Diamondback Energy posts Q4 net loss of $1.5 billion on $3.7 billion impairment
Diamondback Energy reported a fourth-quarter 2025 net loss attributable to the company of $1,458 million, driven by a $3,652 million impairment of oil and natural gas properties, compared with net income of $1,074 million a year earlier. The company raised its annual base dividend 5% to $4.20 per share and gave 2026 guidance of 500 to 510 MBO/d of oil production and $3.6 billion to $3.9 billion of total capital expenditures. The dividend increase benefits shareholders, while the reported loss and impairment weigh on reported results.
Key points
- Q4 2025 net loss attributable to Diamondback of $1,458 million, or $5.11 per diluted share, versus net income of $1,074 million, or $3.67 per share, in Q4 2024.
- Impairment of oil and natural gas properties of $3,652 million in Q4 2025, compared with none in Q4 2024.
- Adjusted net income of $499 million, or $1.74 per diluted share, for Q4 2025.
- Annual base dividend increased 5% to $4.20 per share; Q4 2025 base dividend of $1.05 per share is payable March 12, 2026.
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 February 23, 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.