Diamondback Energy (FANG) Issues Letter to Shareholders
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Letter to Stockholders Issued by Diamondback Energy, Inc.
July 31, 2023 4:02 PM EDTMIDLAND, Texas, July 31, 2023 (GLOBE NEWSWIRE) --
Diamondback Stockholders,
This letter is meant to be a supplement to our earnings release and is being furnished to the Securities and Exchange Commission (SEC) and released to our stockholders simultaneously with our earnings release. Please see the information regarding forward-looking statements and non-GAAP financial information included at the end of this letter.
The second quarter of 2023 was characterized by volume outperformance, reduced operating and administrative expenses, decreased net debt, additional non-core divestitures and another increase to our base dividend.... More
