MIDLAND, Texas, May 15, 2013 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (Nasdaq:FANG) ("Diamondback Energy") today announced the pricing of an underwritten public offering of 4,500,000 shares of its common stock at a price of $29.25 per share. The 4,500,000 share offering represents a 500,000 share upsize to the originally proposed 4,000,000 share offering. The underwriters have an option to purchase up to an additional 675,000 shares from Diamondback Energy at the public offering price (less the underwriting discount). All of the shares to be sold in the offering will be sold by Diamondback Energy.
Diamondback Energy Announces Pricing Of Common Stock Offering
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.