Diamondback Energy (FANG) Announced Q3 average production of 170.0 MBO/d
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Diamondback Energy, Inc. Provides Third Quarter Update
October 13, 2020 4:01 PM EDTMIDLAND, Texas, Oct. 13, 2020 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (Diamondback or the Company) today provided an operational update for the third quarter of 2020.
HIGHLIGHTS
Q3 2020 average production of 170.0 MBO/d (287.3 MBOE/d)Q3 2020 average realized hedged prices of $38.17 per barrel of oil, $12.09 per barrel of natural gas liquids and $0.95 per Mcf of natural gas, resulting in a total equivalent price of $26.22 per BOE; hedged pricing excludes $5.8 million of realized gains from the early termination of 6.55 MBO/d of Q4 2020 oil hedgesQ3 2020 average unhedged... More