earnings
confidence high
sentiment negative
materiality 0.60
Diamondback reports Q3 2024 realized oil price $73.13/bbl; natural gas negative ($0.26)/Mcf
Diamondback Energy, Inc.
2024-Q3 EPS reported
$12.00
revenue$7,355,000,000
- Unhedged realized prices: oil $73.13/Bbl, natural gas ($0.26)/Mcf, NGLs $17.70/Bbl.
- Hedged realized prices: oil $72.32/Bbl, natural gas $0.60/Mcf, NGLs $17.70/Bbl.
- Net cash paid on derivative settlements $4M; net non-cash derivative gain of $135M.
- Includes $37M loss on early termination of $300M of $1.2B interest rate swaps.
- Weighted average shares outstanding 204.7M (basic and diluted) for Q3 2024.