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Diamondback Energy Achieves Record 521 MBO/d Production and Returns $859 Million to Shareholders

FANG8-KFiling Date: 5/4/2026
Diamondback Energy, Inc.
Description

What this story covers

Diamondback Energy reported record Q1 2026 production and $1.7 billion in free cash flow. The company raised its full-year guidance, reduced debt by over $1.3 billion, and increased its base dividend by 10%, demonstrating strong operational efficiency.

Story snapshot

CompanyDiamondback Energy, Inc.
TickerFANG
VariantStandard detailed
Duration0:00
Filing type8-K
PeriodQ1 2026
IndustryEnergy
Accession0001539838-26-000073
Sources1

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Primary Sources

sec_filing8-KView on SEC.gov →

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