Diamondback Energy, Inc. 8-K Filing: Key Insights on February 14, 2025

Here's an extracted analysis of the key information from the provided section of the financial report:

1. Company Information:

• Name: Diamondback Energy, Inc.
• State of Incorporation: Delaware (DE)
• CIK Number: 0001539838
• Address: 500 West Texas Ave., Suite 100, Midland, TX 79701
• Phone Number: 432-221-7400

2. Report Type:

• 8-K filing, which is typically used to disclose major events that shareholders should know about.

3. Filing Date:

• February 14, 2025.

4. Stock Information:

• Common Stock Par Value: $0.01.
• Ticker Symbol: FANG (traded on NASDAQ).

5. Financial Context:

• The report is structured in XBRL (eXtensible Business Reporting Language) format.
• The financial period covered is precisely one day, February 14, 2025, which suggests a specific event or transaction being reported on that date.

6. Units of Measurement:

• The report uses USD (United States Dollars) for financial figures.
• It also references shares in terms of stock valuation.

7. XML Attributes:

• The report contains references to schemas and namespaces, indicating compliance with XBRL standards for SEC filings.

Insights:

• The timing of this 8-K filing on a specific date suggests a significant event, which could range from a financial transaction to a major corporate announcement.
• The detailed company information and identifiers comply with SEC regulations, ensuring transparency and traceability.
• The use of XBRL indicates a move towards more structured and machine-readable financial reporting, which can enhance analysis and accessibility.

Overall, this section provides a concise snapshot of Diamondback Energy's critical information related to a specific event in their financial reporting cycle.