Diamondback Energy Inc. - 2016-01-13

Pricing an upsized offering of 4 million common shares. Underwriter has monthlong option to purchase 600,000 additional shares. Net proceeds will repay outstanding revolving credit facility borrowings and support exploration and development activities and general corporate purposes. Offering scheduled to close Jan. 19, 2016. Credit Suisse Securities (USA) LLC is book-running manager.