Diamondback Q4 2025 oil price $58.00 per barrel; derivative gain $192 million
Diamondback Energy disclosed fourth-quarter 2025 realized prices, derivative results and weighted average share counts in an Item 2.02 filing. The filing does not include revenue, net income, earnings per share or guidance, so shareholders cannot assess overall profitability from it.
Key points
- Average unhedged realized oil price was $58.00 per barrel; hedged oil price was $57.07 per barrel.
- Average unhedged natural gas price was $0.03 per Mcf and hedged price was $1.03 per Mcf; NGL price was $13.51 per barrel.
- Expected total gain on derivative instruments was $192 million, including a $73 million net cash gain on settlements.
- Basic and diluted weighted average shares outstanding were 285,789 thousand for the quarter.
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 January 12, 2026.
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.