Diamondback Energy, Inc. (FANG) reported a profit for its third quarter that Increases, from the same period last year
The company's bottom line totaled $1.018 billion, or $3.51 per share. This compares with $659 million, or $3.19 per share, last year.
Excluding items, Diamondback Energy, Inc. reported adjusted earnings of $895 million or $3.08 per share for the period.
The company's revenue for the period rose 48.4% to $3.924 billion from $2.645 billion last year.
Diamondback Energy, Inc. earnings at a glance (GAAP) :
-Earnings: $1.018 Bln. vs. $659 Mln. last year.-EPS: $3.51 vs. $3.19 last year.-Revenue: $3.924 Bln vs. $2.645 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.