Exhibit 99.1 DIAMONDBACK ENERGY, INC. ANNOUNCES FOURTH QUARTER AND FULL YEAR 2025 FINANCIAL AND OPERATING RESULTS; INCREASES BASE DIVIDEND Midland, TX (February 23, 2026) - Diamondback Energy, Inc. (NASDAQ: FANG) ("Diamondback," "we," "our" or the "Company") today announced financial and operating results for the fourth quarter and full year ended December 31, 2025. FOURTH QUARTER 2025 HIGHLIGHTS NON-GAAP DISCLOSURES 1 For a definition of Operating Cash Flow Before Working Capital Changes, Free Cash Flow, A ...

Diamondback Energy fell short of Wall Street expectations for fourth-quarter profit on Monday, as the U.S. shale producer struggled with weaker oil prices ...

MIDLAND, Texas, Feb. 23, 2026 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback,” “we,” “our” or the “Company”) today announced financial and operating results for the fourth quarter and full year ended December 31, 2025. FOURTH QUARTER 2025 HIGHLIGHTS Average oil production of 512.8 MBO/d (969.1 MBOE/d)Net cash provided by operating activities of $2.3 billion; Operating Cash Flow Before Working Capital Changes1 of $1.9 billionCash capital expenditures of $943 millionFree Cash Flow1 ...

Core Viewpoint - Analysts project that Diamondback Energy (FANG) will report quarterly earnings of $1.88 per share, reflecting a 48.4% decline year over year, with revenues expected to reach $3.15 billion, down 15% from the same quarter last year [1]. Earnings Estimates - The consensus EPS estimate has been revised 12.3% lower over the last 30 days, indicating a collective reevaluation by analysts [2]. - Revisions to earnings estimates are significant indicators for predicting investor actions regarding the stock, with empirical research showing a strong correlation between earnings estimate trends and short-term price performance [3]. Revenue Projections - Analysts estimate 'Revenues - Oil, natural gas and natural gas liquid' at $3.02 billion, a decrease of 12.9% from the prior-year quarter [5]. - 'Revenues - Other operating income' is forecasted to reach $24.12 million, indicating a 60.8% increase from the year-ago quarter [5]. Production Metrics - Average daily production is expected to be 951,118 barrels of oil equivalent per day, compared to 883,424 barrels in the same quarter last year [6]. - Total Production Volume - Natural gas is projected to reach 118,400.70 million cubic feet, up from 107,249.00 million cubic feet a year ago [9]. - Total Production Volume - Oil is estimated at 46,919 thousand barrels, compared to 43,785 thousand barrels in the previous year [9]. - Total Production Volume (Combined volumes) is expected to be 87,626 thousand barrels of oil equivalent, compared to 81,275 thousand barrels in the same quarter last year [10]. Price Estimates - Analysts predict 'Average Prices - Natural gas liquids, hedged' at $14 per barrel, down from $19 per barrel in the same quarter last year [7]. - 'Average Prices - Oil - hedged' is expected to be $57 per barrel, compared to $69 per barrel in the same quarter of the previous year [7][10]. - The consensus estimate for 'Average Prices - Natural gas liquids' is also $14 per barrel, down from $19 per barrel a year ago [8]. Market Performance - Diamondback shares have increased by 15.1% in the past month, contrasting with the Zacks S&P 500 composite's decline of 0.8% [10].

In the current session, the stock is trading at $173.09, after a 2.67% increase. Over the past month, Diamondback Energy Inc. (NASDAQ:FANG) stock increased by 13.13%, and in the past year, by 6.79%. With performance like this, long-term shareholders are optimistic but others are more likely to look into the price-to-earnings ratio to see if the stock might be overvalued.Comparing Diamondback Energy P/E Against Its PeersThe P/E ratio is used by long-term shareholders to assess the company's market performanc ...

Group 1: ETF Performance - The SPDR S&P Oil & Gas Exploration & Production ETF (XOP) trades at $147.89 as of February 13, 2026, with a year-to-date gain of 17.1% despite commodity headwinds [2][6] - The fund's 99.9% concentration in energy allows it to capture sector opportunities while mitigating single-company risk through diversification across upstream producers [4] Group 2: Company Performance - ConocoPhillips reported an adjusted EPS of $1.02 for Q4 2025, missing estimates as realized prices fell 19% year-over-year to $42.46 per barrel of oil equivalent [3][6] - Diamondback Energy exceeded Q3 2025 expectations with an EPS of $3.51, driven by strong operational performance in the Permian Basin [4][6] Group 3: Market Dynamics - WTI crude oil price peaked at $75.89 in June 2025 but retreated to $64.53 as of February 9, 2026, indicating margin pressures for producers [5][6] - The current WTI price is in a critical zone, maintaining profitability for efficient operators but below levels that would encourage aggressive capital deployment [5]

Core Viewpoint - Diamondback Energy (FANG) is expected to report fourth-quarter 2025 results on February 23, with a consensus estimate of $1.88 earnings per share and $3.2 billion in revenues, indicating a year-over-year decline in both metrics [1][3]. Group 1: Previous Quarter Performance - In the third quarter, Diamondback reported adjusted earnings per share of $3.08, exceeding the consensus estimate of $2.85, with revenues of $3.9 billion, surpassing expectations by 13.4% [2]. - The company has consistently beaten the Zacks Consensus Estimate in the last four quarters [3]. Group 2: Production and Financial Metrics - Diamondback holds over 850,000 net acres in the Delaware and Midland regions, with production exceeding 900,000 barrels of oil equivalent per day [4]. - The company’s average fourth-quarter production is projected to be 947,927.5 BOE/d, reflecting a 7.3% increase from the previous year [5]. - Despite a decline in oil prices, Diamondback expanded free cash flow per share by 15% in the first nine months of 2025, while maintaining a reinvestment rate of approximately 36% at $63 oil [6][8]. Group 3: Earnings Expectations - The earnings model indicates a likely earnings beat for Diamondback, supported by a positive Earnings ESP of +0.91% and a Zacks Rank of 3 [7][9]. - The consensus estimate for the fourth quarter shows a 48.4% decline in earnings year-over-year and a 14.8% decrease in revenues [3].

