Diamondback Energy completes tender offers for 4.400% and 4.250% senior notes due 2051 and 2052

Diamondback Energy announced the completion of its tender offers to buy back its outstanding 4.400% senior notes due 2051 and 4.250% senior notes due 2052. A total of approximately $777 million in notes were validly tendered, with the company set to pay holders $825.60 per $1,000 for 2051 notes and $802.42 per $1,000 for 2052 notes, plus accrued interest. The settlement for most notes is expected on April 13, 2026, with some under guaranteed delivery procedures settling by April 15, 2026. This move helps Diamondback manage its debt and financial obligations effectively.