Bei Akademie registrieren
Diamondback Energy, US25278X1090

Diamondback Energy stock highlights Q3 buybacks and higher output outlook

Published on 11/09/2026 at 16:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Diamondback Energy stock adds a new capital-return detail to its higher output outlook. Investors now have the next dividend date in view.

Quarterly cash supports broader returns

  • Diamondback raised its 2026 oil and total production outlook after a strong third quarter.
  • The company increased its annual base dividend and plans a November 19 payment.
  • Higher capital spending leaves production growth and reinvestment intensity central for investors.
Diamondback Energy, US25278X1090, Illustration mit AI erstellt.
Diamondback Energy, US25278X1090, Illustration mit AI erstellt.

Diamondback Energy reported stronger third-quarter results on November 2, 2026, and raised its full-year production outlook. In its official earnings release, the Midland, Texas-based oil and natural gas producer also increased its base dividend and detailed its third-quarter share repurchases.

What has changed since the last report

The latest update adds a concrete capital-return detail: Diamondback repurchased 1,348,209 common shares for approximately 251 million US dollars in the third quarter at a weighted average price of 185.94 US dollars per share. Management said future repurchases will remain opportunistic and depend on cash on hand, free cash flow and potential asset-sale proceeds.

Third-quarter revenue reached 5.431 billion US dollars, while net income attributable to Diamondback was 1.603 billion US dollars. Adjusted net income attributable to the company came to 1.649 billion US dollars, or 5.86 US dollars per diluted share. Operating cash flow was 2.599 billion US dollars and free cash flow was 2.148 billion US dollars.

Higher output requires more capital

Diamondback lifted its 2026 oil production guidance to approximately 524,000 barrels per day from more than 522,000 previously. Total production guidance rose to approximately 1.015 million barrels of oil equivalent per day from more than 1 million. The company also raised full-year cash capital expenditure guidance to 3.95 billion to 4.00 billion US dollars from approximately 3.9 billion US dollars.

The fourth-quarter outlook calls for oil production of 518,000 to 528,000 barrels per day and total production of 1.025 million to 1.045 million barrels of oil equivalent per day. Planned fourth-quarter capital spending is 1.00 billion to 1.05 billion US dollars, keeping execution and commodity prices important factors for future cash generation.

Diamondback Energy stock traded at 158.01 euros on Lang & Schwarz at 16:30 CET on Monday, November 9, 2026. The 159.13 euros quoted in the November 9 report at 13:44 CET was 0.70 percent above the latest quote.

Diamondback Energy at a glance

  • Company: Diamondback Energy, Inc.
  • ISIN: US25278X1090
  • Ticker: FANG
  • Primary exchange: Nasdaq Global Select Market
  • Lang & Schwarz quote: 158.01 euros on November 9, 2026, at 16:30 CET
  • Annual base dividend: 4.72 US dollars per share
  • Next payment: November 19, 2026, to shareholders of record on November 12

For broader market context, investors can follow the S&P 500 market reports.

More news and analyses on Diamondback Energy stock cover the company's production, dividends and Permian Basin strategy.

Disclaimer...
en | US25278X1090 | DIAMONDBACK ENERGY | boerse | 70481930 | bgmi