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.
Diamondback Energy and Viper Energy hold a joint conference call Conference call to provide an interim 4Q14 operational update and preliminary 2015 guidance is being held on January 14 at 8:30 am. Webcast Link
Diamondback Energy says Q4 production increased 25% to 25.7 Mboe/d Diamondback's Q4 2014 production increased 25% to 25.7 Mboe/d, from 20.6 Mboe/d in Q3 2014. Full year 2014 production increased 166% over full year 2013 to 19.5 Mboe/d, above the 2014 guidance range of 17.0 to 19.0 Mboe/d.