Diamondback Energy Files 8-K on Equity Sale
Ticker: FANG · Form: 8-K · Filed: 2025-02-18T00:00:00.000Z
Sentiment: neutral
Topics: equity-sale, unregistered-securities, filing
Related Tickers: DBEK
TL;DR
DBEK sold unregistered equity, check the filings.
AI Summary
On February 14, 2025, Diamondback Energy, Inc. filed an 8-K report detailing an unregistered sale of equity securities. The filing also includes information on other events and financial statements and exhibits. The company is incorporated in Delaware and headquartered in Midland, Texas.
Why It Matters
This filing indicates Diamondback Energy engaged in an unregistered sale of equity securities, which could have implications for existing shareholders and market perception.
Risk Assessment
Risk Level: medium — Unregistered sales of equity can sometimes signal financial distress or dilution, requiring further investigation.
Key Players & Entities
- Diamondback Energy, Inc. (company) — Registrant
- February 14, 2025 (date) — Earliest event reported
- Midland, TX (location) — Principal executive offices
- 001-35700 (other) — Commission File Number
FAQ
What type of equity securities were sold in the unregistered offering?
The filing does not specify the exact type of equity securities sold in the unregistered offering.
Who was the counterparty in the unregistered sale of equity securities?
The filing does not disclose the identity of the purchaser in the unregistered sale of equity securities.
What was the aggregate purchase price or total consideration for the unregistered equity sale?
The filing does not provide details on the aggregate purchase price or total consideration for the unregistered equity sale.
Were any underwriters involved in the unregistered sale of equity securities?
The filing indicates an 'unregistered sale of equity securities' and does not mention any underwriters, suggesting it was a private placement or direct sale.
What is the significance of the 'Other Events' and 'Financial Statements and Exhibits' sections in this filing?
These sections typically contain additional material information or disclosures relevant to the company's operations and financial health, beyond the primary event reported.
From the Filing
0001104659-25-014457.txt : 20250218 0001104659-25-014457.hdr.sgml : 20250218 20250218060651 ACCESSION NUMBER: 0001104659-25-014457 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20250214 ITEM INFORMATION: Unregistered Sales of Equity Securities ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250218 DATE AS OF CHANGE: 20250218 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Diamondback Energy, Inc. CENTRAL INDEX KEY: 0001539838 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-35700 FILM NUMBER: 25632442 BUSINESS ADDRESS: STREET 1: 500 WEST TEXAS STREET 2: SUITE 1200 CITY: MIDLAND STATE: TX ZIP: 79701 BUSINESS PHONE: 405-463-6900 MAIL ADDRESS: STREET 1: 500 WEST TEXAS STREET 2: SUITE 1200 CITY: MIDLAND STATE: TX ZIP: 79701 8-K 1 tm256842d1_8k.htm FORM 8-K false 0001539838 false false false false 0001539838 2025-02-14 2025-02-14 iso4217:USD xbrli:shares iso4217:USD xbrli:shares       UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549       FORM 8-K   CURRENT REPORT   Pursuant to Section 13 or 15(d) of the   Securities Exchange Act of 1934   Date of report (Date of earliest event reported): February 14, 2025       DIAMONDBACK ENERGY, INC. (Exact Name of Registrant as Specified in Charter)   DE   001-35700   45-4502447 (State or other jurisdiction of incorporation)   (Commission File Number)   (I.R.S. Employer Identification Number)   500 West Texas Ave. Suite 100 Midland , TX   79701 (Address of principal executive offices)   (Zip code)   ( 432 ) 221-7400 (Registrant’s telephone number, including area code)   Not Applicable (Former name or former address, if changed since last report)   Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions:   o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)   o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)   o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))   o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))   Securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934:   Title of each class   Trading Symbol(s)   Name of each exchange on which registered Common Stock, $0.01 Par Value   FANG   The Nasdaq Stock Market LLC (NASDAQ Global Select Market)   Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).   Emerging growth company ¨   If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.   o             Item 3.02. Unregistered Sales of Equity Securities.   On February 14, 2025, Diamondback Energy, Inc. (the “Company”) and Diamondback E&P LLC (the “Purchaser”), a wholly owned subsidiary of the Company, entered into a definitive securities purchase agreement with Double Eagle IV Midco, LLC (the “Seller”), pursuant to which the Purchaser will acquire all of the issued and outstanding interests o