Diamondback Energy Announces Launch of Secondary Common Stock Offering

NodeGuardian · 2026-03-24T22:35:21+00:00

Diamondback Energy is initiating a public offering of 11 million shares of its common stock, sold by SGF FANG Holdings, without receiving any proceeds. The underwriters also have the option to buy 1.65 million additional shares.

NodeGuardian

2026-03-24 22:35:21

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Diamondback Energy, Inc. has announced the launch of a secondary underwritten public offering of 11,000,000 shares of its common stock by SGF FANG Holdings, LP. Diamondback will not receive any proceeds from this sale. The Selling Stockholder has also granted the underwriters an option to purchase an additional 1,650,000 shares to cover over-allotments.

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