Diamondback Energy, Inc. (NASDAQ:FANG) reported its fourth-quarter results after Monday's closing bell. Here's a look at the key figures from the quarter.
The Details: Diamondback Energy reported quarterly revenue of $3.71 billion, which beat the analyst consensus estimate of $3.53 billion and is an increase over revenue of $2.23 billion from the same period last year.
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Diamondback Energy’s fourth-quarter figures included:
Outlook: The company sees full-year 2025 oil production of between 485 and 498 MBO/d (883 – 909 MBOE/d) and cash capital expenditures between $3.8 billion and $4.2 billion. The company expects to drill between 446 and 471 gross (406 – 428 net) wells and complete between 557 and 592 gross (526 – 560 net) wells with an average lateral length of approximately 11,500 feet in 2025.
FANG Price Action: According to data from Benzinga Pro, Diamondback Energy shares are up 1.62% after-hours at $157.75 Monday.
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