Diamondback's (FANG) Q2 Earnings Preview: Things to Consider

Diamondback Energy (FANG) is set to release second-quarter 2024 results on Aug 5. The current Zacks Consensus Estimate for the to-be-reported quarter is a profit of $4.46 per share on revenues of $2 billion. Let's delve into the factors that might have influenced the Permian-focused oil and gas producer's performance in the June quarter. But it's worth taking a look at FANG's previous-quarter performance first. Highlights of Q1 Earnings & Surprise History In the last reported quarter, this Midland, TX-based ...