Diamondback Energy(US:FANG) ZACKS·2026-02-24 00:31Core Insights - Diamondback Energy (FANG) reported a revenue of $3.38 billion for the quarter ended December 2025, reflecting a 9% decrease year-over-year, while EPS was $1.74, down from $3.64 in the same quarter last year [1] - The revenue exceeded the Zacks Consensus Estimate of $3.15 billion by 7.01%, but the EPS fell short of the consensus estimate of $1.88 by 7.2% [1] Financial Performance - The average daily production was 969,120 BOE/D, surpassing the analyst estimate of 951,118.10 BOE/D [4] - Total production volumes included 21,684 MBBL of natural gas liquids, 121,805 MMcf of natural gas, and 47,174 MBBL of oil, all exceeding analyst estimates [4] - Revenue from oil, natural gas, and natural gas liquids was reported at $3.03 billion, slightly above the $3.02 billion estimate, but represented a 12.6% decline year-over-year [4] Price Metrics - Average prices for oil were reported at $58, compared to the analyst estimate of $56.62, while natural gas liquids were priced at $13.51, below the estimate of $14.14 [4] - Average price for hedged natural gas was $1.03 per thousand cubic feet, lower than the estimated $1.12 [4] Stock Performance - Diamondback's shares have returned +14.3% over the past month, outperforming the Zacks S&P 500 composite's +1.8% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market [3]