earnings
confidence high
sentiment neutral
materiality 0.50
Diamondback Energy reports Q3 2023 realized oil price $81.57/bbl unhedged; derivative loss $24M
Diamondback Energy, Inc.
2023-Q3 EPS reported
$12.01
revenue$6,184,000,000
- Avg unhedged realized oil price $81.57/bbl, nat gas $1.62/Mcf, NGLs $21.02/bbl.
- Hedged oil price $80.51/bbl; net cash loss on commodity derivatives $24M.
- Non-cash derivative loss $52M; total derivative loss (incl. interest rate swaps) $76M.
- Weighted avg basic shares outstanding 178.9M for Q3 2023.