Diamondback Energy Announces Completion of Tender Offers for Senior Notes

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announced the final tender results of its previously announced tender offers to purchase for cash any and all of its outstanding 4.400% Senior Notes due 2051 and 4.250% Senior Notes due 2052. The Offers expired at 5:00 p.m., New York City time, on April 10, 2026. The Company issued a press release announcing the results of the Offers on April 13, 2026. The total principal amount of the 2051 Notes accepted for purchase was $386,412,000, and for the 2052 Notes, it was $605,258,000. The settlement date for the Consideration plus Accrued Interest is expected to be April 13, 2026.

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About Diamondback Energy Inc.

Diamondback Energy Inc. is a publicly traded company that engages in the acquisition, development, exploration, and exploitation of unconventional, onshore oil and natural gas reserves in the Permian Basin of West Texas. Its primary function is to extract hydrocarbon resources, which includes both crude oil and natural gas, through advanced drilling and recovery techniques. Diamondback Energy leverages its extensive portfolio of assets across the prolific Permian Basin, which is renowned for its rich oil and gas deposits and low-cost production benefits. The company plays a significant role in the energy sector by providing essential natural resources that fuel modern economies. Its strategic focus on high-margin assets and efficient operational practices make it a notable player in the United States energy market. Diamondback's operations impact sectors involved in energy supply, industrial production, and transportation. Headquartered in Midland, Texas, Diamondback Energy is committed to sustainable growth and maximizing shareholder value, ensuring its ongoing contribution to the energy landscape and the broader commodities market.