-
Diamondback Energy, Inc. ( NASDAQ: FANG )
| Area | Category | 2023 | 2024 Est. Initial | Updated 2024 Guidance | %Difference (2023 vs 2024) |
| Company Wide | Total Capital Expenditure ($mm) |
|
|
|
|
| Company Wide | Production Daily Equivalent (boe/d) |
|
|
|
|
| Company Wide | Production Oil (bbls/d) |
|
|
|
|
Permitting Activity
April 04,2024 : Diamondback Energy, Inc. Permitted the WILKINSON RANCH 7-5 A 1H Horizontal well in Midland,TX : Midland Basin,Permian BasinMarch 26,2024 : Diamondback Energy, Inc. Permitted the ABU GARCIA 28-16 U 21WB Horizontal well in Martin,TX : Midland Basin,Permian BasinMarch 26,2024 : Diamondback Energy, Inc. Permitted the ABU GARCIA 28-16 N 14WA Horizontal well in Martin,TX : Midland Basin,Permian BasinMarch 26,2024 : Diamondback Energy, Inc. Permitted the ABU GARCIA 28-16 A 1MS Horizontal well in Martin,TX : Midland Basin,Permian BasinMarch 26,2024 : Diamondback Energy, Inc. Permitted the ABU GARCIA 28-16 C 3JM Horizontal well in Martin,TX : Midland Basin,Permian Basin Click here for More Permits ActivityCompletion Activity / Well Results
December 07,2021 : Diamondback Energy, Inc. completed the BLACKFOOT EAST D 706WA well in Midland,TX with 25 Million lbs of proppant using Linear Gel/Slick Water Frac. The Well flowed 1,053 boe/d which consists of 883 Oil BOPD and 984 Mcf of gas on a 12,887 foot lateral .November 17,2021 : Diamondback Energy, Inc. completed the SITES 9-4 E 7WA well in Glasscock,TX using Linear Gel/Slick Water Frac. The Well flowed 1,489 boe/d which consists of 884 Oil BOPD and 3.509 MMcf of gas on a 10,307 foot lateral .November 17,2021 : Diamondback Energy, Inc. completed the SITES 9-4 D 5WA well in Glasscock,TX with 18 Million lbs of proppant using Linear Gel/Slick Water Frac. The Well flowed 1,379 boe/d which consists of 865 Oil BOPD and 2,983 Mcf of gas on a 10,332 foot lateral .November 15,2021 : Diamondback Energy, Inc. completed the HOLE IN THE ROCK 46-47 H 8BS well in Pecos,TX . The Well flowed 547 boe/d which consists of 482 Oil BOPD and 0.378 MMcf of gas on a 10,129 foot lateral .November 15,2021 : Diamondback Energy, Inc. completed the HOLE IN THE ROCK 46-47 G 7BS well in Pecos,TX . The Well flowed 1,125 boe/d which consists of 984 Oil BOPD and 0.815 MMcf of gas on a 10,200 foot lateral . Click here for More Completion ActivityLatest News & Activity
-
Contrary to The Noise, U.S. Oil Production will Likely Growth 4-5% In 2024; A look InsideFebruary 26,2024
-
Diamondback To Acquire Endeavor Energy In $26 Billion TransactionFebruary 12,2024
-
Diamondback Energy, Inc. First Quarter 2023 ResultsMay 04,2023
-
Diamondback Sells Permian Acreage For $479 MillionFebruary 21,2023
-
Diamondback Acquires Pure Play Permian; LarioNovember 16,2022
-
Diamondback to Acquire Permian E&P Firebird for $1.6B in Cash/StockOctober 11,2022
-
Diamondback Seals Rattler Midstream Deal; Takes Company PrivateAugust 25,2022
-
Diamondback Energy Second Quarter 2022 ResultsAugust 02,2022
-
Diamondback Takes Rattler Midstream Private in All-Stock Deal Worth $2.2BMay 16,2022
Deals - Diamondback Energy, Inc. Acquisitions
| Announce Date | Price($MM) | Region/Basin | Headline | |
|---|---|---|---|---|
| Feb-12-2024 | |
Permian - Midland Basin | Diamondback To Acquire Endeavor Energy In $26 Billion Transaction | |
| Nov-16-2022 | |
Permian,Permian - Midland Basin | Diamondback Acquires Pure Play Permian; Lario | |
| Oct-11-2022 | |
Permian - Midland Basin | Diamondback to Acquire Permian E&P Firebird for $1.6B in Cash/Stock | |
| Total |
|
|||
Deals - Diamondback Energy, Inc. Divestiture(s)
| Announce Date | Price($MM) | Region/Basin | Headline | |
|---|---|---|---|---|
| Oct-21-2021 | |
Permian | Rattler Midstream Acquires Permian Water Assets in $160MM Drop-Down Deal | |
