Diamondback Energy

FANG

Market cap $52.5B

Diamondback Energy (FANG) closed at $186.51 in the latest trading session, marking a -1.37% move from the prior day.

Many on Wall Street are arguing that oil prices could remain elevated regardless of how the Iran conflict resolves, for several structural reasons.

MIDLAND, Texas, April 13, 2026 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (the “Company” or “Diamondback”) today announced the expiration and results of its tender offers to purchase for cash any and all of its outstanding 4.400% Senior Notes due 2051 (the “2051 Notes”) and 4.250% Senior Notes due 2052 (the “2052 Notes” and together with the 2051 Notes, the “Notes”). The tender offers (the “Offers”) were made under the Offer to Purchase, dated April 6, 2026 (as may be amended or supplemented from time to time, the “Offer to Purchase”), and its accompanying notice of guaranteed delivery (the “Notice of Guaranteed Delivery”). Capitalized terms used but not defined in this press release have the meanings given to them in the Offer to Purchase. The Offers expired at 5:00 p.m., New York City time, on April 10, 2026 (the “Expiration Date”).

MIDLAND, Texas, April 10, 2026 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (the “Company” or “Diamondback”) today announced the pricing of its tender offers to purchase for cash (the “Offers”) any and all of its outstanding 4.400% Senior Notes due 2051 (the “2051 Notes”) and 4.250% Senior Notes due 2052 (the “2052 Notes” and, together with the 2051 Notes, the “Notes”). The table below shows the applicable Reference Yield and Consideration (as defined below) for the Notes, calculated as of 2:00 p.m., New York City time, today, April 10, 2026, in accordance with the Offer to Purchase, dated April 6, 2026 (as may be amended or supplemented from time to time, the “Offer to Purchase”), and its accompanying notice of guaranteed delivery (the “Notice of Guaranteed Delivery”).

While the two-week ceasefire came as a relief to many, especially after President Trump had ramped up the rhetoric, the reality is that while boats can move through the Strait of Hormuz, Bank of America reported that a stunning 11 million barrels per day of production remains shut in.

The latest trading day saw Diamondback Energy (FANG) settling at $186.47, representing a -4.62% change from its previous close.

Energy executives sold stock worth $1.4 billion in the first quarter on the back of a historic shock to the world's crude supplies.

Of the S&P 500's top 20 biggest decliners, 19 companies are in either the oil and gas or the fertilizer business, and the other one is in agriculture.

FANG's low-cost drilling, strong cash flow and high-recovery assets boost its edge, but rising costs, debt load and reserve cuts pose risks.

Q1 2026 was an exceptional quarter for energy stocks thanks to war in the Middle East, but Q2 2026 is not guaranteed to step in its footsteps. Energy prices can go higher and push the sector higher, but they do not have to if the U.S. can neutralize Iran's ability to project force. While energy stocks are benefiting from the fighting in the short term, it may actually come back to hurt them in the long run.