Diamondback Energy, Inc. (FANG) stock
Close on Oct 30, 2026Market cap $59.39BP/E 41.1Yield 1.89%
Earnings
Diamondback Energy's quarterly results as reported in its earnings releases, with the company's own outlook. Hover a number to see the sentence it came from.
Quarterly results
Revenue and earnings per share from each of Diamondback Energy's earnings releases, newest first
| Quarter | Reported | Revenue | YoY | EPS | Adj. EPS | Source |
|---|---|---|---|---|---|---|
| Q4 FY2026ended Dec 31, 2026 | Feb 22, 2027Expected | – | – | – | – | – |
| Q3 FY2026ended Sep 30, 2026 | Oct 8, 2026after the close | – | – | – | – | Filing |
| Q2 FY2026ended Jun 30, 2026 | Aug 3, 2026after the close | $5.56B | +51.2% | $6.65 | $6.48 | Release |
| Q1 FY2026ended Mar 31, 2026 | May 4, 2026after the close | $4.24B | +4.7% | $0.08 | $4.23 | Release |
| Q4 FY2025ended Dec 31, 2025 | Feb 23, 2026after the close | $3.38B | -9.0% | -$5.11 | $1.74 | Release |
| Q3 FY2025ended Sep 30, 2025 | Nov 3, 2025after the close | $3.92B | +48.4% | $3.51 | $3.08 | Release |
| Q2 FY2025ended Jun 30, 2025 | Aug 4, 2025after the close | $3.68B | +48.1% | $2.38 | $2.67 | Release |
| Q1 FY2025ended Mar 31, 2025 | May 5, 2025after the close | $4.05B | +81.8% | $4.83 | $4.54 | Release |
| Q4 FY2024ended Dec 31, 2024 | Feb 24, 2025after the close | $3.71B | +66.6% | $3.67 | $3.64 | Release |
| Q3 FY2024ended Sep 30, 2024 | Nov 4, 2024after the close | $2.65B | +13.0% | $3.19 | $3.38 | Release |
| Q2 FY2024ended Jun 30, 2024 | Aug 5, 2024after the close | $2.48B | +29.4% | $4.66 | $4.52 | Release |
| Q1 FY2024ended Mar 31, 2024 | Apr 30, 2024after the close | $2.23B | +15.7% | $4.28 | $4.50 | Release |
| Q4 FY2023ended Dec 31, 2023 | Feb 20, 2024after the close | $2.23B | +9.8% | $5.34 | $4.74 | Release |
| Q3 FY2023ended Sep 30, 2023 | Nov 6, 2023after the close | $2.34B | -4.0% | $5.07 | $5.49 | Release |
| Q2 FY2023ended Jun 30, 2023 | Jul 31, 2023after the close | $1.92B | -30.7% | $3.05 | $3.68 | Release |
| Q1 FY2023ended Mar 31, 2023 | May 1, 2023after the close | $1.93B | -20.1% | $3.88 | $4.10 | Release |
| Q4 FY2022ended Dec 31, 2022 | Feb 21, 2023after the close | $2.03B | +0.4% | $5.62 | $5.29 | Release |
| Q3 FY2022ended Sep 30, 2022 | Nov 7, 2022after the close | $2.44B | +27.6% | $6.72 | $6.48 | Release |
| Q2 FY2022ended Jun 30, 2022 | Aug 1, 2022after the close | $2.77B | – | $7.93 | $7.07 | Release |
| Q1 FY2022ended Mar 31, 2022 | May 2, 2022after the close | $2.41B | – | $4.36 | $5.20 | Release |
| Q4 FY2021ended Dec 31, 2021 | Feb 22, 2022after the close | $2.02B | – | $5.54 | $3.63 | Release |
| Q3 FY2021ended Sep 30, 2021 | Nov 1, 2021after the close | $1.91B | – | $3.56 | $2.94 | Release |
| Q2 FY2021ended Jun 30, 2021 | Aug 2, 2021after the close | – | – | – | – | Release |
| Q1 FY2021ended Mar 31, 2021 | May 4, 2021after the close | – | – | – | – | Release |
| Q4 FY2020ended Dec 31, 2020 | Feb 22, 2021after the close | – | – | – | – | Release |
| Q3 FY2020ended Sep 30, 2020 | Nov 2, 2020after the close | – | – | – | – | Release |
Figures as first announced; later restatements appear under Financials. Expected dates are estimated from the company's past reporting pattern.
