---
schema_version: "secwatch.filing_event.v1"
accession: "0001539838-25-000141"
form_type: "8-K"
ticker: "FANG"
cik: "0001539838"
company_name: "Diamondback Energy, Inc."
filed_at: "2025-10-09T23:59:59+00:00"
generated_at: "2026-05-17T04:11:04.563610+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Diamondback Q3 2025 prelim: oil $64.60/bbl, NGL $17.28, derivative net cash gain $60M

## Summary
- Q3 2025 avg unhedged realized prices: oil $64.60/bbl, natural gas $0.75/Mcf, NGLs $17.28/bbl.
- Hedged realized oil price $63.70/bbl after including cash settlements on derivatives.
- Net cash gain on derivative settlements $60M; net non-cash derivative gain $60M.
- Includes $115M gain on commodity contracts, $3M on treasury locks, ($15M) on terminated swaps.
- Weighted avg basic & diluted shares 288.8M for Q3 2025.

## SEC filing metadata
- accession: 0001539838-25-000141
- form_type: 8-K
- ticker: FANG
- cik: 0001539838
- company_name: Diamondback Energy, Inc.
- filed_at: 2025-10-09T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1539838/000153983825000141/0001539838-25-000141-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1539838/000153983825000141/fang-20251009.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001539838-25-000141
- JSON: https://secwatch.observer/filing/0001539838-25-000141.json
- Plain text: https://secwatch.observer/filing/0001539838-25-000141.txt

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