Diamondback Energy
Midland, Texas, United States · Energy, Natural Resources, Oil And Gas
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.
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Key facts
- Headquarters
- Midland, Texas, United States
- Employees
- 1,191
- Industries
- Energy, Natural Resources, Oil And Gas
- Status
- Public (FANG)
- Website
- www.diamondbackenergy.com
- Company page
Recent activity at Diamondback Energy
- : SEC 8-K (1.01): On September 29, 2026, Diamondback Energy, Inc. entered into a First Amendment to the Stockholders Agreement with SGF FANG Holdings, LP. This amendment allows the Stephens Majority to designate two directors to the Board if they own between 10% and 25% of the Outstanding Shares. The prior Stockholders Agreement had specific provisions that guided director nominations, and this amendment could significantly affect corporate governance and control. The changes took effect immediately upon signing, reflecting a strategic shift in board composition and stakeholder influence within the company.
- : Diamondback Energy to acquire Vencer Energy
- : SEC 8-K (1.01): On June 12, 2026, Diamondback Energy, Inc. entered into a seventeenth amendment to their Second Amended and Restated Credit Agreement with Wells Fargo Bank, extending the maturity date from June 12, 2030, to June 12, 2031, and increasing total commitments from $2.5 billion to $3.0 billion. The Amendment also resulted in a decrease in the interest rate applicable to loans under the Credit Agreement, which is significant for the company's financial obligations. The filing includes details about lenders potentially providing various financial services to Diamondback Energy in the future. The strategic implications include enhanced liquidity and extended financial flexibility for the company.
About Diamondback Energy: questions and answers
What does Diamondback Energy do?
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.
Where is Diamondback Energy headquartered?
Diamondback Energy is headquartered in Midland, Texas, United States.
How many employees does Diamondback Energy have?
Diamondback Energy has about 1,191 employees.
What is the latest news on Diamondback Energy?
On Sep 29, 2026, SEC 8-K (1.01): On September 29, 2026, Diamondback Energy, Inc. entered into a First Amendment to the Stockholders Agreement with SGF FANG Holdings, LP. This amendment allows the Stephens Majority to designate two directors to the Board if they own between 10% and 25% of the Outstanding Shares. The
Is Diamondback Energy a public company?
Yes. Diamondback Energy is publicly traded under the ticker FANG.
Source: Fundz records from SEC filings, press releases and company announcements. How Fundz measures data accuracy