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Stock impact report

Diamondback signals 510,000 barrels/day oil production baseline for 2026 as efficiency initiatives advance [Seeking Alpha]

Diamondback Energy, Inc. - Commmon Stock (FANG) 
Last diamondback energy, inc. - commmon stock earnings: 2/18 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.diamondbackenergy.com
Company Research Source: Seeking Alpha
CEO Kaes Van't Hof stated that Diamondback remains committed to its disciplined approach, emphasizing, "We are focused on generating free cash flow per share, growing free cash flow per share over growing cash Quick Insights Diamondback Energy emphasizes generating and growing free cash flow per share through operational efficiency, reduced CapEx, noncore asset sales, and maintaining flexibility for macro changes. Diamondback plans to maintain a 510,000 barrels/day oil production baseline, transitioning to 505,000 after asset sales, with quarterly CapEx guidance of $875–$975 million, aligning with maintenance needs. Management considers reassessing and possibly deferring capital if oil prices drop into the $50s, relying on operational efficiencies, flexible CapEx, maintaining free cash flow, and prioritizing buybacks and debt reduction. More Trending News Show less Read more
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