| May-04-2021 | |
Permian - Delaware Basin,Permian - Midland Basin | Diamondback Unloads Non-Core Permian Assets in $87MM Deal | |
| May-03-2021 | |
Williston Basin | Oasis Acquries Bakken Property From Diamondback; $745 Million | |
| Total |
|
|||
Capital Raised
| Announced Date | Amount($MM) | Type | Headline | |
|---|---|---|---|---|
| Mar-04-2022 |
|
Debt | Diamondback Offers $750 Million in 4.250% Senior Notes | |
| Sep-20-2021 |
|
Buy Back | Diamondback Initiaties $2.0 Billion Stock Buyback | |
| Mar-19-2021 |
|
Debt | Diamondback Energy Prices $2.2 Billion Debt Offering | |
| Total |
|
|||
About
Diamondback Energy, Inc focuses on the acquisition, development, exploration, and exploitation of onshore oil and natural gas reserves in the United States It has interests in approximately 51,709 net acres of land in West Texas in the Permian Basin It
500 West Texas
Suite 1200
Midland TX 79701
Suite 1200
Midland TX 79701
Phone Number
432 221 7400
Latest Presentations More Presentations>>
Key Slides found in this Presentation
Drilling Activity (
Jan 2017 - Apr 2024)
| Basin |
|---|
| CENTRAL BASIN PLATFORM |
| DELAWARE BASIN |
| GULF COAST BASIN |
| MIDLAND BASIN |
| SAN JUAN BASIN |
Personnel (6 people)
-
VP Strategy and Corporate Development
Phone : -
VP Strategy and Corporate Development
Phone : -
-
VP Exploration and Geoscience
Phone : -
VP Exploration and Geoscience
Phone : -
-
VP and General Counsel
Phone : -
VP and General Counsel
Phone : -
-
VP Reservoir Engineering
Phone : -
VP Reservoir Engineering
Phone : -
-
Senior VP and CFO
Phone : -
Senior VP and CFO
Phone : -
-
President and CEO
Phone : -
President and CEO
Phone : -
| Frist Name | Last Name | Title | Phone | |
|---|---|---|---|---|
| Kaes | Van't Hof | VP Strategy and Corporate Development | 432-221-7400 | |
| Paul | Molnar | VP Exploration and Geoscience | 432-221-7400 | |
| Randall | Holder | VP and General Counsel | 432-221-7400 | |
| Russell | PanterMuehl | VP Reservoir Engineering | 432-221-7400 | |
| Teresa | Dick | Senior VP and CFO | 432-221-7400 | |
| Travis | Stice | President and CEO | 432-221-7400 |
A valid subscription is required to view this information
Please sign in to see the details - Sign In Need a Subscription?Click Here to Subscribe
A valid subscription is required to view this information
Please sign in to see the details - Sign In Need a Subscription?Click Here to Subscribe
A valid subscription is required to view this information
Please sign in to see the details - Sign In Need a Subscription?Click Here to Subscribe
| Area | Category | 2023 | 2024 Est. Initial | Updated 2024 Guidance | %Difference (2023 vs 2024) |
| Company Wide | Total Capital Expenditure ($mm) |
|
|
|
|
| Company Wide | Production Daily Equivalent (boe/d) |
|
|
|
|
| Company Wide | Production Oil (bbls/d) |
|
|
|
|
- Diamondback Energy Reducing 2023 Drilling Program
May 04,2023
- Diamondback Sells Permian Acreage For $479 Million
February 21,2023
Diamondback Energy Second Quarter 2022 Results
August 02,2022
Company Divestiture
| Announce Date | Buyer | $MM | Type | Play/Location | Details |
|---|---|---|---|---|---|
| Oct-21-2021 | |
|
Asset | Permian Basin | |
| May-04-2021 | |
|
Property | Midland Basin,Delaware Basin | |
| May-03-2021 | |
|
Property | Bakken Shale & Three Forks | |
Company Acquisitions
| Announce Date | Seller | $MM | Type | Play/Location | Details |
|---|---|---|---|---|---|
| Feb-12-2024 | |
|
Corporate | Midland Basin | |
| Nov-16-2022 | |
|
Corporate | Midland Basin | |
| Oct-11-2022 | |
|
Corporate | Midland Basin | |
No Results found
2_thumb.jpg&new_width=120&new_height=90&imgsize=false)
Company Hits Pay with 1180 BOPD Midland County Spraberry Well
June 22,2015
Horizontal well which IP'd at 1,184 BOPD in Midland County.
