Tuesday, September 1, 2026

Diamondback’s Buying Spree Rolls Ahead

$312.5 million deal adds to $10.8 billion year Diamondback (ticker: FANG) reported third quarter results today, showing net earnings of $157 million, or $1.59 per share. Diamondback produced 123 MBOEPD in Q3, up 9% sequentially and 45% year-over-year. This result, which exceeded expectations, has led Diamondback to slightly increase its overall 2018 production guidance, the company now forecasts 50% yearly