FANG - Public offerings

MIDLAND, Texas, May 04, 2026 (GLOBE NEWSWIRE) -- Viper Energy, Inc. (NASDAQ:VNOM) ("Viper," "we," "our" or the "Company"), a subsidiary of Diamondback Energy, Inc. (NASDAQ:FANG) ("Diamondback"), today announced financial and operating results for the first quarter ended March 31, 2026. FIRST QUARTER HIGHLIGHTS Q1 2026 average production of 65,000 bo/d (130,711 boe/d)Q1 2026 lease bonus income of $15 millionQ1 2026 consolidated net income (including non-controlling interest) of $215 million; net income attributable to Viper of $97 million, or $0.53 per Class A common share; consolidated adjusted net income of $221 million, or $1.22 per Class A common shareQ1 2026 cash available for distri

MIDLAND, Texas, March 10, 2026 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ:FANG) ("Diamondback") announced today the pricing of an underwritten public offering of 11,000,000 shares of its common stock (the "Secondary Offering") by SGF FANG Holdings, LP (the "Selling Stockholder"). The gross proceeds from the sale of the shares by the Selling Stockholder will be approximately $1.9 billion. Diamondback will not receive any proceeds from the sale of the shares by the Selling Stockholder. The Secondary Offering is expected to close on March 12, 2026, subject to customary closing conditions. The Selling Stockholder has also granted the underwriters a 30-day option to purchase up to an

MIDLAND, Texas, March 10, 2026 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ:FANG) ("Diamondback") announced today the launch of an underwritten public offering of 11,000,000 shares of its common stock by SGF FANG Holdings, LP (the "Selling Stockholder"), subject to market and other conditions (the "Secondary Offering"). Diamondback will not receive any proceeds from the sale of the shares by the Selling Stockholder. The Selling Stockholder has also granted the underwriters a 30-day option to purchase up to an additional 1,650,000 shares of common stock, solely to cover over-allotments. Evercore ISI, Citigroup and J.P. Morgan are acting as joint book-running managers for the Second

MIDLAND, Texas, Feb. 23, 2026 (GLOBE NEWSWIRE) -- Viper Energy, Inc. (NASDAQ:VNOM) ("Viper," "we," "our" or the "Company"), a subsidiary of Diamondback Energy, Inc. (NASDAQ:FANG) ("Diamondback"), today announced financial and operating results for the fourth quarter and full year ended December 31, 2025. FOURTH QUARTER HIGHLIGHTS Q4 2025 average production of 66,413 bo/d (134,000 boe/d)Q4 2025 consolidated net loss (including non-controlling interest) of $246 million; net loss attributable to Viper of $103 million, or $0.61 per Class A common share; consolidated adjusted net income of $121 million, or $0.72 per Class A common shareQ4 2025 cash available for distribution to Viper's Class

MIDLAND, Texas, Nov. 03, 2025 (GLOBE NEWSWIRE) -- Viper Energy, Inc. (NASDAQ:VNOM) ("Viper," "we," "our" or the "Company"), a subsidiary of Diamondback Energy, Inc. (NASDAQ:FANG) ("Diamondback"), today announced financial and operating results for the third quarter ended September 30, 2025. THIRD QUARTER HIGHLIGHTS Q3 2025 average production of 56,087 bo/d (108,859 boe/d)Q3 2025 consolidated net loss (including non-controlling interest) of $197 million; net loss attributable to Viper of $77 million, or $0.52 per Class A common share; consolidated adjusted net income of $156 million, or $1.04 per Class A common shareQ3 2025 pro forma cash available for distribution to Viper's Class A comm

MIDLAND, Texas, Aug. 04, 2025 (GLOBE NEWSWIRE) -- Viper Energy, Inc., (NASDAQ:VNOM) ("Viper" or the "Company"), a subsidiary of Diamondback Energy, Inc. (NASDAQ:FANG) ("Diamondback"), today announced financial and operating results for the second quarter ended June 30, 2025. SECOND QUARTER HIGHLIGHTS Q2 2025 average production of 41,615 bo/d (79,286 boe/d)Q2 2025 consolidated net income (including non-controlling interest) of $84 million; net income attributable to Viper of $37 million, or $0.28 per Class A common shareQ2 2025 cash available for distribution to Viper's Class A common shares (as defined and reconciled below) of $97 million, or $0.74 per Class A common shareDeclared Q2 202

MIDLAND, Texas, May 05, 2025 (GLOBE NEWSWIRE) -- Viper Energy, Inc., (NASDAQ:VNOM) ("Viper" or the "Company"), a subsidiary of Diamondback Energy, Inc. (NASDAQ:FANG) ("Diamondback"), today announced financial and operating results for the first quarter ended March 31, 2025. FIRST QUARTER HIGHLIGHTS As previously announced, Q1 2025 average production of 31,311 bo/d (57,378 boe/d)Q1 2025 consolidated net income (including non-controlling interest) of $153 million; net income attributable to Viper of $75 million, or $0.62 per Class A common shareQ1 2025 cash available for distribution to Viper's Class A common shares (as defined and reconciled below) of $100 million, or $0.76 per Class A co

