other material
confidence high
sentiment neutral
materiality 0.35
Diamondback Q4 2023 realized oil $76.42/bbl; derivative net cash loss $48M
Diamondback Energy, Inc.
- Q4 avg unhedged realized prices: oil $76.42/bbl, nat gas $1.29/Mcf, NGLs $19.96/bbl.
- Q4 cash settlements on derivatives: net loss of $48M ($21M commodity, $27M interest rate); non-cash gain of $147M.
- Q4 weighted avg basic and diluted shares: 178.8M.