Diamondback Energy Files 8-K

Ticker: FANG · Form: 8-K · Filed: Apr 8, 2024 · CIK: 1539838

Sentiment: neutral

Topics: 8-K, reporting, oil-and-gas

Related Tickers: FANG

TL;DR

DBEK filed an 8-K on 4/8. Standard reporting.

AI Summary

Diamondback Energy, Inc. filed an 8-K on April 8, 2024, reporting other events and financial statements. The company, incorporated in Delaware with its principal executive offices in Midland, Texas, is involved in crude petroleum and natural gas extraction.

Why It Matters

This filing indicates ongoing corporate activities and financial reporting for Diamondback Energy, Inc., a significant player in the oil and gas sector.

Risk Assessment

Risk Level: low — This is a routine filing for corporate events and financial statements, not indicating any immediate material changes or risks.

Key Numbers

Key Players & Entities

FAQ

What specific 'Other Events' are being reported in this 8-K filing?

The provided text does not detail the specific 'Other Events' beyond stating that this item is being reported.

What is the primary business of Diamondback Energy, Inc.?

Diamondback Energy, Inc. is primarily involved in Crude Petroleum & Natural Gas extraction, as indicated by its SIC code [1311].

When was this 8-K form filed?

This 8-K form was filed on April 8, 2024.

Where are Diamondback Energy, Inc.'s principal executive offices located?

The principal executive offices of Diamondback Energy, Inc. are located at 500 West Texas Ave. Suite 100, Midland, Texas 79701.

What is the company's fiscal year end?

The company's fiscal year ends on December 31 (1231).

Filing Stats: 1,175 words · 5 min read · ~4 pages · Grade level 15.9 · Accepted 2024-04-08 08:15:08

Key Financial Figures

Filing Documents

01

Item 8.01 Other Events. Diamondback Energy, Inc., a Delaware corporation (the "Company") is filing this current report on Form 8-K to provide certain historical financial information with respect to Endeavor Parent, LLC, a Texas limited liability company ("Endeavor"). The Company is filing the following exhibits to this Current Report on Form 8-K: (i) Endeavor's consolidated financial statements and supplemental schedules as Exhibit 99.1, which contain (a) its audited consolidated financial statements as of December 31, 2023 and 2022 and for each of the fiscal years ended December 31, 2023, 2022 and 2021 and (b) unaudited supplemental information on oil and natural gas producing activities; and (ii) Endeavor management's discussion and analysis of financial condition and results of operations of Endeavor as Exhibit 99.2.

Financial Statements and Exhibits

Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 23.1 Consent of Grant Thornton LLP, independent certified public accountants of Endeavor. 23.2 Consent of Netherland, Sewell & Associates, Inc., independent petroleum engineers of Endeavor. 99.1 Consolidated Financial Statements and Supplemental Schedules of Endeavor. 99.2 Endeavor Management's Discussion and Analysis of Financial Condition and Results of Operations of Endeavor. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).

Forward-Looking Statements

Forward-Looking Statements Certain of the documents included in this Current Report on Form 8-K contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act of 1934, as amended, which involve risks, uncertainties, and assumptions. All statements, other than statements of historical fact, including statements regarding future performance; business strategy; future operations (including drilling plans and capital plans); estimates and projections of revenues, losses, costs, expenses, returns, cash flow, and financial position; reserve estimates and its ability to replace or increase reserves; anticipated benefits of strategic transactions (including acquisitions and divestitures), and plans and objectives of Endeavor management (including plans for future cash flow from operations and for executing environmental strategies) are forward-looking statements. When used in such documents, the words "aim," "anticipate," "believe," "continue," "could," "estimate," "expect," "forecast," "future," "guidance," "intend," "may," "model," "outlook," "plan," "positioned," "potential," "predict," "project," "seek," "should," "target," "will," "would," and similar expressions (including the negative of such terms) are intended to identify forward-looking statements, although not all forward-looking performance and actual outcomes could differ materially from what Endeavor has expressed in any forward-looking statements in the documents included in this Current Report on Form 8-K. Factors that could cause the outcomes to differ materially include (but are not limited to) the following: changes in supply and demand levels for oil, natural gas, and natur

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. DIAMONDBACK ENERGY, INC. Date: April 8, 2024 By: /s/ Kaes Van't Hof Name: Kaes Van't Hof Title: President and Chief Financial Officer

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