Diamondback Energy (NASDAQ: FANG) reported Q4 EPS of $1.74, $0.67 worse than the analyst estimate of $2.41. Revenue for the quarter came in at $3.38 billion versus the consensus estimate of $3.43 billion.

2026 GUIDANCE HIGHLIGHTS :-

Full year 2026 oil production guidance of 500 - 510 MBO/d (926 - 962 MBOE/d)
Full year 2026 cash capital expenditures guidance of $3.6 - $3.9 billion. Includes approximately $100 - $150 million of capital for exploratory development in the Barnett / Woodford and multiple tests to increase oil recoveries from the existing asset base
The Company expects to complete between 5.9 - 6.3 million net lateral feet in 2026
Q1 2026 oil production guidance of 502 - 512 MBO/d (930 - 966 MBOE/d)
Q1 2026 cash capital expenditures guidance of $900 million - $975 million

For earnings history and earnings-related data on Diamondback Energy (FANG) click here.