Diamondback Energy (NASDAQ: FANG) disclosed preliminary financial data for the third quarter ended September 30, 2026, covering realized commodity prices, derivative activity, and share counts.

The company reported average unhedged realized prices of $87.30 per barrel of oil, $1.12 per Mcf of natural gas, and $20.02 per barrel of natural gas liquids. After accounting for hedging activity, average realized prices were $85.89 per barrel of oil and $0.90 per Mcf of natural gas, with NGL prices unchanged at $20.02 per barrel.

Diamondback anticipates a net loss on cash settlements for commodity derivative instruments of $97 million for the quarter, along with a net non-cash loss on derivative instruments of $85 million, bringing the total net loss on commodity contracts to $182 million.

Basic and diluted weighted average shares outstanding for the third quarter were both 279,959 thousand shares.