other material
confidence high
sentiment neutral
materiality 0.50
Diamondback Q2 2024 realized oil $79.51/bbl unhedged, $78.55 hedged; net derivative cash outflow $28M
Diamondback Energy, Inc.
- Unhedged realized prices: oil $79.51/Bbl, gas $0.10/Mcf, NGLs $17.97/Bbl.
- Hedged realized prices: oil $78.55/Bbl, gas $1.03/Mcf, NGLs $17.97/Bbl.
- Derivative cash settlements net outflow $28M; non-cash net gain $46M; total gain $18M.
- Weighted average basic shares 178.36M for Q2 2024.
- Plans to exclude $25M loss on treasury locks from return of capital calculation.