Form 8-K · Current report

Diamondback Energy 8-K, filed Oct 8, 2026

Filed
CIK
0001539838
Accession no.
0001539838-26-000177
AI-generated summary

Summary

Diamondback Energy (FANG) reported third-quarter 2026 average unhedged realized prices of $87.30 per barrel of oil, $1.12 per Mcf of natural gas, and $20.02 per barrel of NGLs, with hedged prices of $85.89 per barrel of oil, $0.90 per Mcf of natural gas, and $20.02 per barrel of NGLs. Diamondback anticipates a $97 million net cash loss on derivative settlements and an $85 million net non-cash derivative loss for the quarter, with basic and diluted weighted average shares outstanding of 279.959 million.

Key points

  • Third-quarter 2026 average unhedged realized prices were $87.30 per barrel of oil, $1.12 per Mcf of natural gas, and $20.02 per barrel of NGLs.
  • Hedged realized prices were $85.89 per barrel of oil, $0.90 per Mcf of natural gas, and $20.02 per barrel of NGLs.
  • Diamondback anticipates a $97 million net cash loss on commodity derivative settlements and an $85 million net non-cash derivative loss for the third quarter of 2026.
  • Basic and diluted weighted average shares outstanding were 279,959 thousand for the third quarter of 2026.

Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.

Items reported

  • 2.02Results of Operations and Financial Condition

From the filing

Item 2.02. Results of Operations and Financial Condition. Diamondback Energy, Inc. (“Diamondback”) presents in this Item 2.02 certain information for the quarter ended September 30, 2026 regarding its realized prices, derivative activity and weighted average basic and diluted shares outstanding. Realized Prices Third quarter 2026 average unhedged realized prices were $87.30 per barrel of oil, $1.12 per Mcf of natural gas and $20.02 per barrel of natural gas liquids (“NGLs”). Third quarter 2026 average realized hedged prices were $85.89 per barrel of oil, $0.90 per Mcf of natural gas and $20.02 per barrel of NGLs. …

An excerpt of the text as filed with the SEC, cut for length.

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