Exploring Analyst Estimates for Diamondback (FANG) Q1 Earnings, Beyond Revenue and EPS

Core Viewpoint - Analysts expect Diamondback Energy (FANG) to report quarterly earnings of $4.07 per share, reflecting a year-over-year decline of 9.6%, while revenues are projected to be $3.74 billion, an increase of 68.2% from the previous year [1] Revenue Estimates - Revenues from oil, natural gas, and natural gas liquids are anticipated to be $3.67 billion, indicating a year-over-year increase of 74.7% [4] - Oil sales revenues are expected to reach $3.03 billion, reflecting a year-over-year growth of 62.1% [4] - Natural gas liquid sales revenues are projected at $410.54 million, showing a significant year-over-year increase of 123.1% [4] - Natural gas sales revenues are estimated to be $243.41 million, representing a remarkable year-over-year change of 386.8% [5] Production Estimates - Average daily production is forecasted to be 855,303.90 BOE/D, compared to 461,110 BOE/D from the same quarter last year [5] - Total production volume for natural gas liquids is expected to be 17,430.23 MBBL, up from 8,653 MBBL in the same quarter last year [6] - Total production volume for oil is projected to reach 42,783.51 MBBL, compared to 24,874 MBBL reported in the same quarter last year [7] - Total production volume (combined volumes) is estimated at 76,894.90 MBOE, significantly higher than the year-ago figure of 41,961 MBOE [8] Price Estimates - Average prices for oil are expected to be $70.67 per barrel, down from $75.06 per barrel in the previous year [5] - Average prices for hedged oil are projected at $70.36 per barrel, compared to $74.13 per barrel last year [6] - Average prices for natural gas liquids are estimated at $23.27 per barrel, up from $21.26 per barrel in the same quarter of the previous year [7] - Average prices for hedged natural gas liquids are expected to be $22.61 per barrel, compared to $21.26 per barrel last year [8] Stock Performance - Over the past month, Diamondback shares have declined by 15.1%, while the Zacks S&P 500 composite has changed by -0.2% [8]