Diamondback Energy Files 8-K for Material Agreement

Ticker: FANG · Form: 8-K · Filed: 2025-03-20T00:00:00.000Z

Sentiment: neutral

Topics: material-agreement, financial-obligation, 8-k

Related Tickers: FANG

TL;DR

DBEK filed an 8-K for a big new deal. Details to come.

AI Summary

On March 20, 2025, Diamondback Energy, Inc. filed an 8-K to report the entry into a material definitive agreement. The filing also indicates the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement of the registrant. Specific details regarding the agreement and financial obligations were not immediately available in the provided text.

Why It Matters

This filing signals a significant new contract or financial commitment for Diamondback Energy, which could impact its future operations and financial standing.

Risk Assessment

Risk Level: medium — The filing indicates a material definitive agreement and financial obligations, which inherently carry risks that are not yet fully disclosed.

Key Players & Entities

FAQ

What is the nature of the material definitive agreement Diamondback Energy entered into?

The filing indicates the entry into a material definitive agreement, but the specific details of this agreement are not provided in the excerpt.

What type of financial obligation is Diamondback Energy creating?

The filing states the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement, but the specifics are not detailed in the provided text.

When was this 8-K filing submitted?

The 8-K filing was submitted on March 20, 2025.

What is Diamondback Energy's principal executive office address?

Diamondback Energy's principal executive office is located at 500 West Texas Ave. Suite 100 Midland, Texas 79701.

What is the SIC code for Diamondback Energy?

The Standard Industrial Classification (SIC) code for Diamondback Energy is 1311, which corresponds to Crude Petroleum & Natural Gas.

From the Filing

0001140361-25-009701.txt : 20250320 0001140361-25-009701.hdr.sgml : 20250320 20250320164243 ACCESSION NUMBER: 0001140361-25-009701 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 16 CONFORMED PERIOD OF REPORT: 20250320 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250320 DATE AS OF CHANGE: 20250320 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: 25757086 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 ef20045911_8k.htm 8-K false 0001539838 0001539838 2025-03-20 2025-03-20 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 March 20, 2025 Date of Report (Date of Earliest Event Reported)   DIAMONDBACK ENERGY, INC. (Exact name of registrant as specified in its charter)   Delaware 001-35700 45-4502447 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)   500 West Texas Ave. Suite 100 Midland , Texas 79701 (Address of principal executive offices) (Zip Code)   Registrant’s telephone number, including area code: ( 432 ) 221-7400   Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:   ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ 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 Act:   Title of each class Trading Symbol(s) Name of each exchange on which registered Common stock, par value $0.01 per share 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. Item 1.01. Entry into a Material Definitive Agreement.   On March 20, 2025, Diamondback Energy, Inc. (the “Company” or “Diamondback”) completed its previously announced underwritten public offering (the “Notes Offering”) of $1,200,000,000 aggregate principal amount of its 5.550% Senior Notes due 2035 (the “Notes”).   The Notes have been registered under the Securities Act of 1933, as amended (the “Act”), pursuant to a registration statement on Form S-3 (No. 333-268495), filed with the Securities and Exchange Commission (the “SEC”) and automatically effective on November 21, 2022 (the “Shelf Regist

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