MIDLAND, Texas, May 01, 2025 (GLOBE NEWSWIRE) -- Viper Energy, Inc. (NASDAQ:VNOM) ("Viper" or the "Company"), a subsidiary of Diamondback Energy, Inc. (NASDAQ:FANG) ("Diamondback"), today announced that it and its operating subsidiary, Viper Energy Partners LLC (the "Operating Company"), have closed their previously announced acquisition of all of the equity interests in certain mineral and royalty interest-owning subsidiaries of Diamondback (the "Drop Down"). The total consideration for the Drop Down consisted of (i) $1.0 billion in cash and (ii) the issuance (the "Equity Issuance") of 69,626,640 units representing limited liability company interests in the Operating Company and an equiva

MIDLAND, Texas, April 01, 2025 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ:FANG) ("Diamondback" or "the Company") today announced that it has completed its previously announced acquisition of certain subsidiaries of Double Eagle IV Midco, LLC ("Double Eagle"). About Diamondback Diamondback is an independent oil and natural gas company headquartered in Midland, Texas focused on the acquisition, development, exploration and exploitation of unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas. For more information, please visit www.diamondbackenergy.com. Forward-Looking Statements This news release contains "forward-looking statements" within th

MIDLAND, Texas, Feb. 24, 2025 (GLOBE NEWSWIRE) -- Viper Energy, Inc., (NASDAQ:VNOM) ("Viper" or the "Company"), a subsidiary of Diamondback Energy, Inc. (NASDAQ:FANG) ("Diamondback"), today announced financial and operating results for the fourth quarter and full year ended December 31, 2024. FOURTH QUARTER HIGHLIGHTS Q4 2024 average production of 29,859 bo/d (56,109 boe/d)Q4 2024 consolidated net income (including non-controlling interest) of $272.8 million; net income attributable to Viper of $210.1 million, or $2.04 per Class A common share; includes a one-time tax benefit of $155.9 million from the reversal of the valuation allowance against the Company's deferred tax assetsQ4 2024 c

Travis D. Stice to step down as Chief Executive Officer, effective as of the Company's 2025 Annual Meeting of Stockholders; will remain as Executive Chairman through the Company's 2026 Annual Meeting of StockholdersKaes Van't Hof, current President, will assume Chief Executive Officer role and will join the Board of Directors effective as of the Company's 2025 Annual Meeting of StockholdersJere W. Thompson III, current Executive Vice President of Strategy and Corporate Development, has been promoted to Executive Vice President and Chief Financial Officer, effective todayDavid L. Houston to retire from the Board of Directors at the Company's 2025 Annual Meeting of Stockholders MIDLAND, Texas

Cottonmouth purchases 12.5 million shares of Verde Class A common stock at a price of $4.00 per share Brings Cottonmouth's total investment in Verde to $70 million and makes Cottonmouth the second largest shareholder of Verde Proceeds from the investment are expected to be used to further the development and construction of potential natural gas-to-gasoline production plants and for other general corporate purposes In connection with the closing of the investment, Verde appoints a director designated by Cottonmouth to its Board of Directors Verde Clean Fuels, Inc. ("Verde" or, the "Company") (NASDAQ:VGAS) announced today the closing of the previously announced $50 million equit

MIDLAND, Texas, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Viper Energy, Inc., (NASDAQ:VNOM) ("Viper" or the "Company"), a subsidiary of Diamondback Energy, Inc. (NASDAQ:FANG) ("Diamondback"), today announced financial and operating results for the third quarter ended September 30, 2024. THIRD QUARTER HIGHLIGHTS Q3 2024 average production of 26,978 bo/d (49,370 boe/d), an increase of 2.4% from Q2 2024Q3 2024 consolidated net income (including non-controlling interest) of $109.0 million; net income attributable to Viper Energy, Inc. of $48.9 million, or $0.52 per common shareQ3 2024 cash available for distribution to Viper's common shares (as defined and reconciled below) of $75.4 million, or $0.7

MIDLAND, Texas, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Viper Energy, Inc. (NASDAQ:VNOM) ("Viper" or the "Company"), a subsidiary of Diamondback Energy, Inc. (NASDAQ:FANG) ("Diamondback"), today announced it and its operating subsidiary Viper Energy Partners LLC ("OpCo") completed the previously announced acquisition of certain mineral and royalty interest- owning subsidiaries of Tumbleweed Royalty IV, LLC ("TWR IV") under the previously reported purchase agreement, dated as of September 11, 2024. The total consideration for the acquisition consisted of approximately $459.0 million in cash, the issuance of approximately 10.1 million OpCo units to TWR IV and an option granted for TWR IV to acquir