Core Insights - Diamondback Energy (FANG) has consistently surpassed earnings estimates, making it a strong candidate for investors looking for reliable performance in the energy sector [1][2]. Earnings Performance - In the last two quarters, Diamondback has exceeded earnings estimates by an average of 4.80% [2]. - For the most recent quarter, the expected earnings were $2.85 per share, but the company reported $3.08 per share, resulting in a surprise of 8.07% [3]. - In the previous quarter, the consensus estimate was $2.63 per share, while the actual earnings were $2.67 per share, leading to a surprise of 1.52% [3]. Earnings Estimates and Predictions - Recent estimates for Diamondback have been increasing, with a positive Zacks Earnings ESP (Expected Surprise Prediction) indicating a strong likelihood of another earnings beat [6][9]. - The current Earnings ESP for Diamondback is +0.91%, suggesting that analysts are optimistic about the company's earnings prospects [9]. - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) indicates a high probability of a positive earnings surprise, with historical data showing that nearly 70% of stocks with this combination beat consensus estimates [7][9]. Earnings ESP Explanation - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions [8]. - A positive Earnings ESP enhances the predictive power of earnings surprises, while a negative value can diminish it, although it does not necessarily indicate an earnings miss [10].

Core Viewpoint - Corporate earnings and geopolitical concerns have influenced investor sentiment, but dividend-paying stocks remain an attractive option for consistent income in a volatile market [1] Group 1: Viper Energy (VNOM) - Viper Energy, a subsidiary of Diamondback Energy, focuses on mineral and royalty interests in oil-weighted basins, primarily the Permian in West Texas, offering a dividend yield of 5.53% [3] - Analyst Leo Mariani from Roth Capital maintains a buy rating on VNOM with a price target of $48, citing its high organic growth rate, solid and growing dividend, and strong free cash flow even at lower oil prices [4] - Viper is expected to produce 66,552 barrels of oil per day in Q4 2025, slightly above estimates, with total production of 129,424 barrels of oil equivalent per day, also above consensus [4] - A cash distribution of $0.57 per share is anticipated for Q4 2025, reflecting a 2% decline, alongside an increase in share buybacks to $95 million [5] - Viper is considered more insulated from drilling cuts due to weak oil prices, as Diamondback operates 60% of its production, allowing for scaled-back activity outside VNOM's mineral acreage [6] Group 2: SLB (SLB) - SLB, an oilfield services provider, reported better-than-expected Q4 2025 results and announced a 3.5% increase in its quarterly cash dividend to $0.295 per share, resulting in a dividend yield of 2.41% [8] - Analyst Arun Jayaram from JPMorgan reiterated a buy rating on SLB, raising the price target to $54, noting that the company's 2026 guidance aligns with consensus expectations [9] - SLB is expected to benefit from growth in international markets, particularly in Latin America, the Middle East, and Asia, while facing a modest revenue decline in Europe and Africa [10] - The company anticipates generating approximately $4.2 billion in free cash flow in 2026 and returning nearly $4.3 billion to shareholders through dividends and buybacks [12] Group 3: EOG Resources (EOG) - EOG Resources offers a quarterly dividend of $1.02 per share, resulting in an annualized dividend yield of 3.68% [14] - Analyst Gabriele Sorbara from Siebert Williams Shank reaffirmed a buy rating on EOG with a price target of $150, expecting strong Q4 results in line with estimates [15] - EOG is projected to return at least 70% of free cash flow to shareholders annually, supported by strong free cash flow generation and a robust balance sheet [16] - The company plans opportunistic buybacks, with $4 billion available under an existing authorization, estimating $457.4 million in Q4 2025 share buybacks [17]

Core Viewpoint - Diamondback Energy (FANG) is a significant player in the oil and gas sector, known for its efficient operations and low production costs, which are vital in the context of crude oil price volatility [1]. Group 1: Stock Performance - On January 19, 2026, Jefferies set a new price target of $173 for FANG, indicating a potential increase of 14.36% from the current trading price of $151.28 [2]. - The current stock price of FANG is $151.28, reflecting a slight increase of 0.30% or $0.46, with a trading range today between $149.63 and $151.84 [3]. - Over the past year, FANG's stock has experienced significant volatility, ranging from a high of $180.29 to a low of $114 [3]. Group 2: Market Position and Capitalization - Diamondback's market capitalization is approximately $43.79 billion, highlighting its substantial presence in the oil industry [4]. - Despite challenges such as the potential drop in WTI crude oil prices to $50 per barrel, Diamondback remains a key player in the U.S. oil market [4]. Group 3: Trading Activity and Future Outlook - Today's trading volume for FANG is 2,249,285 shares, indicating strong investor interest [5]. - The company's focus on U.S. light oil demand positions it well for future growth, despite potential market challenges [6].