Diamondback Energy (FANG) Provides First Quarter Update and Announces Revised 2021 Guidance
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Diamondback Energy, Inc. Provides First Quarter Update and Announces Revised 2021 Guidance
April 12, 2021 4:01 PM EDTMIDLAND, Texas, April 12, 2021 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (Diamondback or the Company) today provided an operational update for the first quarter of 2021 and announced revised full year 2021 guidance.
FIRST QUARTER 2021 UPDATE
Q1 2021 average production of 184.2 MBO/d (307.4 MBOE/d)Q1 2021 average unhedged realized prices of $56.94 per barrel of oil, $22.94 per barrel of natural gas liquids and $3.05 per Mcf of natural gas, resulting in a total equivalent price of $42.36 per... More