secwatch.observer — SEC 8-K summary
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Issuer:     Diamondback Energy, Inc. (FANG)
CIK:        0001539838
Form:       8-K
Filed at:   2026-10-08T20:01:20+00:00
Accession:  0001539838-26-000177
Event type: earnings
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.02
LLM model:  deepseek-v4.1-flash:cloud@v2

Diamondback Q3 2026 realized oil $87.30/Bbl unhedged, $85.89 hedged; $182M derivative loss
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1539838/000153983826000177/0001539838-26-000177-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1539838/000153983826000177/fang-20261008.htm
  HTML page:      https://secwatch.observer/filing/0001539838-26-000177

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer