Diamondback Energy (FANG) Misses Q1 EPS by 3c

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 11/4/2026

1. AMD
2. BKNG
3. AMGN
4. DOX
5. DUOL
6. SWKS
7. ANET
8. SPY
9. XYZ
10. CVS

Go back to Diamondback Energy (FANG) Misses Q1 EPS by 3c

Diamondback Energy, Inc. Announces First Quarter 2014 Financial and Operating Results

May 7, 2014 4:20 PM EDT

MIDLAND, Texas, May 7, 2014 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (Nasdaq: FANG) ("Diamondback" or the "Company") today announced financial and operating results for the first quarter ended March 31, 2014.

During the first quarter of 2014, net income was $23.6 million, or $0.48 per diluted share. Net income for the first quarter includes a non-cash loss on commodity derivatives of $3.3 million ($2.1 million net of tax), or $0.04 per diluted share. Without the impact of this item, net income for the first quarter of 2014 would have been $25.7 million, or $0.53 per diluted share.

HIGHLIGHTS

The... More