Diamondback Energy Inc

NASDAQ:FANG   3:59:59 PM EDT
132.71
+6.67 (+5.29%)
Other Pre-Announcement

Diamondback Energy Reports Q2 Adjusted EPS $7.07

Published: 08/01/2022 20:22 GMT
Diamondback Energy Inc (FANG) - Diamondback Energy, Inc. Announces Second Quarter 2022 Financial and Operating Results; Increases Share Repurchase Authorization to $4 Billion.
Qtrly Average Production of 221.1 Mbo/d (380.5 Mboe/d).
Q2 Adjusted Earnings per Share $7.07.
Q2 Earnings per Share $7.93.
Q2 Earnings per Share View $6.58 -- Refinitiv Ibes Data (analyst estimates).
Raising Midpoints of Both Total and Oil Net Production for Year.
Sees 2022 Total Net Production 374 Mboe/d - 380 Mboe/d.
Sees Q3 2022 Oil Production - 218 Mbo/d - 222 Mbo/d.
Qtrly Total Revenue $2.77 Billion Versus $1.68 Billion.
Q2 Revenue View $2.43 Billion -- Refinitiv Ibes Data (analyst estimates).