Diamondback Energy(FANG) - 2024 Q4 - Earnings Call Presentation

Investor Presentation February 2025 1 Forward-Looking Statements and Non-GAAP Financial Measures Forward-Looking Statements Operating cash flow before working capital changes, which is a non-GAAP financial measure representing net cash provided by operating activities as determined under GAAP without regard to changes in operating assets and liabilities. The Company believes operating cash flow before working capital changes is a useful measure of an oil and gas company's ability to generate cash used to fu ...