Diamondback Energy reported Q4 earnings of $4.74 per share, $2.23B revenue, and exceeded production guidance.

Diamondback Energy reported better-than-expected Q4 earnings with adjusted earnings of $4.74 per share and revenue of $2.23 billion, up 9.75% from the same period last year. The company's oil and total production in Q4 were 273.1 MBO/d and 462.6 MBOE/d, respectively, exceeding its guidance ranges. Full-year oil production increased almost 18% year-over-year to approximately 263.5 MBO/d.

February 20, 2024
10 Articles

Further Reading