---
schema_version: "secwatch.filing_event.v1"
accession: "0001539838-23-000126"
form_type: "8-K"
ticker: "FANG"
cik: "0001539838"
company_name: "Diamondback Energy, Inc."
filed_at: "2023-10-10T23:59:59+00:00"
generated_at: "2026-06-10T02:18:19.939914+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Diamondback Energy reports Q3 2023 realized oil price $81.57/bbl unhedged; derivative loss $24M

## Summary
- 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.

## SEC filing metadata
- accession: 0001539838-23-000126
- form_type: 8-K
- ticker: FANG
- cik: 0001539838
- company_name: Diamondback Energy, Inc.
- filed_at: 2023-10-10T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1539838/000153983823000126/0001539838-23-000126-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1539838/000153983823000126/fang-20231010.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001539838-23-000126
- JSON: https://secwatch.observer/filing/0001539838-23-000126.json
- Plain text: https://secwatch.observer/filing/0001539838-23-000126.txt

## Key facts
- Earnings Releases
  Diamondback Energy, Inc. reported financial results for quarter ended September 30, 2023.
  - Period: quarter ended September 30, 2023
  - Result: reported results
  source text: Diamondback Energy, Inc. (“Diamondback” or the “Company”) presents in this Item 2.02 certain information for the quarter ended September 30, 2023 regarding its derivative activity, realized prices, and weighted average basic and diluted shares outstanding.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1539838/000153983823000126/0001539838-23-000126-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.