Diamondback outlines Q2 2026 earnings and 2026 guidance
The firm projects over $7.8 billion in annual free cash flow, maintains investment grade credit ratings, and authorizes a doubled $16 billion share buyback program.
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Independent Permian Basin oil and natural gas producer
diamondbackenergy.comLast updated
In short: Diamondback surpassed one million BOE/d, posted record Q2 earnings, raised 2026 guidance, and doubled its buyback.
The firm projects over $7.8 billion in annual free cash flow, maintains investment grade credit ratings, and authorizes a doubled $16 billion share buyback program.
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.
The company plans to release financial results on May 4, 2026, after market close. The call is on May 5, 2026, at 8:00 a.m. CT.
Selling Stockholder offers 11,000,000 shares; underwriters get 30-day option for 1,650,000 more. Diamondback receives no proceeds.
Diamondback Energy topped 1 million BOE/d, posted record quarterly revenue and earnings, raised guidance, and doubled its buyback, while analysts...
Diamondback Energy post Q2 earnings and revenue above analyst expectations; Shares edge lower...
Diamondback Energy (NASDAQ:FANG) reported second quarter 2026 net income attributable to the company of $1.88 billion, or $6.65 diluted EPS, on total revenues of $5.56...
Diamondback Energy (NASDAQ:FANG - Get Free Report) issued its quarterly earnings results on Monday. The oil and natural gas company reported $6.48 earnings per share...
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