenues were $4.24 billion and net income attributable to Diamondback was $25 million, or $0.08 per diluted share, after a $1.4 billion impairment of oil and natural gas properties.
The company generated $3.0 billion of consolidated Adjusted EBITDA and $1.7 billion of Free Cash Flow, supported by average oil production of 521 MBO/d and 979 MBOE/d in total. Diamondback raised its base cash dividend to $1.10 per share for the quarter (a 10% year-over-year increase), repurchased 3.3 million shares for $548 million and returned $859 million to stockholders, equal to about half of Adjusted Free Cash Flow. It also increased 2026 production guidance and lifted its full-year cash capital budget to approximately $3.9 billion while continuing to reduce net debt.
Diamondback Energy, Inc. provides an update on key metrics for the quarter ended March 31, 2026, focusing on commodity pricing, derivative results and share count. Average unhedged realized prices were $73.47 per barrel of oil, $0.18 per Mcf of natural gas and $16.68 per barrel of NGLs, while hedged prices were $72.53, $1.90 and $16.68, respectively.
For the quarter, Diamondback anticipates a net gain of $133 million on cash settlements for derivative instruments, including commodity contracts and interest rate swaps, and a net non-cash loss of $16 million on derivatives. Basic and diluted weighted average shares outstanding for the period were both 282,792 thousand.
Diamondback Energy, Inc. launched cash tender offers to repurchase any and all of its 4.400% Senior Notes due 2051 and 4.250% Senior Notes due 2052 and has now reported final results. The offers expired on April 10, 2026, under an Offer to Purchase dated April 6, 2026.
According to the tender agent, $776,763,000 aggregate principal amount of notes were validly tendered by the expiration time, excluding $35,919,000 submitted under guaranteed delivery procedures. The company will pay $825.60 per $1,000 principal amount for the 2051 Notes and $802.42 per $1,000 for the 2052 Notes, plus accrued and unpaid interest to, but not including, the settlement date.
Diamondback Energy, Inc. has launched cash tender offers to purchase any and all of its outstanding 4.400% Senior Notes due 2051 and 4.250% Senior Notes due 2052. The offers run until 5:00 p.m., New York City time, on April 10, 2026, with settlement expected on April 13, 2026 for Notes tendered by the expiration and on April 15, 2026 for Notes tendered via guaranteed delivery. The notes will be purchased at prices based on a fixed spread of 80 basis points over a specified U.S. Treasury reference security, and the offers are subject to customary conditions described in an Offer to Purchase.
Diamondback Energy, Inc. filed a Form 8-K describing a completed secondary public offering of its common stock by SGF FANG Holdings, LP. The selling stockholder sold 12,650,000 shares, including 1,650,000 shares purchased by the underwriters under a 30-day option exercised in full.
The company’s press release on pricing states the sale of 11,000,000 shares is expected to generate approximately $1.9 billion in gross proceeds for the selling stockholder. Diamondback did not receive any proceeds from this transaction. The offering was conducted under Diamondback’s automatic shelf registration statement on Form S-3 and a March 10, 2026 prospectus supplement, with Evercore ISI, Citigroup and J.P. Morgan acting as joint book-running managers.
The Form 8-K also notes that Diamondback entered into a customary underwriting agreement with the selling stockholder and the underwriters, filed a legal opinion from Latham & Watkins LLP, and attached press releases announcing the launch and pricing of the secondary offering as exhibits.
Diamondback Energy reported strong 2025 operations and cash generation but a GAAP loss driven by a large non-cash impairment. For the fourth quarter, oil production averaged 512.8 MBO/d (969.1 MBOE/d). A $3.7 billion impairment pushed net income attributable to Diamondback to a loss of $1.458 billion, or $(5.11) per diluted share, while adjusted net income was $499 million, or $1.74 per diluted share.
For full year 2025, average production was 497.2 MBO/d (921.0 MBOE/d). Net cash provided by operating activities reached $8.8 billion, with Free Cash Flow of $5.5 billion and Adjusted Free Cash Flow of $5.9 billion. The company returned $3.2 billion to stockholders, 54% of Adjusted Free Cash Flow, through dividends and the repurchase of 13.84 million shares for $2.0 billion.
Diamondback increased its annual base dividend by 5% to $4.20 per share and declared a Q4 2025 base dividend of $1.05 per share. The company reduced leverage, ending 2025 with consolidated total debt of $14.7 billion and consolidated net debt of $14.6 billion. Proved reserves as of December 31, 2025 were 3,618 MMBOE, up 2% year over year. For 2026, Diamondback guides to essentially flat oil production of 500–510 MBO/d and cash capital expenditures of $3.6–$3.9 billion, including capital for Barnett/Woodford development and recovery-enhancement tests.
Diamondback Energy, Inc. reports selected operating metrics for the quarter ended December 31, 2025, focusing on realized commodity prices, derivative results and share count. Average unhedged realized prices were $58.00 per barrel of oil, $0.03 per Mcf of natural gas and $13.51 per barrel of NGLs. Average hedged realized prices were $57.07 per barrel of oil, $1.03 per Mcf of natural gas and $13.51 per barrel of NGLs.
For the fourth quarter of 2025, Diamondback anticipates a net gain on derivative instruments of $192 million, including a net gain on cash settlements of $73 million and a net non-cash gain of $119 million. Basic and diluted weighted average shares outstanding for the period were both 285,789 thousand, which is the share count used to calculate per‑share metrics.
Diamondback Energy (FANG) furnished an 8-K announcing Q3 2025 results. The company reported financial and operating results for the quarter ended September 30, 2025 and disclosed its third quarter 2025 base cash dividend.
The materials were provided via a press release and a stockholder letter, furnished as Exhibits 99.1 and 99.2 on November 3, 2025.
Diamondback Energy, Inc. provides selected third quarter 2025 metrics on prices, derivatives and share count. The company reports average unhedged realized prices of $64.60 per barrel of oil, $0.75 per Mcf of natural gas and $17.28 per barrel of NGLs, with hedged realized prices of $63.70, $1.75 and $17.28, respectively.
For the quarter, Diamondback anticipates a net gain on cash settlements for derivative instruments of $60 million and a net non-cash gain on derivative instruments of $60 million. Basic and diluted weighted average shares outstanding for the period are both reported at 288,826 thousand.