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0.0225255972696245 0.0225255972696245 0.00699658703071666 -0.0136518771331058 -0.00284414106939704 -0.00739476678043237 -0.00284414106939704 0.00108077360637086
Stock impact report

Diamondback Energy, Inc. Announces Third Quarter 2024 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, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or the “Company”) today announced financial and operating results for the third quarter ended September 30, 2024. THIRD QUARTER 2024 HIGHLIGHTS As previously announced, closed merger with Endeavor Energy Resources, L.P. ("Endeavor") on September 10, 2024Average production of 321.1 MBO/d (571.1 MBOE/d)Net cash provided by operating activities of $1.2 billion; Operating Cash Flow Before Working Capital Changes (as defined and reconciled below) of $1.4 billionCash capital expenditures of $688 millionFree Cash Flow (as defined and reconciled below) of $708 million; Adjusted Free Cash Flow (as defined and reconciled below) of $1.0 billionDeclared Q3 2024 base cash dividend of $0.90 per share payable on November 21, 2024; implies a 2.0% annualized yield based on November 1, 2024 closing share price of $175.81Repurchased 2,919,763 shares of common stock in Q3 2024 for $515 million, ex Show less Read more
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