Earnings ·
Diamondback Energy reports Q1 oil realized prices at $73.47 per barrel, NGLs at $16.68
FANGDiamondback Energy, Inc.
Diamondback Energy reported its first quarter 2026 operational results, detailing average unhedged realized prices for oil at $73.47 per barrel and natural gas liquids at $16.68 per barrel. Furthermore, the company anticipates a net gain on derivative cash settlements of $133 million, alongside a net non-cash loss of $16 million. These figures are critical for investors as they provide a comprehensive view of the company's commodity pricing performance and the financial impact of its hedging activities for the quarter.