8-KItem 2.02 · Results of OperationsItem 9.01 · Financial Statements
Diamondback Energy reports $1.88 billion profit and raises 2026 production outlook
Filed with the SEC on · Summarized by InvestorsBot
Diamondback Energy reported second-quarter 2026 net income attributable to the company of $1.88 billion, or $6.65 per diluted share, on $5.56 billion of revenue, while generating $2.33 billion of free cash flow. The company reduced total debt by about $1.3 billion to $12.8 billion, declared a $1.10 per-share dividend payable August 20, and raised its 2026 production guidance to more than 522,000 barrels of oil per day and 1.0 million barrels of oil equivalent per day, with capital spending unchanged at about $3.9 billion.