Nov 2, 4:06 PM ET
Diamondback Energy reported third-quarter 2026 net income attributable to the company of $1.603 billion, along with $2.148 billion in free cash flow. The company increased its annual base dividend by 7.3% to $4.72 per share and raised its full-year 2026 production and capital expenditure guidance.
- Average oil production reached 525 MBO/d for the third quarter ended September 30, 2026.
- The annual base dividend increased by 7.3% to $4.72 per share.
- Full-year 2026 oil production guidance was increased to approximately 524 MBO/d.
Read the filing on SEC.gov ↗
Oct 8, 4:01 PM ET
Diamondback Energy disclosed preliminary third-quarter 2026 realized prices and derivative results in an Item 2.02 filing, without full financial results. The company reported a $182 million net loss on commodity derivatives, including $97 million in cash settlements, and hedged natural gas realized $0.90 per Mcf, below the $1.12 unhedged price. The filing does not include revenue, earnings per share or guidance, so shareholders cannot yet judge overall profitability from it.
- Average unhedged realized oil price was $87.30 per barrel; hedged oil price was $85.89 per barrel.
- Average unhedged natural gas price was $1.12 per Mcf; hedged natural gas price was $0.90 per Mcf.
- Net loss on commodity derivatives was $182 million, including $85 million non-cash and $97 million cash settlement loss.
- Basic and diluted weighted average shares outstanding were 279,959 thousand for the quarter.
Read the filing on SEC.gov ↗
Sep 30, 4:05 PM ET
Diamondback Energy amended its Stockholders Agreement with SGF FANG Holdings, LP, tying the Stephens group's board designation rights to its ownership level. Directors Darin Holderness and Lance Robertson resigned from the board in connection with a Board Stepdown under that agreement, not because of any disagreement with the company.
- Amendment dated September 29, 2026 lets the Stephens Majority designate two directors if Stephens Stockholders own at least 10% but less than 25% of outstanding shares.
- The Stephens Stockholders would have no designated directors if they own less than 10% of outstanding shares.
- Darin Holderness resigned from the board on September 29, 2026; Lance Robertson resigned on September 30, 2026.
- Resignations were stated to be unrelated to any disagreement with the company on operations, policies or practices.
Read the filing on SEC.gov ↗
Aug 3, 4:06 PM ET
Diamondback Energy reported second quarter 2026 net income attributable to the company of $1.88 billion, or $6.65 per diluted share, compared with $699 million, or $2.38 per share, a year earlier. The company raised its full-year 2026 oil production guidance and doubled its share repurchase authorization to $16.0 billion in July, which gives shareholders a larger buyback capacity.
- Q2 2026 total revenues were $5.562 billion, up from $3.678 billion in Q2 2025.
- Full-year 2026 oil production guidance raised to 522+ thousand barrels per day from 520+; total production guidance raised to 1,000+ thousand barrels of oil equivalent per day from 972+.
- Board doubled the share repurchase authorization to $16.0 billion on July 30, 2026; about $9.9 billion remains available.
- Base cash dividend of $1.10 per share declared, payable August 20, 2026, to holders of record on August 13, 2026.
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.