Form 8-K Diamondback Energy, Inc. For: May 04

Go back to Form 8-K Diamondback Energy, Inc. For: May 04

Diamondback Energy increases production guidance and dividend

May 4, 2026 4:20 PM EDT

Diamondback Energy (NASDAQ: FANG) reported first-quarter results and announced changes to its capital allocation strategy in a letter to shareholders released alongside quarterly earnings.

The company increased its production guidance to over 520,000 barrels of oil per day, representing a 3% increase from its original 2026 guidance. Oil production averaged 521,000 barrels per day in the first quarter,... More