Diamondback Energy files to sell 2M shares of common stock for holders The shares to be sold in the offering will be sold by certain entities controlled by Wexford Capital LP and by Gulfport Energy (GPOR). The Wexford entities intend to sell 1M shares and Gulfport intends to sell 1M shares. All of the net proceeds will go to the selling stockholders. Credit Suisse Securities is acting as sole book-running manager for the offering.
Diamondback Energy files to sell 1.5M shares Diamondback intends to use the net proceeds from this offering to repay a portion of the outstanding borrowings under its revolving credit facility. Credit Suisse Securities (USA) LLC is acting as sole book-running manager for the offering.