Viper Energy (VNOM) Tops Q4 EPS by 85c

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Diamondback Energy, Inc. Announces Fourth Quarter and Full Year 2021 Financial and Operating Results; Increases Dividend

February 22, 2022 4:01 PM EST

MIDLAND, Texas, Feb. 22, 2022 (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, 2021.

FOURTH QUARTER 2021 HIGHLIGHTS

Average production of 226.3 MBO/d (387.1 MBOE/d)Permian Basin production of 224.4 MBO/d (383.5 MBOE/d)Cash flow from operating activities of $1,167 million; Operating Cash Flow Before Working Capital Changes (as defined and reconciled below) of $1,206 millionCash capital expenditures of... More

Viper Energy Partners LP, A Subsidiary of Diamondback Energy, Inc., Reports Fourth Quarter and Full Year 2021 Financial and Operating Results

February 22, 2022 4:01 PM EST

MIDLAND, Texas, Feb. 22, 2022 (GLOBE NEWSWIRE) -- Viper Energy Partners LP (NASDAQ: VNOM) (Viper or the Company), a subsidiary of Diamondback Energy, Inc. (NASDAQ: FANG) (Diamondback), today announced financial and operating results for the fourth quarter and the full year ended December 31, 2021.

FOURTH QUARTER HIGHLIGHTS

Q4 2021 average production of 18,370 bo/d (31,359 boe/d)Q4 2021 consolidated net income (including non-controlling interest) of $117.0 million; net income attributable to Viper Energy Partners LP of $39.5 million, or $0.50 per common... More