Close the divestiture of non-core Permian Basin assets
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
- 4 May 2021
- Due
- 30 Jun 2021
- Delivered
- 7 Jun 2021
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“Both transactions expected to close in the second quarter of 2021, subject to continued diligence and closing conditions”
What we found
Evidence strength A What the grades mean
Diamondback Energy successfully closed the divestiture of its non-core Permian Basin assets in early June 2021, which falls within the second quarter of 2021.
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A Diamondback Energy 10-K filed 2022-02-24
“On June 3, 2021 and June 7, 2021, respectively, the Company closed transactions to divest certain non-core Permian assets” ✓ confirmed on the page
Market reaction: the shares moved +3.1% against the S&P 500 over the three sessions around the disclosure (23 Feb 2022 to 28 Feb 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
- Close
- Deliverable
- Permian Basin non-core assets divestiture
- Where
- Permian Basin
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- Medium
- Specificity
- High
- Conditional
- Yes: subject to continued diligence and closing conditions
- Depends on
- Counterparty
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-2021-FANG-009302 · Corrections policy