Diamondback Energy launches secondary offering of 11 million shares

Reuters03-11
<a href="https://laohu8.com/S/FANG">Diamondback Energy</a> launches secondary offering of 11 million shares

Diamondback launched an underwritten public secondary offering of 11 million common shares sold by SGF FANG Holdings. Diamondback said it will not receive any proceeds from the sale. The selling shareholder granted underwriters a 30-day option to buy up to an additional 1.65 million shares to cover over-allotments. Evercore ISI, Citigroup and J.P. Morgan are joint book-running managers for the offering.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Diamondback Energy Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603101610PRIMZONEFULLFEED9669556) on March 10, 2026, and is solely responsible for the information contained therein.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment