Diamondback Energy announced robust third quarter 2026 results with average oil production of 525 MBO/d and net cash from operations of $2.6 billion. The company increased its annual base dividend by 7.3% to $4.72 per share and raised its 2026 oil production guidance to approximately 524 MBO/d. It also repurchased $251 million in shares and $106 million in senior notes, signaling strong financial health and shareholder returns. The company plans continued capital expenditures and production growth into Q4 2026.
Diamondback Energy shares are trading at USD 204.00 on Pluang as of Nov 03, 2026 04:11 WIB, down 3.81% in the last day. The stock's market capitalization stands at $59.39 billion, reflecting its significant presence in the energy sector. Dividend yield on Pluang is 2.07%, aligning with the company's recent dividend increase announcement.
Viper Energy, a Diamondback Energy subsidiary, reported $300 million net income for Q3 2026 with strong production growth and cash flow. The company completed the McElroy Ranch acquisition and plans to close the Buckhorn acquisition, expanding its mi...
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