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      <issuerCik>0001539838</issuerCik>
      <issuerName>Diamondback Energy, Inc.</issuerName>
      <secFileNumber>001-35700</secFileNumber>
      <issuerAddress>
        <com:street1>500 WEST TEXAS</com:street1>
        <com:street2>SUITE 1200</com:street2>
        <com:city>MIDLAND</com:city>
        <com:stateOrCountry>TX</com:stateOrCountry>
        <com:zipCode>79701</com:zipCode>
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      <issuerContactPhone>405-463-6900</issuerContactPhone>
      <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>Wesson Daniel N</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
      <relationshipsToIssuer>
        <relationshipToIssuer>Officer</relationshipToIssuer>
      </relationshipsToIssuer>
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      <brokerOrMarketmakerDetails>
        <name>Charles Schwab &amp; Co., Inc.</name>
        <address>
          <com:street1>3000 Schwab Way</com:street1>
          <com:city>Westlake</com:city>
          <com:stateOrCountry>TX</com:stateOrCountry>
          <com:zipCode>76262</com:zipCode>
        </address>
      </brokerOrMarketmakerDetails>
      <noOfUnitsSold>4000</noOfUnitsSold>
      <aggregateMarketValue>598702.00</aggregateMarketValue>
      <noOfUnitsOutstanding>181093498</noOfUnitsOutstanding>
      <approxSaleDate>08/03/2023</approxSaleDate>
      <securitiesExchangeName>NASDAQ</securitiesExchangeName>
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      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>05/28/2022</acquiredDate>
      <natureOfAcquisitionTransaction>Quarterly Dividend /Special Quarterly Dividend</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Diamondback Energy, Inc.</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>916</amountOfSecuritiesAcquired>
      <paymentDate>05/28/2022</paymentDate>
      <natureOfPayment>Quarterly Dividend /Special Quarterly Dividend</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>03/01/2023</acquiredDate>
      <natureOfAcquisitionTransaction>Performance Stock Lapse</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Diamondback Energy, Inc.</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>3084</amountOfSecuritiesAcquired>
      <paymentDate>03/01/2023</paymentDate>
      <natureOfPayment>Equity Compensation</natureOfPayment>
    </securitiesToBeSold>
    <nothingToReportFlagOnSecuritiesSoldInPast3Months>N</nothingToReportFlagOnSecuritiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>Daniel N Wesson</name>
        <address>
          <com:street1>500 WEST TEXAS</com:street1>
          <com:city>Midland</com:city>
          <com:stateOrCountry>TX</com:stateOrCountry>
          <com:zipCode>79701</com:zipCode>
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      <securitiesClassTitle>Diamondback Energy, Inc.</securitiesClassTitle>
      <saleDate>06/09/2023</saleDate>
      <amountOfSecuritiesSold>3000</amountOfSecuritiesSold>
      <grossProceeds>397517.00</grossProceeds>
    </securitiesSoldInPast3Months>
    <noticeSignature>
      <noticeDate>08/03/2023</noticeDate>
      <signature>Daniel N Wesson</signature>
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144
0001805429
XXXXXXXX
LIVE
0001539838
Diamondback Energy, Inc.
001-35700
500 WEST TEXAS
SUITE 1200
MIDLAND
TX
79701
405-463-6900
Wesson Daniel N
Officer
Common
Charles Schwab & Co., Inc.
3000 Schwab Way
Westlake
TX
76262
4000
598702.00
181093498
08/03/2023
NASDAQ
Common
05/28/2022
Quarterly Dividend /Special Quarterly Dividend
Diamondback Energy, Inc.
N
916
05/28/2022
Quarterly Dividend /Special Quarterly Dividend
Common
03/01/2023
Performance Stock Lapse
Diamondback Energy, Inc.
N
3084
03/01/2023
Equity Compensation
N
Daniel N Wesson
500 WEST TEXAS
Midland
TX
79701
Diamondback Energy, Inc.
06/09/2023
3000
397517.00
08/03/2023
Daniel N Wesson