| | | | | S-ii | | | |
| | | | | S-iii | | | |
| | | | | S-1 | | | |
| | | | | S-7 | | | |
| | | | | S-11 | | | |
| | | | | S-12 | | | |
| | | | | S-14 | | | |
| | | | | S-28 | | | |
| | | | | S-32 | | | |
| | | | | S-37 | | | |
| | | | | S-44 | | | |
| | | | | S-44 | | | |
| | | | | S-45 | | |
| | | | | 1 | | | |
| | | | | 2 | | | |
| | | | | 3 | | | |
| | | | | 3 | | | |
| | | | | 4 | | | |
| | | | | 5 | | | |
| | | | | 6 | | | |
| | | | | 20 | | | |
| | | | | 21 | | | |
| | | | | 22 | | | |
| | | | | 23 | | | |
| | | | | 23 | | |
| | |
As of June 30, 2022
|
| |||||||||||||||
(dollars in millions)
|
| |
Actual
|
| |
As
Adjusted |
| |
As
Further Adjusted |
| |||||||||
Cash and cash equivalents(1)
|
| | | $ | 43 | | | | | $ | — | | | | | $ | | | |
Long-term debt (including current maturities of long-term debt): | | | | | | | | | | | | | | | | | | | |
5.375% Senior Notes due 2022(2)
|
| | | $ | 25 | | | | | $ | — | | | | | $ | — | | |
7.320% Medium-term Notes, Series A, due 2022(3)
|
| | | | 20 | | | | | | — | | | | | | — | | |
5.250% Senior Notes due 2023
|
| | | | 10 | | | | | | 10 | | | | | | 10 | | |
3.250% Senior Notes due 2026
|
| | | | 780 | | | | | | 780 | | | | | | 780 | | |
5.625% Senior Notes due 2026
|
| | | | 14 | | | | | | 14 | | | | | | 14 | | |
7.125% Medium-term Notes, Series B, due 2028
|
| | | | 73 | | | | | | 73 | | | | | | 73 | | |
3.500% Senior Notes due 2029
|
| | | | 1,021 | | | | | | 1,021 | | | | | | 1,021 | | |
3.125% Senior Notes due 2031
|
| | | | 789 | | | | | | 789 | | | | | | 789 | | |
4.400% Senior Notes due 2051
|
| | | | 650 | | | | | | 650 | | | | | | 650 | | |
4.250% Senior Notes due 2052
|
| | | | 750 | | | | | | 750 | | | | | | 750 | | |
% Senior Notes due 2033 offered hereby(4)
|
| | | | — | | | | | | — | | | | | | | | |
Viper’s 5.375% Senior Notes due 2027
|
| | | | 430 | | | | | | 430 | | | | | | 430 | | |
Rattler’s 5.625% Senior Notes due 2025(5)
|
| | | | 500 | | | | | | 500 | | | | | | — | | |
DrillCo Agreement(6)
|
| | | | 41 | | | | | | 41 | | | | | | 41 | | |
Unamortized debt issuance costs
|
| | | | (32) | | | | | | (26) | | | | | | | | |
Unamortized discount costs
|
| | | | (22) | | | | | | (22) | | | | | | | | |
Unamortized premium costs
|
| | | | 5 | | | | | | 5 | | | | | | | | |
Unamortized basis adjustment of dedesignated interest rate swap agreements
|
| | | | (113) | | | | | | (113) | | | | | | (113) | | |
Subsidiary Guarantor’s revolving credit facility(7)
|
| | | | 33 | | | | | | 304(8) | | | | | | | | |
Viper revolving credit facility(9)
|
| | | | 250 | | | | | | 250 | | | | | | 250 | | |
Rattler revolving credit facility(10)
|
| | | | 232 | | | | | | — | | | | | | — | | |
Total debt, net
|
| | | | 5,456 | | | | | | 5,456 | | | | | | | | |
Stockholders’ equity: | | | | | | | | | | | | | | | | | | | |
Common stock, $0.01 par value, 400,000,000 shares authorized, 175,201,453 shares issued and outstanding(11)
|
| | | | 2 | | | | | | 2 | | | | | | 2 | | |
Additional paid-in capital
|
| | | | 13,772 | | | | | | 13,772 | | | | | | 13,772 | | |
Retained earnings (accumulated deficit)
|
| | | | (458) | | | | | | (458) | | | | | | (458) | | |
Total Diamondback Energy, Inc. stockholders’ equity
|
| | | | 13,316 | | | | | | 13,316 | | | | | | 13,316 | | |
Non-controlling interest
|
| | | | 1,074 | | | | | | 1,074 | | | | | | 1,074 | | |
Total equity
|
| | | | 14,390 | | | | | | 14,390 | | | | | | 14,390 | | |
Total capitalization
|
| | | $ | 19,846 | | | | | $ | 19,846 | | | | | $ | | | |
Underwriter
|
| |
Principal
Amount of Notes |
| |||
BofA Securities, Inc.
|
| | | $ | | | |
Barclays Capital Inc.
|
| | | | | | |
Scotia Capital (USA) Inc.
|
| | | | | | |
| | | | | | | |
| | | | | | | |
Total
|
| | | $ | | | |
| | |
Paid by us
|
| |||
Per note
|
| | | | % | | |
| | |
Page
|
| |||
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| | | | 5 | | | |
| | | | 6 | | | |
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| | | | 22 | | | |
| | | | 23 | | | |
| | | | 23 | | |
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