MIDLAND, Texas, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ:FANG) ("Diamondback") announced today the upsize and pricing of an underwritten public offering of 12,770,000 shares of its common stock (the "Secondary Offering") by certain Legacy Endeavor Stockholders (the "Selling Stockholders"). The gross proceeds from the sale of the shares by the Selling Stockholders will be approximately $2.2 billion. Diamondback will not receive any proceeds from the sale of the shares by the Selling Stockholders. The Secondary Offering is expected to close on September 23, 2024, subject to customary closing conditions. The Selling Stockholders have also granted the underwriters a

MIDLAND, Texas, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ:FANG) ("Diamondback") announced today the launch of an underwritten public offering of 11,270,000 shares of its common stock by certain Legacy Endeavor Stockholders (the "Selling Stockholders"), subject to market and other conditions (the "Secondary Offering"). Diamondback will not receive any proceeds from the sale of the shares by the Selling Stockholders. The Selling Stockholders have also granted the underwriters a 30-day option to purchase up to an additional 1,390,500 shares of common stock. In addition, Diamondback has authorized the purchase from the underwriters of 2,000,000 shares of common stock

Oklo and Diamondback Energy signed a non-binding letter of intent (the "LOI") 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. Oklo Inc. ("Oklo"), a fast fission clean power technology and nuclear fuel recycling company, announces an agreement with Diamondback Energy Inc. ("Diamondback") (NASDAQ:FANG), the largest independent producer headquartered in the shale-oil region to collaborate on a long-term Power Purchase Agreement ("PPA"). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240408533423/en/Oklo's Aurora powerhouse (

MIDLAND, Texas, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Viper Energy, Inc., (NASDAQ:VNOM) ("Viper" or the "Company"), a subsidiary of Diamondback Energy, Inc. (NASDAQ:FANG) ("Diamondback"), today announced financial and operating results for the fourth quarter and full year ended December 31, 2023. FOURTH QUARTER HIGHLIGHTS Q4 2023 average production of 24,533 bo/d (43,783 boe/d)Received $2.4 million in lease bonus incomeQ4 2023 consolidated net income (including non-controlling interest) of $125.9 million; net income attributable to Viper Energy, Inc. of $57.0 million, or $0.70 per common shareQ4 2023 cash available for distribution to Viper's common shares (as defined and

MIDLAND, Texas, Nov. 01, 2023 (GLOBE NEWSWIRE) -- Viper Energy Partners LP (NASDAQ:VNOM) ("Viper" or the "Company"), a subsidiary of Diamondback Energy, Inc. (NASDAQ:FANG) ("Diamondback"), today announced that it has completed its previously announced acquisition of certain mineral and royalty interests from affiliates of Warwick Capital Partners and GRP Energy Capital (the "GRP Acquisition"). Aggregate consideration consisted of $750 million in cash and approximately 9.02 million Viper common units, subject to customary post-closing adjustments. The cash portion of the transaction was funded with cash on hand, proceeds from the recently completed $400 million bond offering, $200 million i

MIDLAND, Texas, March 30, 2023 (GLOBE NEWSWIRE) -- On March 28, 2023, Michael P. Cross, who has been a member of the Board of Directors (the "Board") of Diamondback Energy, Inc. (NASDAQ:FANG) ("Diamondback" or the "Company") for over a decade since the Company's initial public offering and who currently also serves on the Board's Audit Committee, Compensation Committee, Nominating and Corporate Governance Committee and Safety, Sustainability and Corporate Responsibility Committee, informed the Company of his decision not to stand for re-election at the Company's 2023 Annual Meeting of Stockholders (the "Annual Meeting"). Mr. Cross' term as a director and committee member will expire immedi

MIDLAND, Texas, Jan. 31, 2023 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ:FANG) ("Diamondback" or "the Company") today announced that it has completed its previously announced acquisition of all leasehold interests and related assets of Lario Permian, LLC, a wholly owned subsidiary of Lario Oil & Gas Company, and certain associated sellers (collectively "Lario"). About Diamondback Energy, Inc. Diamondback is an independent oil and natural gas company headquartered in Midland, Texas focused on the acquisition, development, exploration and exploitation of unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas. For more information, please visit www

MIDLAND, Texas, Nov. 30, 2022 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ:FANG) ("Diamondback" or "the Company") today announced that it has completed its previously announced acquisition of all leasehold interests and related assets of FireBird Energy LLC ("FireBird"). About Diamondback Energy, Inc. Diamondback is an independent oil and natural gas company headquartered in Midland, Texas focused on the acquisition, development, exploration and exploitation of unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas. For more information, please visit www.diamondbackenergy.com. Forward Looking Statements The foregoing release contains forward-loo