Current guidance
Diamondback Energy's latest outlook for periods it has not reported yet, compared with what it said before
| Metric | Period | Guidance | Before | Change | Given |
|---|---|---|---|---|---|
| Q3 2026 Capital expenditures | Q3 FY2026 | $950.00M – $1.05B | – | New | Aug 3, 2026 |
| Q3 2026 Cash taxes | Q3 FY2026 | $400.00M – $460.00M | – | New | Aug 3, 2026 |
| Q3 2026 Oil production - MBO/d | Q3 FY2026 | 517 – 527 | – | New | Aug 3, 2026 |
| Q3 2026 total BOE production | Q3 FY2026 | 995 – 1015 | – | Raised | Aug 3, 2026 |
| 2026 Total capital expenditures | FY2026 | $3.90B | $3.90B | Reaffirmed | Aug 3, 2026 |
| 2026 Net production - MBOE/d | FY2026 | 1000 | 926 – 962 | Raised | Aug 3, 2026 |
| 2026 Oil production - MBO/d | FY2026 | 522 | 500 – 510 | Lowered | Aug 3, 2026 |
| Average lateral length | FY2026 | 12,900 | – | Raised | May 4, 2026 |
| Average lateral length (Ft.) | FY2026 | 12,900 | 12,900 | Reaffirmed | Aug 3, 2026 |
| Cash G&A | FY2026 | $1 – $1 | $1 – $1 | Lowered | Aug 3, 2026 |
| Cash tax ratenon-GAAP | FY2026 | 18% – 21% | – | Reaffirmed | May 4, 2026 |
| Cash tax rate (% of pre-tax income)non-GAAP | FY2026 | 19% – 22% | 18% – 21% | Raised | Aug 3, 2026 |
| Corporate tax rate | FY2026 | 23% | – | Raised | May 4, 2026 |
| Corporate tax rate (% of pre-tax income)GAAP | FY2026 | 23% | – | New | Aug 3, 2026 |
| Corporate tax rate (% of pre-tax income) | FY2026 | 23% | – | Raised | Feb 23, 2026 |
| DD&A | FY2026 | $14 – $15 | $14 – $15 | Raised | Aug 3, 2026 |
| Gathering, processing and transportation | FY2026 | $1 – $2 | $2 – $2 | Raised | Aug 3, 2026 |
| Interest expense (net of interest income) | FY2026 | $1 – $1 | $1 – $1 | Lowered | Aug 3, 2026 |
| Lease operating expenses, including workovers | FY2026 | $6 – $6 | $6 – $6 | Lowered | Aug 3, 2026 |
| Net lateral footage completed | FY2026 | 6100 – 6500 | – | Raised | May 4, 2026 |
| Net lateral footage completed (1,000's of Ft.) | FY2026 | 6100 – 6500 | 5900 – 6300 | Lowered | Aug 3, 2026 |
| Non-cash equity-based compensation | FY2026 | $0 – $0 | $0 – $0 | Lowered | Aug 3, 2026 |
| Operated drilling and completion | FY2026 | $3.31B | $3.31B | Raised | Aug 3, 2026 |
| organic year-over-year growth | FY2026 | +5% | – | New | May 4, 2026 |
| Production and ad valorem taxes | FY2026 | 7% | – | Lowered | May 4, 2026 |
| Production and ad valorem taxes (% of revenue) | FY2026 | 7% | 7% | Lowered | Aug 3, 2026 |
Guidance history
Every forecast Diamondback Energy put in an earnings release, newest first
| Given | Metric | Period | Guidance | Change |
|---|---|---|---|---|
| Aug 3, 2026 | Q3 2026 Capital expenditures | Q3 FY2026 | $950.00M – $1.05B | New |
| Aug 3, 2026 | 2026 Total capital expenditures | FY2026 | $3.90B | Reaffirmed |
| Aug 3, 2026 | Q3 2026 Oil production - MBO/d | Q3 FY2026 | 517 – 527 | New |
| Aug 3, 2026 | Q3 2026 total BOE production | Q3 FY2026 | 995 – 1015 | Raised |
| Aug 3, 2026 | Q3 2026 Cash taxes | Q3 FY2026 | $400.00M – $460.00M | New |
