Diamondback Energy, Inc. (NASDAQ:FANG) released its second-quarter results after Monday's closing bell. Here's a look at the details from the report.
FANG stock is moving. See the chart here.
The Details: Diamondback Energy reported quarterly earnings of $2.67 per share, which missed the analyst consensus estimate of $2.92
Quarterly revenue came in at $3.67 billion, which beat the Street estimate of $3.36 billion and is up from revenue of $2.48 billion from the same period last year.
Read Next: Opendoor Stock Soars As It Dodges Delisting, Cancels Reverse Split
Diamondback Energy reported:
- Average oil production of 495.7 MBO/d (919.9 MBOE/d).
- Net cash provided by operating activities of $1.7 billion; Operating Cash Flow Before Working Capital Changes (as defined and reconciled below) of $2.1 billion.
- Cash capital expenditures of $864 million.
- Adjusted Free Cash Flow of $1.3 billion.
Diamondback Energy will host a conference call to discuss the results on Tuesday at 9 a.m. ET.
FANG Price Action: According to data from Benzinga Pro, Diamondback Energy stock was down 1.68% at $145.30 in Monday's extended trading.
Read Next:
Photo: Shutterstock
© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
To add Benzinga News as your preferred source on Google, click here.

