Diamondback reported Q4 2025 net income (loss) attributable to shareholders of -USD 1.46 billion and diluted EPS of -USD 5.11, on total revenues of USD 3.38 billion. Q4 2025 adjusted net income was USD 499 million (USD 1.74 per diluted share) and adjusted EBITDA attributable to shareholders was USD 2.02 billion. Net cash provided by operating activities was USD 2.34 billion, cash capital expenditures were USD 943 million, and free cash flow was USD 1 billion (adjusted free cash flow: USD 1.18 billion). For FY 2025, Diamondback posted net income attributable to shareholders of USD 1.66 billion and diluted EPS of USD 5.73, with total revenues of USD 15.03 billion. FY 2025 net cash provided by operating activities was USD 8.76 billion, cash capital expenditures were USD 3.52 billion, and free cash flow was USD 5.55 billion (adjusted free cash flow: USD 5.89 billion). Operationally, Q4 2025 average oil production was 512.8 MBO/d (969.1 MBOE/d), with realized oil prices of USD 58.00 per bbl and combined realized prices of USD 34.02 per BOE. Diamondback completed 127 gross (121 net) operated wells in Q4 and 503 gross (476 net) for FY 2025. The company increased its annual base dividend by 5% to USD 4.20 per share and declared a Q4 base dividend of USD 1.05 per share payable March 12, 2026. In Q4, Diamondback repurchased 2.90 million shares for USD 434 million and returned USD 734 million via buybacks and the declared base dividend, representing 62% of Q4 adjusted free cash flow. The company also repurchased USD 203 million in senior notes due 2051 and 2052 at 82.3% of par (about USD 167 million) and redeemed USD 950 million of principal on its term loan due 2027; consolidated total debt and net debt at Dec. 31, 2025 were USD 14.67 billion and USD 14.56 billion, with total standalone liquidity of USD 2.59 billion. Diamondback’s 2026 oil production guidance is 500–510 MBO/d (926–962 MBOE/d) with cash capital expenditures of USD 3.6–3.9 billion.

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: GNW9659543-en) on February 23, 2026, and is solely responsible for the information contained therein.