| Aug 3, 2026 | Average lateral length (Ft.) | FY2026 | 12,900 | Reaffirmed |
| Aug 3, 2026 | Net lateral footage completed (1,000's of Ft.) | FY2026 | 6100 – 6500 | Lowered |
| Aug 3, 2026 | 2026 Net production - MBOE/d | FY2026 | 1000 | Raised |
| Aug 3, 2026 | 2026 Oil production - MBO/d | FY2026 | 522 | Lowered |
| Aug 3, 2026 | Production and ad valorem taxes (% of revenue) | FY2026 | 7% | Lowered |
| Aug 3, 2026 | Corporate tax rate (% of pre-tax income) | FY2026 | 23% | New |
| Aug 3, 2026 | Cash tax rate (% of pre-tax income) | FY2026 | 19% – 22% | Raised |
| Aug 3, 2026 | Lease operating expenses, including workovers | FY2026 | $6 – $6 | Lowered |
| Aug 3, 2026 | Cash G&A | FY2026 | $1 – $1 | Lowered |
| Aug 3, 2026 | Non-cash equity-based compensation | FY2026 | $0 – $0 | Lowered |
| Aug 3, 2026 | DD&A | FY2026 | $14 – $15 | Raised |
| Aug 3, 2026 | Interest expense (net of interest income) | FY2026 | $1 – $1 | Lowered |
| Aug 3, 2026 | Gathering, processing and transportation | FY2026 | $1 – $2 | Raised |
| Aug 3, 2026 | Operated drilling and completion | FY2026 | $3.31B | Raised |
| May 4, 2026 | Capital expenditures | Q2 FY2026 | $925.00M – $1.03B | New |
| May 4, 2026 | Total capital expenditures | FY2026 | $3.90B | Raised |
| May 4, 2026 | oil production | Q2 FY2026 | 515 – 525 | New |
| May 4, 2026 | total BOE production | Q2 FY2026 | 950 – 990 | Raised |
| May 4, 2026 | Cash taxes | Q2 FY2026 | $440.00M – $500.00M | New |
| May 4, 2026 | Net lateral footage completed | FY2026 | 6100 – 6500 | Raised |
| May 4, 2026 | Average lateral length | FY2026 | 12,900 | Raised |
| May 4, 2026 | Production and ad valorem taxes | FY2026 | 7% | Lowered |
| May 4, 2026 | Corporate tax rate | FY2026 | 23% | Raised |
| May 4, 2026 | Cash tax rate | FY2026 | 18% – 21% | Reaffirmed |
| May 4, 2026 | organic year-over-year growth | FY2026 | +5% | New |
| May 4, 2026 | Lease operating expenses, including workovers | FY2026 | $6 – $6 | Lowered |
| May 4, 2026 | Cash G&A | FY2026 | $1 – $1 | Lowered |
| May 4, 2026 | Non-cash equity-based compensation | FY2026 | $0 – $0 | Lowered |
| May 4, 2026 | DD&A | FY2026 | $14 – $15 | Raised |
| May 4, 2026 | Interest expense (net of interest income) | FY2026 | $1 – $1 | Lowered |
| May 4, 2026 | Gathering, processing and transportation | FY2026 | $2 – $2 | Raised |
| May 4, 2026 | Operated drilling and completion | FY2026 | $3.31B | Raised |
| Feb 23, 2026 | Q1 2026 Capital expenditures | Q1 FY2026 | $900.00M – $975.00M | New |
| Feb 23, 2026 | 2026 Total capital expenditures | FY2026 | $3.60B – $3.90B | New |
| Feb 23, 2026 | Q1 2026 Oil production - MBO/d | Q1 FY2026 | 502 – 512 | New |
| Feb 23, 2026 | Q1 2026 Cash taxes ($ - million) | Q1 FY2026 | $180.00M – $240.00M | New |
| Feb 23, 2026 | Average lateral length (Ft.) | FY2026 | 12,900 | New |
| Feb 23, 2026 | Net lateral footage completed (1,000's of Ft.) | FY2026 | 5900 – 6300 | Lowered |
