Diamondback Energy prices IPO at $17.50, within the range

By Renaissance Capital,

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Diamondback Energy, an oil and natural gas E&P operating in the Permian Basin of West Texas, raised $219 million by offering 12.5 million shares at $17.50, within the $17-$19 range. Diamondback Energy plans to list on the NASDAQ under the symbol FANG. Credit Suisse acted as lead manager on the deal.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines IPOs
Referenced Stocks: FANG

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