Diamondback Energy (FANG) Tops Q3 EPS by 9c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Nasdaq futures drop over 2% on concerns over AI buildout costs, Fed rate outlook
- Nasdaq 100 set to shed over $1 trillion as tech selloff deepens; SpaceX slides
- Oil prices fall as investors focus on Hormuz flows after peace talks
- SpaceX slides, tech stocks dip — what’s moving markets
- Deutsche Bank cuts gold outlook as Fed repricing weighs on prices
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Diamondback Energy, Inc. Announces Third Quarter 2018 Financial and Operating Results
November 6, 2018 4:01 PM ESTMIDLAND, Texas, Nov. 06, 2018 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (Diamondback or the Company) today announced financial and operating results for the third quarter ended September 30, 2018.
THIRD QUARTER HIGHLIGHTS
Q3 2018 net income of $157 million, or $1.59 per diluted share; adjusted net income (as defined and reconciled below) of $165 million, or $1.67 per diluted shareQ3 2018 production of 123.0 Mboe/d (72% oil), up 9% over Q2 2018 and 45% year over yearIncreasing full year 2018 production guidance range to 118.5 119.5 Mboe/d, up 2% from prior guidance midpoint; implies 50% annualized growth at the midpoint from... More