| Feb 23, 2026 | 2026 Net production - MBOE/d | FY2026 | 926 – 962 | New |
| Feb 23, 2026 | 2026 Oil production - MBO/d | FY2026 | 500 – 510 | Lowered |
| Feb 23, 2026 | Production and ad valorem taxes (% of revenue) | FY2026 | 7% | New |
| Feb 23, 2026 | Corporate tax rate (% of pre-tax income) | FY2026 | 23% | Raised |
| Feb 23, 2026 | Cash tax rate (% of pre-tax income) | FY2026 | 18% – 21% | New |
| Feb 23, 2026 | Lease operating expenses, including workovers | FY2026 | $6 – $6 | New |
| Feb 23, 2026 | Cash G&A | FY2026 | $1 – $1 | Lowered |
| Feb 23, 2026 | Non-cash equity-based compensation | FY2026 | $0 – $0 | Lowered |
| Feb 23, 2026 | DD&A | FY2026 | $15 – $16 | Raised |
| Feb 23, 2026 | Interest expense (net of interest income) | FY2026 | $1 – $1 | Lowered |
| Feb 23, 2026 | Gathering, processing and transportation | FY2026 | $2 – $2 | Raised |
| Feb 23, 2026 | Operated drilling and completion | FY2026 | $3.05B – $3.27B | Raised |
| Nov 3, 2025 | cash capital expenditures | Q4 FY2025 | $875.00M – $975.00M | New |
| Nov 3, 2025 | cash capital expenditures | FY2025 | $3.45B – $3.55B | Narrowed |
| Nov 3, 2025 | oil production | Q4 FY2025 | 505 – 515 | New |
| Nov 3, 2025 | total - MBOE/d | Q4 FY2025 | 927 – 963 | Raised |
| Nov 3, 2025 | Q4 2025 Cash taxes ($ - million) | Q4 FY2025 | $270.00M – $350.00M | New |
| Nov 3, 2025 | gross wells | FY2025 | 445 – 465 | New |
| Nov 3, 2025 | gross wells | FY2025 | 510 – 520 | Raised |
| Nov 3, 2025 | oil production | FY2025 | 495 – 498 | New |
| Nov 3, 2025 | annual BOE | FY2025 | 910 – 920 | Raised |
| Nov 3, 2025 | average lateral length | FY2025 | 11,500 | Raised |
| Nov 3, 2025 | Production and ad valorem taxes (% of revenue) | FY2025 | 7% | New |
| Nov 3, 2025 | Midland Basin completed net lateral feet (%) | FY2025 | 95% | Raised |
| Nov 3, 2025 | Delaware Basin completed net lateral feet (%) | FY2025 | 5% | Lowered |
| Nov 3, 2025 | Corporate tax rate (% of pre-tax income) | FY2025 | 23% | New |
| Nov 3, 2025 | Cash tax rate (% of pre-tax income) | FY2025 | 15% – 18% | New |
| Nov 3, 2025 | Lease operating expenses, including workovers | FY2025 | $5 – $6 | New |
| Nov 3, 2025 | Cash G&A | FY2025 | $1 – $1 | Lowered |
| Nov 3, 2025 | Non-cash equity-based compensation | FY2025 | $0 – $0 | Lowered |
| Nov 3, 2025 | DD&A | FY2025 | $15 – $16 | Raised |
| Nov 3, 2025 | Interest expense (net of interest income) | FY2025 | $1 – $1 | Lowered |
| Nov 3, 2025 | Gathering, processing and transportation | FY2025 | $1 – $2 | Raised |
| Nov 3, 2025 | FY 2025 Midland Basin well costs per lateral foot | FY2025 | $550 – $580 | Raised |
| Nov 3, 2025 | FY 2025 Delaware Basin well costs per lateral foot | FY2025 | $860 – $910 | Raised |
| Aug 4, 2025 | cash capital expenditures guidance | Q3 FY2025 | $750.00M – $850.00M | New |
| Aug 4, 2025 | cash capital expenditures | FY2025 | $3.40B – $3.60B | Lowered |
| May 5, 2025 | cash capital expenditures guidance | Q2 FY2025 | $800.00M – $900.00M | New |
