Diamondback Ener Stock Price, News & Analysis

Diamondback Energy (NASDAQ: FANG) reported third quarter 2025 results for the period ended September 30, 2025 with key metrics: average oil production 503.8 MBO/d (942.9 MBOE/d), net cash from operations $2.4B, Free Cash Flow $1.8B and cash capital expenditures $774M. The Board declared a $1.00 base cash dividend payable November 20, 2025 and repurchased ~4.29M shares for ~$603M in Q3.

Recent asset divestitures generated upfront proceeds of $694M and $504M with additional contingent consideration potential. Full‑year 2025 guidance was raised to 495–498 MBO/d oil and 910–920 MBOE/d with total capex narrowed to $3.45–$3.55B.

Deep Blue Midland Basin has completed its acquisition of Environmental Disposal Systems (EDS) from Diamondback Energy (NASDAQ:FANG). The transaction includes $695 million in upfront cash and potential additional earnouts of up to $200 million through 2028.

Deep Blue, formed in 2023 as a joint venture between Diamondback and Five Point Infrastructure, operates the largest independent water infrastructure platform in the Midland Basin, with nearly 2,000 miles of pipeline. To fund the acquisition, Deep Blue secured a $950 million seven-year senior secured term loan B facility and received corporate ratings of BB- from Fitch and S&P, and Ba3 from Moody's.

Diamondback Energy (NASDAQ: FANG), an independent oil and natural gas company, has scheduled its third quarter 2025 financial results announcement for November 3, 2025, after market close.

The company will host a conference call and webcast for investors and analysts on November 4, 2025, at 8:00 a.m. CT. The live webcast and replay will be accessible through Diamondback's website under the "Investor Relations" section.

Headquartered in Midland, Texas, Diamondback Energy focuses on unconventional, onshore oil and natural gas operations in the Permian Basin region.

Diamondback Energy (NASDAQ:FANG) has announced the sale of its 27.5% equity interest in EPIC Crude Holdings, LP to Plains All American Pipeline subsidiary for approximately $500 million in upfront cash. The deal includes an additional $96 million contingent payment if EPIC Crude's capacity expansion is approved by 2027.

The transaction values EPIC Crude at $2.85 billion, with a $350 million contingent consideration component. The deal is expected to close by early 2026, subject to regulatory approvals. Diamondback will maintain its position as an anchor shipper on the EPIC Crude pipeline.

Diamondback Energy (NASDAQ: FANG) has agreed to sell Environmental Disposal Systems (EDS) to Deep Blue Midland Basin LLC for $750 million. The transaction includes $675 million in upfront cash and potential earnouts of up to $200 million through 2028. Diamondback will maintain a 30% equity stake in Deep Blue and renewed a 15-year dedication agreement for water services.

Post-acquisition, Deep Blue's infrastructure will include 1.2 million barrels per day of treatment capacity, 1.6 million barrels per day of water gathered, 1,871 miles of pipeline, and 3.4 million barrels per day of disposal capacity across 783,000 dedicated acres. This acquisition doubles Deep Blue's scale, making it the Midland Basin's largest independent water infrastructure platform.

Diamondback Energy (NASDAQ: FANG) announced the completion of its subsidiary Viper Energy's acquisition of Sitio Royalties. Following the acquisition, Diamondback has revised its Q3 2025 production guidance upward, incorporating 43 days of contribution from Sitio assets starting August 19.

The updated Q3 2025 guidance shows Diamondback's net production increasing to 908-938 MBOE/d (from 890-920) and oil production rising to 494-504 MBO/d (from 485-495). Viper Energy's guidance projects net production of 104.0-110.0 MBOE/d and oil production of 54.5-57.5 MBO/d. Full-year 2025 guidance will be provided with Q3 earnings in November.

Diamondback Energy (NASDAQ:FANG) issued a comprehensive stockholder letter alongside Q2 2025 earnings, announcing significant operational and financial updates. The company reported Q2 oil production of 496 MBO/d and generated $1.7 billion in operating cash flow with $1.2 billion in Free Cash Flow.

Key developments include a further $100 million reduction in 2025 capital budget to $3.4-3.6 billion, rig count reduction from 17 to 13, and narrowed annual oil production guidance to 485-492 MBO/d. The company returned $691 million to stockholders through dividends and share repurchases, while maintaining operational excellence with record-low drilling times and completion efficiency.

The Board approved a $2.0 billion increase to share repurchase authorization, bringing the total to $8.0 billion. The company also announced $268 million in non-core asset sales, progressing toward its $1.5 billion divestiture target.

Diamondback Energy (NASDAQ:FANG) reported strong Q2 2025 financial results with average oil production of 495.7 MBO/d and operating cash flow of $1.7 billion. The company generated $1.2 billion in Free Cash Flow and returned $691 million to shareholders through dividends and share repurchases.

Key highlights include a $2.0 billion increase to the share repurchase authorization, bringing it to $8.0 billion, and a declared Q2 2025 base dividend of $1.00 per share. The company narrowed its 2025 oil production guidance to 485-492 MBO/d and lowered capital expenditure guidance to $3.4-$3.6 billion, representing a 13% reduction from original guidance.

Sitio Royalties (NYSE: STR) has revised its second quarter 2025 earnings release date to Monday, August 4, 2025, after NYSE trading hours. Due to the pending merger with Viper Energy (NASDAQ:VNOM), the company will not host a conference call.

Sitio, focused on large-scale consolidation of oil & gas mineral and royalty interests across premium basins, has built a portfolio of over 270,000 NRAs through more than 200 acquisitions. The company emphasizes shareholder returns through cash flow generation from operations.