AI brief of an SEC Form 8-K · Diamondback Energy (FANG)

Diamondback Energy reports Q3 2025 realized oil price of $64.60 per barrel and $60 million cash derivative gain

Neutral Impact 2 of 5 earnings Written later

Diamondback Energy disclosed selected third quarter 2025 results, including realized commodity prices, derivative gains and weighted average share count, but did not report revenue, net income, earnings per share or guidance. The company expects a net cash gain of $60 million on derivative settlements for the quarter, which partly offsets a $15 million realized loss from terminating part of its interest rate swaps.

Key points

  • Average unhedged realized oil price was $64.60 per barrel; hedged oil price was $63.70 per barrel for the quarter ended September 30, 2025.
  • Anticipated net cash gain on derivative settlements of $60 million, with total derivative gain of $120 million including non-cash items.
  • A $15 million realized loss came from early termination of $150 million of a $450 million notional amount of interest rate swaps.
  • Basic and diluted weighted average shares outstanding were 288,826 thousand for the third quarter.

The filing

CompanyDiamondback Energy (FANG)
Form8-K, current report
Filed with the SECOct 9, 2025, 4:03 PM ET
Accession number0001539838-25-000141

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 09, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.