Diamondback announces Q1 2026 financial results
Reports 521 MBO/d oil production, $1.8B operating cash flow, increases dividend to $1.10/share, and raises 2026 production guidance to 520+ MBO/d.
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Independent oil and natural gas company
diamondbackenergy.comLast updated
In short: Diamondback reported strong 2026 financial results, increased production guidance, and completed several strategic divestments and tenders.
Reports 521 MBO/d oil production, $1.8B operating cash flow, increases dividend to $1.10/share, and raises 2026 production guidance to 520+ MBO/d.
$777 million in 2051 and 2052 Notes tendered. Offers expired April 10, 2026; settlement expected April 13.
Offers target 4.400% Notes due 2051 at $825.60 and 4.250% Notes due 2052 at $802.42 per $1,000 principal. Offers expire April 10, 2026.
Offers target any and all of 4.400% Senior Notes due 2051 and 4.250% Senior Notes due 2052. Expiration is April 10, 2026.
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