Diamondback Energy (FANG) Misses Q4 EPS by 41c
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Diamondback Energy, Inc. Announces Fourth Quarter and Full Year 2018 Financial and Operating Results
February 19, 2019 4:01 PM ESTMIDLAND, Texas, Feb. 19, 2019 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (Diamondback or the Company) today announced financial and operating results for the fourth quarter and full year ended December 31, 2018.
2018 HIGHLIGHTS
Full year 2018 net income of $846 million, or $8.06 per diluted share; adjusted net income (as defined and reconciled below) of $615 million, or $5.87 per diluted share2018 production of 121.4 Mboe/d (73% oil) excluding the effect of the Energen acquisition, up 53% year over year and above the high-end of 2018 guidance rangeClosed the acquisition of Energen... More