| May 5, 2025 | cash capital expenditures guidance | FY2025 | $3.40B – $3.80B | Lowered |
| Feb 24, 2025 | Capital expenditures | Q1 FY2025 | $900.00M – $1.00B | New |
| Feb 24, 2025 | Total capital expenditures | FY2025 | $3.80B – $4.20B | New |
| Nov 4, 2024 | Q4 2024 Capital expenditures | Q4 FY2024 | $950.00M – $1.05B | New |
| Nov 4, 2024 | 2024 Total capital expenditures | FY2024 | $2.88B – $3.00B | Raised |
| Nov 4, 2024 | Q4 2024 Gross horizontal wells drilled (net) | Q4 FY2024 | 105 – 125 | New |
| Nov 4, 2024 | Q4 2024 Gross horizontal wells completed (net) | Q4 FY2024 | 110 – 130 | Raised |
| Nov 4, 2024 | Oil production - MBO/d | Q4 FY2024 | 470 – 475 | New |
| Nov 4, 2024 | Production and ad valorem taxes (% of revenue) | Q4 FY2024 | 7% | New |
| Nov 4, 2024 | Corporate tax rate (% of pre-tax income) | Q4 FY2024 | 23% | Raised |
| Nov 4, 2024 | Cash tax rate (% of pre-tax income) | Q4 FY2024 | 15% – 18% | Lowered |
| Nov 4, 2024 | Lease operating expenses, including workovers | Q4 FY2024 | $6 – $6 | New |
| Nov 4, 2024 | Cash G&A | Q4 FY2024 | $1 – $1 | Lowered |
| Nov 4, 2024 | Non-cash equity-based compensation | Q4 FY2024 | $0 – $0 | Lowered |
| Nov 4, 2024 | DD&A | Q4 FY2024 | $14 – $15 | Raised |
| Nov 4, 2024 | Interest expense (net of interest income) | Q4 FY2024 | $0 – $1 | Lowered |
| Nov 4, 2024 | Gathering, processing and transportation | Q4 FY2024 | $2 – $2 | Raised |
| Nov 4, 2024 | Cash taxes ($ - million) | Q4 FY2024 | $240.00M – $300.00M | Raised |
| Nov 4, 2024 | Net production - MBOE/d | FY2024 | 587 – 590 | New |
| Nov 4, 2024 | Oil production - MBO/d | FY2024 | 335 – 337 | Lowered |
| Oct 1, 2024 | cash CAPEX | Q3 FY2024 | $675.00M – $700.00M | Raised |
| Oct 1, 2024 | oil production | Q3 FY2024 | 319 – 321 | New |
| Oct 1, 2024 | production | Q3 FY2024 | 565 – 569 | Raised |
| Aug 5, 2024 | Q3 2024 Capital expenditures | Q3 FY2024 | $570.00M – $610.00M | New |
| Aug 5, 2024 | 2024 Total capital expenditures | FY2024 | $2.35B – $2.45B | Narrowed |
| Apr 30, 2024 | Capital expenditures | Q2 FY2024 | $580.00M – $620.00M | New |
| Apr 30, 2024 | Total capital expenditures | FY2024 | $2.30B – $2.55B | Reaffirmed |
| Feb 20, 2024 | cash capital expenditures | Q1 FY2024 | $580.00M – $620.00M | New |
| Feb 20, 2024 | cash capital expenditures | FY2024 | $2.30B – $2.55B | New |
| Nov 6, 2023 | Q4 2023 Capital expenditures | Q4 FY2023 | $610.00M – $650.00M | New |
| Nov 6, 2023 | 2023 Capital expenditures | FY2023 | $2.66B – $2.70B | Raised |
| Jul 31, 2023 | Q3 2023 Capital expenditures | Q3 FY2023 | $650.00M – $700.00M | New |
| Jul 31, 2023 | 2023 Capital expenditures | FY2023 | $2.60B – $2.68B | Narrowed |
| Jul 31, 2023 | Q3 2023 oil production - MBO/d | Q3 FY2023 | 262 – 265 | New |
| Jul 31, 2023 | Q3 2023 total production - MBOE/d | Q3 FY2023 | 440 – 445 | Raised |
| Jul 31, 2023 | Q3 2023 Cash taxes ($ - million) | Q3 FY2023 | $140.00M – $180.00M | New |
| Jul 31, 2023 | Gross horizontal wells drilled (net) | FY2023 | 335 – 350 | New |
