Skip to main content
Diamondback Energy10-Q: Governance change

Board removes minimum 50% capital return commitment to gain flexibility in cash allocation.

What happened

Starting in Q2 2026, the board has eliminated the mandatory 50% free cash flow return policy, giving management more discretion over capital allocation.

Source

SEC EDGARMay 6, 2026

Quarterly report (Form 10-Q)

Diamondback Energy 10-Q

Filing excerpt

Beginning in the second quarter of 2026, our board of directors approved the removal of our minimum 50% return of capital quarterly commitment to allow the Company more discretion in the allocation of Free Cash Flow.

sec.gov/Archives/edgar/data/1539838/000153983826000077/fang-20260331.htmRead the full source

Other signals in this filing (11)

Extracted by Autobound

From the Signal API record
Signal
10-Q: Governance change

What this signalsFilings often name leadership changes, deals and spending plans.

Fiscal year end
03/31
Filed
May 6, 2026

More 10-Q signals at other companies

The full record

From the Signal API record

Numbers

Percent
50% (Previous minimum return of capital quarterly commitment that was removed)

Details

CIK
1539838
Accession number
0001539838-26-000077
Timeframe
Next quarter
Filing year
2026
Fiscal year
0
Why it matters
Governance tools needed
Signal category
Esg

Extraction

Confidence
High
Relevance
70%
Sentiment
Neutral
Detected
May 12, 2026
signal_type
sec-10q
signal_subtype
governanceChange

Use this data

Get every 10-Q signal for Diamondback Energy and the companies you sell to, in the tools you already use.

  1. Ask Claude about it

    Connect Autobound to Claude, Claude Code or Cursor with MCP. Then ask: “What changed at Diamondback Energy this week?”

  2. Send it to your own tools

    The Signal API returns 10-Q signals for any list of companies as JSON, for your CRM, warehouse or app.

  3. Try it free

    Sign up and spend your free credits on the companies you sell to.

    Start Free1,000 free credits

The API returns more than this page shows

This page shows a preview. The full sec-10q record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/462dbb63-412e-4439-a4a4-91c5e6d16d09 returns this record as JSON. POST /v1/companies/enrich returns every signal for diamondbackenergy.com.

{
  "signal_id": "462dbb63-412e-4439-a4a4-91c5e6d16d09",
  "signal_type": "sec-10q",
  "signal_subtype": "governanceChange",
  "detected_at": "2026-05-12T09:24:57.285+00:00",
  "company": {
    "name": "Diamondback Energy",
    "domain": "diamondbackenergy.com"
  },
  "data": {
    "detail": "Starting in Q2 2026, the board has eliminated the mandatory 50% free cash flow return policy, giving management more discretion over capital allocation. This change could free up significant cash for strategic initiatives, technology investments, or further debt reduction, creating new budget opportunities for vendors.",
    "metrics": {
      "pct": 0.5,
      "timeframe": "next_quarter",
      "pct_context": "Previous minimum return of capital quarterly commitment that was removed"
    },
    "summary": "Board removes minimum 50% capital return commitment to gain flexibility in cash allocation.",
    "excerpts": "Beginning in the second quarter of 2026, our board of directors approved the removal of our minimum 50% return of capital quarterly commitment to allow the Company more discretion in the allocation of Free Cash Flow.",
    "relevance": 0.7,
    "sentiment": "neutral",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/1539838/000153983826000077/fang-20260331.htm",
    "filing_date": "2026-05-06",
    "filing_year": 2026,
    "fiscal_year": 0,
    "fiscal_year_end": "03/31",
    "sales_relevance": "Governance tools needed",
    "signal_category": "esg"
  }
}

Long text fields are shortened on this page.

Looking up one signal by its id is free. Enrich costs 2 credits per signal returned; a call with no results is free.