8-KEarnings & ResultsExhibits & Filings

Diamondback Energy, Inc. 8-K Report, Financial Results (Feb 26, 2013)

Filed February 26, 2013For Securities:FANG

Summary

Diamondback Energy, Inc. (FANG) filed an 8-K report on February 25, 2013, to announce its financial and operating results for the fourth quarter and full year ended December 31, 2012. This filing also provided initial guidance for the fiscal year 2013, offering investors a forward-looking perspective on the company's expected performance. The key information investors should note is the release of these historical results and the company's strategic outlook for the upcoming year, as detailed in the accompanying press release (Exhibit 99.1). This report serves as a crucial update for stakeholders, particularly given that Diamondback Energy was a relatively new public company at this time. The detailed operational and financial metrics disclosed, along with the 2013 guidance, are essential for assessing the company's growth trajectory, profitability, and overall financial health within the dynamic energy sector.

Key Highlights

  • 1Announcement of Q4 and Full Year 2012 Financial and Operating Results.
  • 2Issuance of 2013 Financial and Operational Guidance.
  • 3Filing primarily consists of a press release detailing the above information (Exhibit 99.1).
  • 4Report filed on February 25, 2013, with results pertaining to the period ending December 31, 2012.
  • 5Key executive signing the report is Teresa L. Dick, Senior Vice President and Chief Financial Officer.
  • 6Indicates the company's focus on transparent reporting of performance and future outlook shortly after year-end.

Frequently Asked Questions

The primary purpose of this 8-K filing is to announce Diamondback Energy's financial and operating results for the fourth quarter and the full year ended December 31, 2012, and to provide guidance for the fiscal year 2013. This information is formally communicated to the public through an attached press release.

The detailed financial and operating results, along with the 2013 guidance, are contained within the press release dated February 25, 2013, which is attached as Exhibit 99.1 to this Form 8-K filing.

The results announced in this filing cover the fourth quarter and the full fiscal year ended December 31, 2012.

The press release announcing these results and guidance was issued on February 25, 2013, and this 8-K filing was also made on the same date, February 25, 2013.