Record Production Milestone
Average daily production reached 1,017.7 MBOE/d, surpassing the 1 million BOE/d threshold for the first time.
Diamondback Energy, Inc. is expected to release its Q3 2026 10-Q filing on November 2, 2026, after market close. Last quarter: Diamondback Energy achieved record production over 1 million BOE/d and saw net income surge to $1.9 billion in Q2 FY2026 on sharply higher oil prices and operational efficiencies.
EPS Estimate
$5.58
Revenue Estimate
$4.7B
Analyst consensus from Finnhub and Financial Modeling Prep. Actual results posted within minutes of the SEC filing on the FANG page.
Drawn from management commentary in the Q2 2026 10-Q:
Average daily production reached 1,017.7 MBOE/d, surpassing the 1 million BOE/d threshold for the first time.
Management raised full-year production guidance by 3% to approximately 1,000 MBOE/d, citing global oil supply constraints and improved operational efficiencies.
The company retired $828 million in senior notes and fully repaid its $550 million term loan, recording a $134 million gain on extinguishment.
Revenue
$5.56B
+51.22% YoY
EPS (Diluted)
$6.65
+179.41% YoY
Operating Income
$2.51B
+120.54% YoY
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