Diamondback Energy, Inc. Announces Second Quarter 2018 Financial and Operating Results and Announces Accretive Acquisition

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Viper Energy (VNOM) Tops Q2 EPS; Raises Production Guidance

August 8, 2018 4:48 PM EDT

Viper Energy (NASDAQ: VNOM) reported Q2 EPS of $1.35, which may not compare to the analyst estimate of $0.40.

GUIDANCE

Raising full year 2018 production guidance to 16,500 to 17,000 boe/d (70% - 73% oil), up 5% from previous full year 2018 guidance and implies 52% annualized growth over full year 2017... More

Diamondback Energy (FANG) Misses Q2 EPS by 4c, Revenues Beat

August 8, 2018 4:04 PM EDT

Diamondback Energy (NASDAQ: FANG) reported Q2 EPS of $1.59, $0.04 worse than the analyst estimate of $1.63. Revenue for the quarter came in at $526.27 million versus the consensus estimate of $479.13 million.

Q2 2018 net income of $219 million, or $2.22 per diluted share; adjusted net income (as defined and reconciled below) of $158 million, or $1.59 per diluted shareQ2 2018 production of 112.6 Mboe/d (73% oil), up 10% over Q1 2018 and 46% year over yearIncreasing pro forma full year 2018 production guidance range to 115.0 119.0 Mboe/d, up 4% from prior guidance midpoint; implies over 45% annualized growth at the midpoint from full year 2017 average daily... More