Diamondback Energy, Inc. Announces First Quarter 2023 Financial and Operating Results
Diamondback Energy, Inc. (FANG)
Last diamondback energy, inc. earnings: 2/18 04:01 pm
Check Earnings Report
US:NASDAQ Investor Relations:
ir.diamondbackenergy.com
Company Research
Source: GlobeNewswire
MIDLAND, Texas, May 01, 2023 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or the “Company”) today announced financial and operating results for the first quarter ended March 31, 2023. FIRST QUARTER 2023 HIGHLIGHTS Average production of 251.4 MBO/d (425.0 MBOE/d)Net cash provided by operating activities of $1.43 billion; Operating Cash Flow Before Working Capital Changes (as defined and reconciled below) of $1.30 billionCash capital expenditures of $657 millionFree Cash Flow (as defined and reconciled below) of $646 millionDeclared Q1 2023 base cash dividend of $0.80 per share and a variable cash dividend of $0.03 per share, in each case payable on May 18, 2023; implies a 2.3% annualized yield based on April 28, 2023 closing share price of $142.20Repurchased 2,530,646 shares of common stock in Q1 2023 for $332 million (at a weighted average price of $131.34/share); repurchased 511,200 shares of common stock to date in Q2 2023 for $72 million (at a weig
Show less
Read more
Impact Snapshot
Event Time:
FANG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
FANG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
FANG alerts
High impacting Diamondback Energy, Inc. news events
Weekly update
A roundup of the hottest topics
FANG
News
- Diamondback (FANG) Q1 Earnings Beat Estimates as Output Jumps [Yahoo! Finance]Yahoo! Finance
- Is Diamondback Energy (FANG) Stock Outpacing Its Oils-Energy Peers This Year? [Yahoo! Finance]Yahoo! Finance
- Analysis-Dealmakers eye all-stock deals as US rate cut hopes fade [Yahoo! Finance]Yahoo! Finance
- Analysis-Dealmakers eye all-stock deals as US rate cut hopes fade [Yahoo! Finance Canada]Yahoo! Finance Canada
- Dealmakers eye all-stock deals as US rate cut hopes fade [Reuters]Reuters
FANG
Earnings
- 4/30/24 - Beat
FANG
Sec Filings
- 5/7/24 - Form 4
- 5/3/24 - Form 144
- 5/2/24 - Form 10-Q
- FANG's page on the SEC website