Diamondback Energy Reports Mixed Q4 Results: Details

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Diamondback Energy (NASDAQ: FANG) reported mixed Q4 2026 results, missing earnings per share estimates but exceeding revenue expectations. The company achieved average oil production of 512.8 MBO/d and significant operating cash flow, while also highlighting improved drilling efficiencies with fewer rigs. Despite the revenue beat, FANG stock saw a slight decline in extended trading following the report.

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