---
schema_version: "secwatch.filing_event.v1"
accession: "0001539838-26-000134"
form_type: "8-K"
ticker: "FANG"
cik: "0001539838"
company_name: "Diamondback Energy, Inc."
filed_at: "2026-07-13T20:03:27+00:00"
generated_at: "2026-07-13T20:04:05.436525+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Diamondback Energy Q2 2026 realized oil price $96.82/bbl, net derivative gain $49M

## Summary
- Average unhedged realized oil price $96.82/bbl, natural gas $(2.15)/Mcf, NGLs $18.56/bbl.
- Hedged realized oil price $94.33/bbl, natural gas $(0.34)/Mcf, NGLs $18.56/bbl.
- Net cash gain on derivative settlements $113M; non-cash loss $64M; net derivative gain $49M.
- Weighted average basic and diluted shares outstanding 281.2 million for Q2 2026.

## SEC filing metadata
- accession: 0001539838-26-000134
- form_type: 8-K
- ticker: FANG
- cik: 0001539838
- company_name: Diamondback Energy, Inc.
- filed_at: 2026-07-13T20:03:27+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1539838/000153983826000134/0001539838-26-000134-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1539838/000153983826000134/fang-20260713.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001539838-26-000134
- JSON: https://secwatch.observer/filing/0001539838-26-000134.json
- Plain text: https://secwatch.observer/filing/0001539838-26-000134.txt

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