---
schema_version: "secwatch.filing_event.v1"
accession: "0001539838-26-000070"
form_type: "8-K"
ticker: "FANG"
cik: "0001539838"
company_name: "Diamondback Energy, Inc."
filed_at: "2026-04-13T23:59:59+00:00"
generated_at: "2026-05-15T06:34:50.856562+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Diamondback Q1 2026 realized prices: oil $73.47/bbl, gas $0.18/Mcf; derivative cash gain $133M

## Summary
- Average unhedged oil price $73.47/bbl, NGL $16.68/bbl, natural gas $0.18/Mcf for Q1 2026.
- Hedged prices: oil $72.53/bbl, gas $1.90/Mcf, NGL $16.68/bbl.
- Anticipated net cash gain on derivative settlements $133M; non-cash loss $16M.
- Weighted average basic shares outstanding 282.8 million for Q1 2026.

## SEC filing metadata
- accession: 0001539838-26-000070
- form_type: 8-K
- ticker: FANG
- cik: 0001539838
- company_name: Diamondback Energy, Inc.
- filed_at: 2026-04-13T23:59:59+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/1539838/000153983826000070/0001539838-26-000070-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1539838/000153983826000070/fang-20260413.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001539838-26-000070
- JSON: https://secwatch.observer/filing/0001539838-26-000070.json
- Plain text: https://secwatch.observer/filing/0001539838-26-000070.txt

## Key facts
- Earnings Releases
  Diamondback Energy, Inc. reported financial results for the quarter ended March 31, 2026.
  - Period: the quarter ended March 31, 2026
  - Result: reported results
  source text: Diamondback Energy, Inc. (“Diamondback”) presents in this Item 2.02 certain information for the quarter ended March 31, 2026 regarding its realized prices, derivative activity and weighted average basic and diluted shares outstanding.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1539838/000153983826000070/0001539838-26-000070-index.htm

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