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Timothy Smith

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Timothy Smith

Re: Wildbilly post# 125

Wednesday, 08/12/2015 8:41:41 PM

Wednesday, August 12, 2015 8:41:41 PM

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Diamondback Energy (NASDAQ:FANG) -2% AH after announcing a public offering of 2M common shares, with an underwriters option to purchase up to an additional 300K shares.

FANG says it plans to use the proceeds to repay part of the outstanding borrowings under its revolving credit facility.

Purely My Own Opinion. Do Your Own Due Diligence.

“Formula for success: rise early, work hard, strike oil.” - J. Paul Getty

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  • 1M
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