Ownership Submission

FORM 4

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

Greth Lyndal

2. Issuer Name and Ticker or Trading Symbol
Diamondback Energy, Inc. [FANG]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

_____ Director	__X__ 10% Owner
_____ Officer (give title below)	_____ Other (specify below)

(Last)

(First)

(Middle)

C/O KATTEN MUCHIN ROSENMAN LLP, 2121 N. PEARL STREET, SUITE 1100

3. Date of Earliest Transaction (Month/Day/Year)
09/23/2024

(Street)

DALLAS, TX 75201

4. If Amendment, Date Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	09/23/2024		S		1,348,510	D	$ 175.1075	10,378,196	I	See Footnotes ⁽¹⁾ ⁽⁵⁾
Common Stock	09/23/2024		S		134,851	D	$ 175.1075	1,037,819	I	See Footnotes ⁽²⁾ ⁽⁵⁾
Common Stock	09/23/2024		S		7,578,332	D	$ 175.1075	58,323,346	I	See Footnotes ⁽³⁾ ⁽⁵⁾
Common Stock	09/23/2024		S		4,151,137	D	$ 175.1075	31,947,366	I	See Footnotes ⁽⁴⁾ ⁽⁵⁾

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
	Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.		SEC 1474 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security
(Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code
(Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date
(Month/Day/Year)

7. Title and Amount of Underlying Securities
(Instr. 3 and 4)

8. Price of Derivative Security
(Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)

11. Nature of Indirect Beneficial Ownership
(Instr. 4)

Code

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Greth Lyndal C/O KATTEN MUCHIN ROSENMAN LLP 2121 N. PEARL STREET, SUITE 1100 DALLAS, TX 75201		X
ACS Capital Management, LLC C/O KATTEN MUCHIN ROSENMAN LLP 2121 N. PEARL STREET, SUITE 1100 DALLAS, TX 75201		X
ACS Capital Holdings, LP C/O KATTEN MUCHIN ROSENMAN LLP 2121 N. PEARL STREET, SUITE 1100 DALLAS, TX 75201		X
Stephens Family Trust C/O KATTEN MUCHIN ROSENMAN LLP 2121 N. PEARL STREET, SUITE 1100 DALLAS, TX 75201		X
Stephens Family Trust #2 C/O KATTEN MUCHIN ROSENMAN LLP 2121 N. PEARL STREET, SUITE 1100 DALLAS, TX 75201		X
SFT Management, LLC C/O KATTEN MUCHIN ROSENMAN LLP 2121 N. PEARL STREET, SUITE 1100 DALLAS, TX 75201		X
SFT 1 Holdings, LLC C/O KATTEN MUCHIN ROSENMAN LLP 2121 N. PEARL STREET, SUITE 1100 DALLAS, TX 75201		X
SFT 2 Holdings, LLC C/O KATTEN MUCHIN ROSENMAN LLP 2121 N. PEARL STREET, SUITE 1100 DALLAS, TX 75201		X
Autry Stephens Management Trust C/O KATTEN MUCHIN ROSENMAN LLP 2121 N. PEARL STREET, SUITE 1100 DALLAS, TX 75201		X
Endeavor Manager, LLC C/O KATTEN MUCHIN ROSENMAN LLP 2121 N. PEARL STREET, SUITE 1100 DALLAS, TX 75201		X

Signatures

/s/ Lyndal Stephens Greth Attorney-in-fact		09/23/2024
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	By ACS Capital Holdings, LP. Lyndal Stephens Greth is the sole trustee of the Autry Stephens Management Trust dated March 20, 2018, as amended, and the sole manager of ACS Capital Management, LLC. ACS Capital Management, LLC is the general partner, and the Autry Stephens Management Trust is the sole limited partner of ACS Capital Holdings, LP. Lyndal Stephens Greth has voting and dispositive power over the shares held directly by ACS Capital Holdings, LP.
(2)	By Endeavor Manager, LLC. Lyndal Stephens Greth is the sole trustee of the Autry Stephens Management Trust dated March 20, 2018, as amended, and the sole manager of ACS Capital Management, LLC. ACS Capital Management, LLC is the general partner, and the Autry Stephens Management Trust is the sole limited partner of ACS Capital Holdings, LP. ACS Capital Holdings, LP is the sole member of Endeavor Manager, LLC. Lyndal Stephens Greth has voting and dispositive power over the shares held directly by Endeavor Manager, LLC.
(3)	By SFT 1 Holdings, LLC. Lyndal Stephens Greth is the sole Investment Direction Adviser who may direct investment decisions of the Stephens Family Trust, a directed trust, a co-trustee of the Stephens Family Trust, and the sole member and manager of SFT Management, LLC. The Stephens Family Trust is the sole member of SFT 1 Holdings, LLC. SFT Management, LLC is the sole manager of SFT 1 Holdings, LLC. Lyndal Stephens Greth has voting and dispositive power over the shares held directly by SFT 1 Holdings, LLC.
(4)	By SFT 2 Holdings, LLC. Lyndal Stephens Greth is the sole Investment Direction Adviser who may direct investment decisions of the Stephens Family Trust #2, a directed trust, a co-trustee of the Stephens Family Trust #2, and the sole member and manager of SFT Management, LLC. The Stephens Family Trust #2 is the sole member of SFT 2 Holdings, LLC. SFT Management, LLC is the sole manager of SFT 2 Holdings, LLC. Lyndal Stephens Greth has voting and dispositive power over the shares held directly by SFT 2 Holdings, LLC.
(5)	Lyndal Stephens Greth may be deemed to beneficially own the shares of Company Common Stock beneficially owned by each of the Reporting Persons but disclaims beneficial ownership except to the extent of her pecuniary interest therein.

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