earnings
confidence high
sentiment neutral
materiality 0.50
Diamondback Q3 2026 realized oil $87.30/Bbl unhedged, $85.89 hedged; $182M derivative loss
Diamondback Energy, Inc.
- Q3 2026 average unhedged realized prices: oil $87.30 per Bbl, natural gas $1.12 per Mcf, NGLs $20.02 per Bbl.
- Q3 2026 average hedged realized prices: oil $85.89 per Bbl, natural gas $0.90 per Mcf, NGLs $20.02 per Bbl.
- Anticipates $97M net cash loss on settled commodity derivatives and $85M non-cash derivative loss in Q3 2026; total commodity contract loss $(182)M.
- Basic and diluted weighted average shares outstanding both 279,959 thousand for Q3 2026.
- Filing references recently completed dropdown of mineral and royalty interests to Viper Energy (VNOM) and Viper's completed Sitio acquisition.