MIDLAND, Texas, Dec. 01, 2021 (GLOBE NEWSWIRE) -- Rattler Midstream LP (NASDAQ:RTLR) ("Rattler"), a subsidiary of Diamondback Energy, Inc. (NASDAQ:FANG) ("Diamondback"), today announced the closing of the previously announced drop down transaction with Diamondback. Rattler, through its operating subsidiary, acquired certain water midstream assets from Diamondback for $160 million in cash, and Rattler and Diamondback amended commercial agreements covering the produced water gathering and disposal and sourced water gathering services between Rattler and Diamondback to add certain Diamondback leasehold acreage to the Rattler dedication. Rattler funded the transaction through cash on hand and

MIDLAND, Texas, Nov. 30, 2021 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ:FANG) ("Diamondback") announced today a series of leadership changes. Russell Pantermuehl, currently Executive Vice President and Chief Engineer, will retire from his current role at the end of 2021 after having worked at Diamondback since August 2011, prior to the Company's initial public offering. Russell and the Company have agreed that following his retirement he will serve as an advisor to Diamondback through December 31, 2022 in a limited role. Al Barkmann, currently Vice President of Reservoir Engineering, has been promoted to Senior Vice President of Reservoir Engineering, and will assume many of R

MIDLAND, Texas, Oct. 01, 2021 (GLOBE NEWSWIRE) -- Viper Energy Partners LP (NASDAQ:VNOM) ("Viper" or the "Company"), a subsidiary of Diamondback Energy, Inc. (NASDAQ:FANG) ("Diamondback"), today announced it has completed its previously announced acquisition of certain mineral and royalty interests from Swallowtail Royalties LLC and Swallowtail Royalties II LLC, portfolio companies of Blackstone Energy Partners. Aggregate consideration consisted of 15.25 million common units representing limited partnership interests in Viper and approximately $225 million in cash. As a result of the acquisition, Viper adds approximately 2,302 net royalty acres primarily in the Northern Midland Basin, roug

MIDLAND, Texas, May 04, 2021 (GLOBE NEWSWIRE) -- Rattler Midstream LP (NASDAQ:RTLR) ("Rattler" or the "Company"), a subsidiary of Diamondback Energy, Inc. (NASDAQ:FANG) ("Diamondback"), today announced financial and operating results for the first quarter ended March 31, 2021. FIRST QUARTER 2021 HIGHLIGHTS Q1 2021 consolidated net income (including non-controlling interest) of $25.9 millionQ1 2021 consolidated Adjusted EBITDA (as defined and reconciled below) of $65.3 millionQ1 2021 cash flow provided by operating activities of $52.7 million; Q1 2021 Operating Cash Flow Before Working Capital Changes (as defined and reconciled below) of $47.9 millionQ1 2021 cash operated capital expendit

MIDLAND, Tx., Feb. 26, 2021 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or the “Company”) today announced that it has completed its previously announced acquisition of leasehold interests and related oil and gas assets from Guidon Operating LLC, a portfolio company of Blackstone Energy Partners. Aggregate consideration consisted of $375 million in cash and 10.68 million shares of the Company’s common stock after accounting for post-effective date adjustments. As a result of the acquisition, Diamondback adds approximately 32,500 net acres in the Northern Midland Basin, primarily held by production allowing for capital efficient full field development. About D

MIDLAND, Texas, Feb. 24, 2021 (GLOBE NEWSWIRE) -- Rattler Midstream LP (NASDAQ: RTLR) (“Rattler” or the “Company”), a subsidiary of Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”), today announced financial and operating results for the fourth quarter and full year ended December 31, 2020. FOURTH QUARTER 2020 HIGHLIGHTS Q4 2020 consolidated net income (including non-controlling interest) of $38.9 millionQ4 2020 consolidated Adjusted EBITDA (as defined and reconciled below) of $77.6 millionBoard of Directors of Rattler's general partner approved a cash distribution for the fourth quarter of 2020 of $0.20 per common unit ($0.80 annualized); implies a 7.5% annualized yield based on

MIDLAND, Texas, Feb. 22, 2021 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or the “Company”) today announced financial and operating results for the fourth quarter and full year ended December 31, 2020. FOURTH QUARTER 2020 HIGHLIGHTS Q4 2020 average production of 175.8 MBO/d (299.0 MBOE/d), with average daily oil production up 3% over Q3 2020Generated Q4 2020 cash flow from operating activities of $403 million. Operating Cash Flow Before Working Capital Changes (as defined and reconciled below) of $468 millionQ4 2020 cash capital expenditures of $226 million; Q4 2020 activity-based capital expenditures incurred of approximately $200 millionGenerated Q4 2020