Diamondback Energy Q3 profit rises to $1,018 million; raises oil output guidance
Diamondback Energy reported third quarter 2025 net income attributable to the company of $1,018 million, or $3.51 per diluted share, up from $659 million, or $3.19 per share, a year earlier. Total revenues rose to $3,924 million from $2,645 million, and the company raised its full-year 2025 oil production guidance to 495 - 498 MBO/d while narrowing its capital spending range.
Key points
- Q3 2025 net income attributable to Diamondback was $1,018 million ($3.51 diluted EPS), versus $659 million ($3.19) in Q3 2024.
- Total return of capital in Q3 2025 was $892 million, including $603 million of share repurchases and the $1.00 per share base dividend payable November 20, 2025.
- Full-year 2025 oil production guidance was raised to 495 - 498 MBO/d; cash capital expenditures were narrowed to $3.45 - $3.55 billion.
- Closed divestitures of Environmental Disposal Systems on October 1 ($694 million upfront cash) and EPIC Crude interest on October 31 ($504 million upfront cash).
The filing
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 November 03, 2025.
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