Diamondback Energy said its 2026 plan is to keep activity and production flat versus 4Q25 levels (adjusted for Viper’s non-Permian divestiture), guiding to oil production of 500–510 MBO/d and total production of 926–962 MBOE/d. The company forecast total 2026 cash capital expenditures of $3.6–$3.9 billion, including about $150 million of experimental/exploration capital and roughly $125 million targeted to Barnett and Woodford development. For operating costs, Diamondback said lease operating expense is expected to reset to $5.90–$6.40 per BOE after a 4Q25 increase to $5.91 per BOE. In 4Q25, oil production averaged 513 MBO/d, near the high end of its 505–515 MBO/d guidance, while capital spending rose to $943 million within its $875–$975 million range.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Diamondback Energy Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202602231601PRIMZONEFULLFEED9659544) on February 23, 2026, and is solely responsible for the information contained therein.