Form 8-K · Current Report · Filed 2026-07-13
Diamondback Energy Reports Second Quarter 2026 Financial Results
Diamondback Energy, Inc. reported its financial results for the second quarter of 2026, disclosing average realized prices for oil, natural gas, and natural gas liquids, as well as derivative activity and weighted average shares outstanding. The company reported an average unhedged realized price of $96.82 per barrel of oil, $(2.15) per Mcf of natural gas, and $18.56 per barrel of natural gas liquids. The average realized hedged prices were $94.33 per barrel of oil, $(0.34) per Mcf of natural gas, and $18.56 per barrel of natural gas liquids. Diamondback also reported a net gain on cash settlements for derivative instruments of $113 million and a net non-cash loss on derivative instruments of $64 million. The basic and diluted weighted average shares outstanding for the quarter were 281,202 thousand.
- Filer
- Diamondback Energy Inc. FANG · NASDAQ
- Filed
- Accession
- 0001539838-26-000134
- CIK
- 0001539838
- Signal
- Low impactEnergy
- Source
- Official filing on sec.gov ↗
Items reported
Reported Item
Market reaction
Close before filing
$183.39
Next session
+4.0%
Since filing
+10.7%
Latest close
$202.95
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from FANG reporting the same item, with the next session's move:
Insider tape
Within 45 days of this filing, FANG insiders reported 13 Form 4 transactions — net selling of $4.1B.
About Diamondback Energy Inc.
Diamondback Energy Inc. is a publicly traded company that engages in the acquisition, development, exploration, and exploitation of unconventional, onshore oil and natural gas reserves in the Permian Basin of West Texas. Its primary function is to extract hydrocarbon resources, which includes both crude oil and natural gas, through advanced drilling and recovery techniques. Diamondback Energy leverages its extensive portfolio of assets across the prolific Permian Basin, which is renowned for its rich oil and gas deposits and low-cost production benefits. The company plays a significant role in the energy sector by providing essential natural resources that fuel modern economies. Its strategic focus on high-margin assets and efficient operational practices make it a notable player in the United States energy market. Diamondback's operations impact sectors involved in energy supply, industrial production, and transportation. Headquartered in Midland, Texas, Diamondback Energy is committed to sustainable growth and maximizing shareholder value, ensuring its ongoing contribution to the energy landscape and the broader commodities market.
Never miss another FANG filing
Profitelligence watches EDGAR around the clock and alerts you within seconds.