---
schema_version: "secwatch.filing_event.v1"
accession: "0001539838-25-000120"
form_type: "8-K"
ticker: "FANG"
cik: "0001539838"
company_name: "Diamondback Energy, Inc."
filed_at: "2025-07-10T23:59:59+00:00"
generated_at: "2026-05-18T08:44:11.266105+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Diamondback Energy Q2 2025 realized oil $63.23/bbl; derivative loss $197M

## Summary
- Unhedged realized oil $63.23/bbl, natural gas $0.88/Mcf, NGL $18.13/bbl.
- Hedged realized oil $62.34/bbl, natural gas $1.45/Mcf.
- Net loss on derivative instruments of $197 million; net cash paid on settlements $37 million.
- Early termination of $450M notional interest rate swaps produced $52M realized loss.
- Weighted average basic and diluted shares outstanding 292.1 million.

## SEC filing metadata
- accession: 0001539838-25-000120
- form_type: 8-K
- ticker: FANG
- cik: 0001539838
- company_name: Diamondback Energy, Inc.
- filed_at: 2025-07-10T23:59:59+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/1539838/000153983825000120/0001539838-25-000120-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1539838/000153983825000120/fang-20250710.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001539838-25-000120
- JSON: https://secwatch.observer/filing/0001539838-25-000120.json
- Plain text: https://secwatch.observer/filing/0001539838-25-000120.txt

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