Diamondback Energy Boosts Credit Facility to $3.0B, Extends Maturity to 2031
Reported by Wiseek News
Sentiment
Positive
Importance
7
Price
$189.96
Mkt Cap
$53.438B
52W Low
$134.3
52W High
$214.51
Market data snapshot near publication time
Summary
Diamondback Energy has increased its revolving credit facility by $500 million, bringing the total to $3.0 billion, and extended its maturity date to June 2031. This move, disclosed shortly after an 8-K filing, also secures lower interest rates and fees. The enhanced facility significantly improves the company's liquidity and financial flexibility for the long term, while reducing its borrowing costs.
At the time of this announcement, FANG was trading at $189.96 on NASDAQ in the Energy & Transportation sector, with a market capitalization of approximately $53.4B. The 52-week trading range was $134.30 to $214.51. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Wiseek News.
Price Chart
FANG - Latest Insights
FANG
Jun 15, 2026, 4:23 PM EDT
Price at Filing:
$189.96
Real-time Price:
$190.89
Change:
+$0.9269 (+0.49%)
Market Cap:
$53.438B
FANG
Jun 15, 2026, 4:21 PM EDT
Price at Filing:
$189.96
Real-time Price:
$190.89
Change:
+$0.9269 (+0.49%)
Market Cap:
$53.438B
FANG
Jun 05, 2026, 4:05 PM EDT
Price at Filing:
$193.42
Real-time Price:
$190.89
Change:
-$2.53 (-1%)
Market Cap:
$53.438B
FANG
Jun 05, 2026, 4:05 PM EDT
Price at Filing:
$193.42
Real-time Price:
$190.89
Change:
-$2.53 (-1%)
Market Cap:
$53.438B
FANG
Jun 04, 2026, 5:12 PM EDT
Price at Filing:
$202.94
Real-time Price:
$190.89
Change:
-$12.05 (-6%)
Market Cap:
$53.438B
FANG
May 29, 2026, 1:07 PM EDT
Price at Filing:
$191.67
Real-time Price:
$190.89
Change:
-$0.7831 (-0.41%)
Market Cap:
$53.438B
FANG
May 08, 2026, 2:54 PM EDT
Price at Filing:
$189.54
Real-time Price:
$190.89
Change:
+$1.35 (+0.71%)
Market Cap:
$53.438B
FANG
May 06, 2026, 4:12 PM EDT
Diamondback Energy Reports Q1 Results with $1.4B Impairment, Boosts Capital Budget, and Reduces Debt
Price at Filing:
$196.18
Real-time Price:
$190.89
Change:
-$5.29 (-3%)
Market Cap:
$53.438B
FANG
May 04, 2026, 4:13 PM EDT
Price at Filing:
$211.00
Real-time Price:
$190.89
Change:
-$20.11 (-10%)
Market Cap:
$53.438B
FANG
May 04, 2026, 4:06 PM EDT
Price at Filing:
$211.00
Real-time Price:
$190.89
Change:
-$20.11 (-10%)
Market Cap:
$53.438B