Diamondback Energy Inc.

Diamondback Stockholders, This letter is meant to be a supplement to our earnings release and is being furnished to the Securities and Exchange Commission and released to our stockholders simultaneously with our earnings release. Please see the information regarding forward-looking statements and non-GAAP financial information included at the end of this letter. Macro Update A couple of quarters ago, we began to tie the [...]

Diamondback Energy announced financial and operating results for the third quarter ended Sept 30, 2025. Average oil production of 503.8 MBO/d. Net cash provided by operating activities of $2.4 billion; Operating Cash Flow Before Working Capital Changes1 of $2.5 billion. Cash capital expenditures of $774 million. Free Cash Flow1 of $1.8 billion; Adjusted Free Cash Flow1 of $1.8 billion. Declared Q3 2025 base cash dividend [...]

Deep Blue Midland Basin LLC , the Midland Basin's largest independent water infrastructure platform, today announced the closing of its previously announced acquisition of Environmental Disposal Systems, LLC from Diamondback Energy Inc. . Deep Blue was formed in 2023 as a joint venture between Diamondback and Five Point Infrastructure. Diamondback maintained a 30% equity interest in Deep Blue and received approximately [...]

Diamondback Energy Inc. , today announced that it plans to release third quarter 2025 financial results on November 3, 2025 after the market closes. In connection with the earnings release, Diamondback will host a conference call and webcast for investors and analysts to discuss its results for the third quarter of 2025 on Tuesday, November 4, 2025 at 8:00 a.m. CT. Access to the live webcast, and replay which will be [...]

Diamondback and Five Point solidify Deep Blue's leadership as the Midland Basin's largest independent water infrastructure platform Acquisition doubles Deep Blue's scale, unlocks compelling operational and commercial synergies across integrated platform MIDLAND, Texas, Sept. 02, 2025 -- Deep Blue Midland Basin LLC , Diamondback Energy Inc. and Five Point Infrastructure LLC today announced an agreement for Deep Blue to [...]

Diamondback Energy Inc. today announced that its wholly owned subsidiaries have entered into a definitive agreement to sell their 27.5% equity interest in EPIC Crude Holdings, LP , an affiliate of EPIC Midstream Holdings LP, to a wholly owned subsidiary of Plains All American Pipeline, L.P. and Plains GP Holdings for approximately $500 million in net upfront cash and an additional $96 million contingent cash payment due [...]

Diamondback Energy Inc. today announced that its publicly traded subsidiary, Viper Energy, Inc. , has closed its previously announced acquisition of Sitio Royalties Corp. . Additionally, the Company announced revised Q3 2025 production guidance to give effect to the closing of the Sitio acquisition. Updated Third Quarter 2025 Production Guidance Diamondback has increased its third quarter 2025 production guidance to [...]

Diamondback Stockholders, This letter is meant to be a supplement to our earnings release and is being furnished to the Securities and Exchange Commission and released to our stockholders simultaneously with our earnings release. Please see the information regarding forward-looking statements and non-GAAP financial information included at the end of this letter. Before we begin, we are deeply saddened by the tragic Texas [...]

Diamondback Energy Inc. today announced financial and operating results for the second quarter ended June 30, 2025. SECOND QUARTER 2025 AND RECENT HIGHLIGHTS Average oil production of 495.7 MBO/d Net cash provided by operating activities of $1.7 billion; Operating Cash Flow Before Working Capital Changes of $2.1 billion Cash capital expenditures of $864 million Free Cash Flow of $1.2 billion; Adjusted Free Cash Flow of [...]

Diamondback Energy Inc. , today announced that it plans to release second quarter 2025 financial results on August 4, 2025 after the market closes. In connection with the earnings release, Diamondback will host a conference call and webcast for investors and analysts to discuss its results for the second quarter of 2025 on Tuesday, August 5, 2025 at 8:00 a.m. CT. Access to the live webcast, and replay which will be [...]