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2026-09-30MGMT CHANGE

Diamondback Energy, Inc. [FANG] - Board Resignation

Darin Holderness and Lance Robertson resigned from the Board of Diamondback Energy, Inc. on September 29 and September 30, 2026, respectively, as part of a Board Stepdown defined in the Stockholders Agreement with SGF FANG Holdings, LP.

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Why this matters

Diamondback Energy, Inc. is a Delaware-incorporated company operating in the crude petroleum and natural gas industry, focusing on the exploration and production of oil and natural gas resources. Recently, two board members, Darin Holderness and Lance Robertson, resigned on September 29 and September 30, 2026, respectively. These resignations were part of a Board Stepdown as outlined in the Stockholders Agreement with SGF FANG Holdings, LP, and were not due to any disagreements with the company's operations, policies, or practices.