| Jul 31, 2023 | Gross horizontal wells completed (net) | FY2023 | 330 – 345 | Lowered |
| Jul 31, 2023 | Net production - MBOE/d | FY2023 | 435 – 445 | New |
| Jul 31, 2023 | Oil production - MBO/d | FY2023 | 260 – 262 | Lowered |
| Jul 31, 2023 | Average lateral length (Ft.) | FY2023 | 10,800 | Raised |
| Jul 31, 2023 | Production and ad valorem taxes (% of revenue) | FY2023 | 8% | New |
| Jul 31, 2023 | Corporate tax rate (% of pre-tax income) | FY2023 | 23% | Raised |
| Jul 31, 2023 | Cash tax rate (% of pre-tax income) | FY2023 | 10% – 15% | Lowered |
| Jul 31, 2023 | Midland Basin net lateral feet (%) | FY2023 | 85% | Raised |
| Jul 31, 2023 | Delaware Basin net lateral feet (%) | FY2023 | 15% | Lowered |
| Jul 31, 2023 | Lease operating expenses, including workovers | FY2023 | $5 – $5 | New |
| Jul 31, 2023 | Cash G&A | FY2023 | $1 – $1 | Lowered |
| Jul 31, 2023 | Non-cash equity-based compensation | FY2023 | $0 – $0 | Lowered |
| Jul 31, 2023 | DD&A | FY2023 | $10 – $11 | Raised |
| Jul 31, 2023 | Interest expense (net of interest income) | FY2023 | $1 – $1 | Lowered |
| Jul 31, 2023 | Gathering and transportation | FY2023 | $2 – $2 | Raised |
| Jul 31, 2023 | Drilling, completion, capital workovers, and non-operated properties | FY2023 | $2.33B – $2.37B | Raised |
| Jul 31, 2023 | Midstream (ex. equity method investments) | FY2023 | $100.00M – $120.00M | Lowered |
| Jul 31, 2023 | Infrastructure and environmental | FY2023 | $170.00M – $190.00M | Raised |
| Jul 31, 2023 | FY 2023 Midland Basin well costs per lateral foot | FY2023 | $620 – $680 | Lowered |
| Jul 31, 2023 | FY 2023 Delaware Basin well costs per lateral foot | FY2023 | $900 – $1.00K | Raised |
| May 1, 2023 | Q2 2023 Capital expenditures | Q2 FY2023 | $675.00M – $725.00M | New |
| May 1, 2023 | 2023 Capital expenditures | FY2023 | $2.50B – $2.70B | Reaffirmed |
| Feb 21, 2023 | cash CAPEX | Q1 FY2023 | $625.00M – $675.00M | New |
| Feb 21, 2023 | cash CAPEX | FY2023 | $2.50B – $2.70B | New |
| Nov 7, 2022 | Capital expenditures | Q4 FY2022 | $540.00M – $555.00M | New |
| Nov 7, 2022 | Capital expenditures | FY2022 | $1.94B – $1.95B | Raised |
| Nov 7, 2022 | Oil production | Q4 FY2022 | 224 – 228 | New |
| Nov 7, 2022 | Cash taxes | Q4 FY2022 | $145.00M – $175.00M | New |
| Nov 7, 2022 | Net production | FY2022 | 385 – 386 | Lowered |
| Nov 7, 2022 | Oil production | FY2022 | 223 – 224 | Lowered |
| Nov 7, 2022 | Production and ad valorem taxes | FY2022 | 7% | Lowered |
| Nov 7, 2022 | Corporate tax rate | FY2022 | 23% | Raised |
| Nov 7, 2022 | Cash tax rate | FY2022 | 10% – 15% | Lowered |
| Nov 7, 2022 | Lease operating expenses, including workovers | FY2022 | $5 – $5 | Lowered |
| Nov 7, 2022 | Cash G&A | FY2022 | $1 – $1 | Lowered |
| Nov 7, 2022 | Non-cash equity-based compensation | FY2022 | $0 – $1 | Lowered |
| Nov 7, 2022 | DD&A | FY2022 | $9 – $10 | Raised |
| Nov 7, 2022 | Interest expense (net of interest income) | FY2022 | $1 – $1 | Lowered |
