Diamondback Energy, Inc. - Form 8-K Summary
Business Context and Reporting Period
This Form 8-K reports on the results of the 2013 Annual Meeting of Stockholders held by Diamondback Energy, Inc. on June 3, 2013, in Oklahoma City, Oklahoma. The filing was submitted on June 6, 2013.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance voting results.
Material Changes and Voting Results
Stockholders voted on two proposals:
- Proposal 1: Election of Directors - Five nominees were elected to serve until the 2014 Annual Meeting.
- Steven E. West: 32,876,725 For; 539,131 Withheld; 198,804 Non-Votes
- Travis D. Stice: 33,096,913 For; 318,943 Withheld; 198,804 Non-Votes
- Michael P. Cross: 33,299,490 For; 116,366 Withheld; 198,804 Non-Votes
- David L. Houston: 32,335,157 For; 1,080,699 Withheld; 198,804 Non-Votes
- Mark L. Plaumann: 33,313,840 For; 102,016 Withheld; 198,804 Non-Votes
- Proposal 2: Ratification of Independent Auditors - Grant Thornton LLP was ratified as the independent auditor for the fiscal year ending December 31, 2013.
- For: 33,599,213
- Against: 3,000
- Abstain: 12,447
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items.
Key Facts for Investor Verification
- Confirmation that all five director nominees received majority support for re-election.
- Verification that Grant Thornton LLP was successfully ratified as the independent auditor.
- Review of the definitive proxy statement filed on April 30, 2013, for detailed background on the proposals.