Diamondback Energy, Inc. (FANG) announced earnings for second quarter that Drops, from last year
The company's earnings totaled $699 million, or $2.38 per share. This compares with $837 million, or $4.66 per share, last year.
Excluding items, Diamondback Energy, Inc. reported adjusted earnings of $785 million or $2.67 per share for the period.
The company's revenue for the period rose 48.1% to $3.678 billion from $2.483 billion last year.
Diamondback Energy, Inc. earnings at a glance (GAAP) :
-Earnings: $699 Mln. vs. $837 Mln. last year.-EPS: $2.38 vs. $4.66 last year.-Revenue: $3.678 Bln vs. $2.483 Bln last year.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.