| Nov 7, 2022 | Gathering and transportation | FY2022 | $2 – $2 | Raised |
| Aug 1, 2022 | Q3 2022 Capital expenditures | Q3 FY2022 | $470.00M – $510.00M | New |
| Aug 1, 2022 | 2022 Capital expenditures | FY2022 | $1.82B – $1.90B | Raised |
| May 2, 2022 | Q2 2022 Capital expenditures | Q2 FY2022 | $435.00M – $475.00M | New |
| May 2, 2022 | 2022 Capital expenditures | FY2022 | $1.75B – $1.90B | Reaffirmed |
| May 2, 2022 | Q2 2022 oil production - MBO/d | Q2 FY2022 | 218 – 222 | New |
| May 2, 2022 | total - MBOE/d | Q2 FY2022 | 369 – 376 | Raised |
| May 2, 2022 | Gross horizontal wells drilled | FY2022 | 270 – 290 | New |
| May 2, 2022 | Gross horizontal wells completed | FY2022 | 260 – 280 | Lowered |
| May 2, 2022 | Total net production – MBOE/d | FY2022 | 369 – 376 | New |
| May 2, 2022 | Oil production – MBO/d | FY2022 | 218 – 222 | Lowered |
| May 2, 2022 | Average lateral length (Ft.) | FY2022 | 10,200 | Raised |
| May 2, 2022 | cash tax rate | FY2022 | 10% – 15% | New |
| May 2, 2022 | Production and ad valorem taxes (% of revenue) | FY2022 | 7% – 8% | Lowered |
| May 2, 2022 | Corporate tax rate (% of pre-tax income) | FY2022 | 23% | Raised |
| May 2, 2022 | Midland Basin net lateral feet (%) | FY2022 | 80% | Raised |
| May 2, 2022 | Delaware Basin net lateral feet (%) | FY2022 | 20% | Lowered |
| May 2, 2022 | Lease operating expenses, including workovers | FY2022 | $4 – $5 | New |
| May 2, 2022 | Cash G&A | FY2022 | $1 – $1 | Lowered |
| May 2, 2022 | Non-cash equity-based compensation | FY2022 | $0 – $1 | Lowered |
| May 2, 2022 | DD&A | FY2022 | $9 – $10 | Raised |
| May 2, 2022 | Interest expense (net of interest income) | FY2022 | $1 – $1 | Lowered |
| May 2, 2022 | Gathering and transportation | FY2022 | $2 – $2 | Raised |
| May 2, 2022 | Drilling, completion, capital workovers, and non-operated properties | FY2022 | $1.56B – $1.67B | Raised |
| May 2, 2022 | Midstream (ex. equity method investments) | FY2022 | $80.00M – $100.00M | Lowered |
| May 2, 2022 | Infrastructure and environmental | FY2022 | $110.00M – $130.00M | Raised |
| May 2, 2022 | Midland Basin well costs per lateral foot | FY2022 | $520 – $580 | Lowered |
| May 2, 2022 | Delaware Basin well costs per lateral foot | FY2022 | $700 – $780 | Raised |
| Feb 22, 2022 | cash CAPEX | Q1 FY2022 | $435.00M – $475.00M | New |
| Feb 22, 2022 | cash CAPEX | FY2022 | $1.75B – $1.90B | New |
| Feb 22, 2022 | Free Cash Flow | FY2022 | $4.00B | New |
| Nov 1, 2021 | cash CAPEX | Q4 FY2021 | $435.00M – $475.00M | New |
| Nov 1, 2021 | cash CAPEX | FY2021 | $1.49B – $1.53B | New |
Read from the company's earnings releases; each figure links to its sentence on hover. “Raised” and “Lowered” compare with the previous range for the same metric and period.
Press releases
Releases Diamondback Energy filed with the SEC as exhibits to Form 8-K or 6-K
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- News
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