Complete the acquisition of QEP Resources
Delivered by the deadline
AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.
- Announced
- 21 Dec 2020
- Due
- 30 Jun 2021
- Delivered
- 17 Mar 2021
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“The transaction has been unanimously approved by the Boards of Directors of Diamondback and QEP and is expected to be completed in the first quarter or early in the second quarter of 2021”
What we found
Evidence strength A What the grades mean
Diamondback Energy completed the acquisition of QEP Resources on March 17, 2021, which falls within the stated timeframe of the first quarter or early second quarter of 2021.
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A Diamondback Energy 10-Q filed 2022-08-03
“On March 17, 2021, the Company completed its acquisition of QEP in an all-stock transaction (the “QEP Merger”).” ✓ confirmed on the page
Market reaction: the shares moved -6.2% against the S&P 500 over the three sessions around the disclosure (2 Aug 2022 to 5 Aug 2022). What this measures
Checked 13 Oct 2026.
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Acquisition close
- Indicative materiality
- High rules
- Action
- Complete
- Deliverable
- QEP Resources acquisition
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- Medium
- Specificity
- High
- Conditional
- Yes: subject to the approval of QEP stockholders; satisfaction of certain regulatory approvals; other customary closing conditions
- Depends on
- Regulatory, Shareholder
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: agreesA different AI model, Claude (Anthropic), re-read the evidence without being told the outcome and reached the same answer.
Confirmed. This outcome counts towards the company's Kept Score. How verification works
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Report an error in this entry Reference: KI-C-2020-FANG-009294 · Corrections policy