Zmigrosky Matt sold $1.0M of FANG

Diamondback Energy held its Q2 2026 earnings call, saying it reduced net debt by $1.6 billion in the quarter and is producing about 4% above its original 2026 plan. Management cited “stacked innovation” for drilling and cost improvements, progress in the Barnett Shale, early EOR results, and a gas and power-related strategy. 2027 guidance points to low single-digit growth and flexible capital returns.

Diamondback Energy raised its 2025 full-year production forecast after crossing 1 million boe/d in Q2. It reported Q2 average 1.018 million boe/d, including 525,000 bpd oil. Full-year guidance is at least 1 million boe/d (from 972,000) and oil at least 522,000 bpd. Q2 net income was $1.88B ($6.65/share).

Diamondback Energy (FANG) reported Q2 CY2026 results. Revenue rose 51.2% year over year to $5.56 billion, beating Wall Street estimates by 13.5%, and non-GAAP profit was $6.48 per share, 8.3% above consensus. Free cash flow was $2.59 billion with a 46.6% margin. The stock fell 1.3% to $195.97 after the release.

Diamondback Energy, Inc. (FANG) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99.1 2 diamondbackex991-8x3x26.htm EX-99.1 Document Exhibit 99.1 DIAMONDBACK ENERGY, INC. ANNOUNCES SECOND QUARTER 2026 FINANCIAL AND OPERATING RESULTS Midland, TX (August 3, 2026) - Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback,” “we,” “our” or the “Company”) today an

US MBA mortgage applications fell -6.4% in the week ended July 24, with the purchase mortgage sub-index down -3.6% and the refinancing mortgage sub-index down -9.9%. The average 30-year fixed rate mortgage rose +7 bp to an 11.5-month high of 6.76% from 6.69% the prior week. The outlook for strong Q2 earnings, which continue this week, is a bullish factor for stocks.

Diamondback Energy reported Q1 2024 results, including revenue of about $2.5B, adjusted EPS around $4.50, and free cash flow near $1.0B, with Permian output averaging about 450,000 boe/d (+~10% YoY). The company also agreed to acquire Exxon Mobil’s Pioneer assets in an all-stock deal valued around $26B, targeting pro forma output above 600,000 boe/d.