Midland County Spraberry Well, 1300 BOPD
May 12,2015
Horizontal well which IP'd at 1278 BOPD in Midland County.
Diamondback's Spraberry Wells Outperform Type Curve
May 07,2015
Diamondback's Q1 2015 production increased 19% to 30.6 Mboe/d from 25.7 Mboe/d in Q4 2014.
Diamondback's Spanish Trail Economic at $50
March 23,2015
Diamondback Energy is maintaining its earlier announced 2015 capital spend.
Diamondback Touts Strong Spraberry Results; Details 4Q
February 18,2015
The company detailed its latest results in the Spraberry, reserve growth and its 2015 outlook.
The Permian in 2015: 10 Companies to Drill ~1,460 Wells
February 08,2015
Part III of our feature series is focused on the Permian Basin. The ten companies below are planning to drill up to a combined 1,446 wells in 2015.
Diamondback Axes Plan to Accelerate Permian Drilling in 2015
January 16,2015
The company is also cutting down its rig count from eight to three.
Diamondback Continues Permian/Spraberry Dev; 2015 Budget Flat
January 13,2015
The company also detailed its latest results in the Wolfcamp and Spraberry plays.
Diamondback's Lower Spraberry Wells Pull Ahead; Six Rigs Running
November 05,2014
Q3 2014 production was 20.6 Mboe/d, an increase of 16% from Q2 2014 and 178% from Q3 2013.
Diamondback Drilling 60 HZ Wells in 2014, Production Increases 32%
August 06,2014
Q2 2014 production increased 32% to 17.8 Mboe/d from Q1 2014.
Diamondback Unveils Latest Permian Well Results; Will Add Rig
July 21,2014
The Neal F Unit 8 #6LS well in Upton County, with a 6,811 foot lateral, achieved a 24-hour initial production...
Top Permian Operator to Spud Its First Cline Shale Well
May 10,2014
Diamondback Energy Inc. provided the following update regarding its plan to test the Cline Shale during it's analyst call on May 10, 2014.
Pioneer, Diamondback, RSP Permian Showcase Big Wolfcamp Wells
May 10,2014
Diamondback Energy showcased significant wells in and around its acreage by the leading Permian Basin players.
DiamondBack Move Minerals To Viper Energy Partners; Files IPO
May 10,2014
Diamondback's spins out Viper Energy Partners to handle minerals underlying aproximately 12,687net acres in the Permian Basin Core (Midland county, Tx).
Wolfcamp B Well Produces 60 MBOE in 30 Days
May 08,2014
According to Shale Experts calculations, the well is on target to payout in <120 days.
Diamondback Boast Big Wolfcamp B Wells
April 10,2014
11 operated Wolfcamp B wells were completed during Q1 2014, ten of which have sufficient production history for an average 24 hour rate of...
Diamondback Sees Impressive Midland Wolfcamp Wells
February 07,2014
Diamondback reports impressive Midland Wolfcamp B Results; Reducing Well Cost through recycling Frac Water.
Operators Searching for Southern Midland Basin Wolfcamp Key
January 31,2014
What is still very clear is that operators continue to test various lateral length, frac stages and volumes of fluids used in frac these wells.
The 3 E&P Companies That Grew More Than 100% In 2013
January 07,2014
Three Companies have stood out in the last year and driven their stock to double in price in 2013.
Diamondback Happy With Initial Middle Spraberry Results; Grows Production
November 05,2013
The Company's first horizontal Middle Spraberry test well, the Sarah Ann 3814H, a non-operated well in Midland County, had a peak 24 hour initial production ("IP") rate of 733 Boe/d (90% oil)