Diamondback Energy, INC Schedule 13D activist filings

Viper Energy, Inc. announced an amendment to its Schedule 13D, detailing a definitive purchase agreement to acquire significant mineral and royalty interests from Diamondback Energy, Inc., Diamondback E&P LLC, and Endeavor Energy Resources, L.P. for approximately $157 million in equity.

Diamondback Energy, Inc. sold 510,071 Class A Common Stock shares of Viper Energy, Inc. to underwriters at $45.69 per share following an overallotment option exercise.

SGF FANG Holdings, LP, a major shareholder in Diamondback Energy, Inc., completed the sale of 12.65 million common shares for approximately $2.15 billion.

Diamondback Energy completed a secondary offering of Viper Energy Class A Common Stock, selling over 12 million shares at $45.69 each.

Diamondback Energy, Inc. has agreed to repurchase 2 million shares of its common stock from SGF FANG Holdings, LP at market prices totaling over $331 million.

Diamondback Energy, Inc. entered into an agreement to repurchase up to 15 million shares from SGF FANG Holdings, LP, with an initial 2 million shares bought at $152.59.

Diamondback Energy, Inc. and its subsidiaries significantly increased their beneficial ownership in Viper Energy, Inc. to 47.8% following the all-equity Sitio Acquisition.

Diamondback Energy, Diamondback E&P, and Endeavor Energy Resources have ceased beneficial ownership of VNOM Sub, Inc. following the Sitio Acquisition merger.

A significant internal reorganization has shifted beneficial ownership of 35.1% of Diamondback Energy shares to SGF FANG Holdings, LP, with no change in ultimate control by Lyndal Stephens Greth.

Major shareholders Diamondback Energy, Diamondback E&P, and Endeavor Energy Resources have irrevocably approved Viper Energy's all-equity merger with Sitio Royalties Corp., committing to support the transaction and restrict share transfers.

Diamondback Energy, Inc. and its subsidiaries have significantly increased their beneficial ownership in Viper Energy, Inc. to 54.1% following the completion of a $1.0 billion asset drop down transaction.

Diamondback Energy, Inc. has filed an amended Schedule 13D, disclosing its updated beneficial ownership in Viper Energy, Inc. and providing details on Viper's acquisition of Permian Basin royalty assets from Diamondback subsidiaries, funded by a recent equity offering.

Cottonmouth Ventures LLC, an affiliate of Diamondback Energy, Inc., has completed a $50 million private investment in public equity (PIPE) in Verde Clean Fuels, Inc., increasing its beneficial ownership to 65.8% and securing a board designation right.