Diamondback Energy, Inc.· FANG
🇺🇸 US · LargeSP500NASDAQ
- Price
- $191.87
- Day
- -3.46%
- Mkt Cap
- $53.98B
- 52W Range
- $134.30 – $214.51
- Volume
- 4.10M
- Beta
- 0.41
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MIDLAND, Texas, Aug. 03, 2026 (GLOBE NEWSWIRE) -- Diamondback Stockholders, This letter is meant to be a supplement to our earnings release and is being furnished to the Securities and Exchange Commission (SEC) and released to our stockholders simultaneously with our earnings release. Please see the information regarding forward-looking statements and non-GAAP financial information included at the end of this letter.
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MIDLAND, Texas, Aug. 03, 2026 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback,” “we,” “our” or the “Company”) today announced financial and operating results for the second quarter ended June 30, 2026.
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U.S. shale producer Diamondback Energy surpassed Wall Street expectations for second-quarter profit on Monday, as supply disruptions due to the prolonged conflict in the Middle East keep global oil prices elevated.
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The company benefited from the run-up in oil prices following the start of the war in Iran.
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Diamondback Energy (FANG) came out with quarterly earnings of $6.48 per share, beating the Zacks Consensus Estimate of $5.96 per share. This compares to earnings of $2.67 per share a year ago.
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While the top- and bottom-line numbers for Diamondback (FANG) give a sense of how the business performed in the quarter ended June 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
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Beyond analysts' top-and-bottom-line estimates for Diamondback (FANG), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended June 2026.
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FANG to report Q2 earnings on Aug. 3, as higher costs and weak gas prices weigh, while strong oil output and efficiency gains could support results.
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Bank of Nova Scotia lowered its position in Diamondback Energy, Inc. (NASDAQ: FANG) by 17.7% in the undefined quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 30,027 shares of the oil and natural gas company's stock after selling
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Bradley Foster and Sargent Inc. CT acquired a new position in Diamondback Energy, Inc. (NASDAQ: FANG) during the undefined quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 15,560 shares of the oil and natural gas company's stock, valued at approximately $3,078,000. A
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Diamondback (FANG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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Diamondback Energy, Inc. (NASDAQ: FANG - Get Free Report) has been assigned an average recommendation of "Buy" from the twenty-five analysts that are currently covering the stock, Marketbeat.com reports. Four analysts have rated the stock with a hold recommendation, seventeen have given a buy recommendation and four have issued a strong buy recommendation on the company.
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