Diamondback Energy (FANG) Tops Q2 EPS by 14c, Revenues Miss
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Diamondback Energy, Inc. Announces Second Quarter 2020 Financial and Operating Results
August 3, 2020 4:01 PM EDTMIDLAND, Texas, Aug. 03, 2020 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (Diamondback or the Company) today announced financial and operating results for the second quarter ended June 30, 2020.
SECOND QUARTER 2020 HIGHLIGHTS
Generated second quarter cash flow from operating activities of $324 million. Operating Cash Flow Before Working Capital Changes (as defined and reconciled below) was $390 millionQ2 2020 cash operating costs of $6.44 per BOE; including cash general and administrative ("G&A") expenses of $0.41 per BOE and lease operating expenses ("LOE") of $3.85 per BOEDeclared Q2 2020 cash dividend of $0.375 per... More