Company facts
- Industry
- Crude Petroleum & Natural Gas
- Headquarters
- Midland, Texas
- Most recent report
- 10-Q, filed Nov 4, 2026
- Incorporated
- Delaware
- Filings on record
- 1,001+ filings
- On EDGAR
- CIK 1539838
- Fiscal year ends
- December
- Filer status
- Large accelerated filer
Financials 8 of 42
News 8 of 167
Prospectuses and Registrations 8 of 61
- S-3ASR Automatic shelf registration Nov 21, 2025
- S-3ASR Automatic shelf registration Apr 7, 2025
- 424B2 Prospectus supplement for an offering Mar 10, 2025
- FWP Free writing prospectus Mar 6, 2025
- 424B5 Prospectus supplement for an offering Mar 6, 2025
- S-3ASR Automatic shelf registration Sep 19, 2024
- 424B2 Prospectus supplement for an offering Apr 11, 2024
- FWP Free writing prospectus Apr 10, 2024
Proxies 8 of 39
- DEFA14A Extra proxy material Apr 9, 2026
- DEF 14A Proxy statement for a shareholder vote Apr 9, 2026
- DEFA14A Extra proxy material Apr 10, 2025
- DEF 14A Proxy statement for a shareholder vote Apr 10, 2025
- DEFA14A Extra proxy material Apr 25, 2024
- DEF 14A Proxy statement for a shareholder vote Apr 25, 2024
- DEFA14A Extra proxy material Apr 18, 2024
- DEFA14A Extra proxy material Apr 18, 2024
Ownership 8 of 626
- SCHEDULE 13D/A Large holder reported an active stake, amended Nov 9, 2026
- 4 Insider reported a trade Oct 7, 2026
- 144 Notice of a proposed sale of restricted stock Oct 5, 2026
- SCHEDULE 13D/A Large holder reported an active stake, amended Sep 17, 2026
- 4 Insider reported a trade Sep 17, 2026
- 4 Insider reported a trade Sep 17, 2026
- 4 Insider reported a trade Sep 17, 2026
- 4 Insider reported a trade Sep 17, 2026
Other 8 of 66
What to read: Sep 2026 10-Q
SECSift found 2 of 11 sections worth reading, with 3 positive, 16 notable, and 0 negative flags.
Financial Statements (Item 1)
Financial statements and notes with material debt reduction, buyback, and JV commitments.Notable- Viper completed a secondary offering in March 2026, raising $589M for Diamondback to reduce debt.
- Two new JVs (Power JV and Solitude JV) have up to $969M in additional capital commitments if financing not obtained.
- Ceiling test impairment of $1.4B recorded in 9M 2026; no impairment in 9M 2025.
- Company repurchased $509M of stock from related party SGF in 9M 2026 under a quarterly agreement.
- Dividend raised to $1.18/share for Q3 2026, annualized to $4.72, up from $4.00 prior.
- Company retired $698M of 3.250% notes due 2026 and repurchased $195M of longer-dated notes in Q4 2026.
Management's Discussion (Item 2)
MD&A with detailed financials, hedging losses, debt retirement, and capital return changes.PositiveNotable- Q3 2026 cash operating costs $10.91/BOE; lease operating expenses $5.97/BOE, up slightly from Q2 2026.
- Q3 2026 capital expenditures $1.0 billion; 2026 budget raised to $3.95-$4.00 billion, up 6% from initial.
- Q3 2026 average production 1,034.0 MBOE/d, up from Q2 2026; daily combined volumes 1,033,967 BOE/d.
- Retired $893 million of senior notes in October 2026 for $889 million cash, reducing debt.
- Q3 2026 drop down of mineral/royalty interests to Viper for 3.82 million Viper LLC Units and Class B shares.
- Q3 2026 Viper acquisitions: McElroy Ranch ($529M) and Riverbend ($347M cash + 3.69M shares).
- Q3 2026 natural gas price realizations improved as new pipeline capacity came online; Waha differentials narrowed.
- Q3 2026 liquidity $3.5B ($548M cash + $3.0B credit facility); $1.5B senior notes maturing in 12 months.
- Q3 2026 future capital commitments for Power JV and Solitude JV estimated $494M to $944M; $519M power contract through 2034.
- Q3 2026 removed minimum 50% return of capital commitment for more discretion in Free Cash Flow allocation.
What changed: Sep 2026 vs. Jun 2026
About 8% of FANG's Sep 2026 10-Q is new information. 35 paragraphs were added, 190 changed, and 65 removed. Below are the most important lines SECSift identified.
Changed
- Basic EPS rose to $5.69 from $6.65 for Q3 2026 vs Q2 2026.
- Natural gas sales improved to $151M from -$276M for Q3 2026 vs Q2 2026.
- Net income rose to $1,771M from $2,055M for Q3 2026 vs Q2 2026.
- Oil sales rose to $4,216M from $4,627M for Q3 2026 vs Q2 2026.
- Drilled 105 gross horizontal wells in Q3 2026, up from 97 in Q2 2026.
- Exhibit 10.1 changed from credit agreement to Executive Retirement Policy, now incorporated by reference to Aug 5, 2026 10-Q.
- Exhibit 101 now covers quarter ended Sep 30, 2026 (was Jun 30, 2026) and lists statements in different order.
- Weighted average basic shares fell to 279,959 from 281,202 for Q3 2026 vs Q2 2026.
Removed
- Prior filing stated $9.9 billion remained as of July 31, 2026; current filing omits that sentence.
- Exhibit 10.1 (Seventeenth Amendment to Credit Agreement) and 10.2 (First Amendment to Viper Credit Agreement) removed.
- Prior filing mentioned Viper integrating Sitio Acquisition entities and possible control changes; current filing removed that.
- The prior filing disclosed a new Executive Retirement Policy adopted Aug 1, 2026; this section no longer includes it.
Everything here comes from Diamondback Energy, Inc.'s own filings on SEC EDGAR. The filing list is rechecked every hour. SECSift analysis was completed on Nov 5, 2026, from the 10-Q for Sep 2026.