Diamondback Energy, Inc. disclosed Q1 2026 realized prices, derivative activity with $133 million net cash gain, and 282,792 thousand weighted average basic and diluted shares outstanding.
Key takeaways
Q1 2026 unhedged oil realized price $73.47 per barrel.
Q1 2026 hedged oil realized price $72.53 per barrel.
Q1 2026 unhedged natural gas realized price $0.18 per Mcf.
Anticipated Q1 2026 net gain on derivative cash settlements $133 million.
Q1 2026 $27 million realized loss from termination of $300 million notional interest rate swaps.
Q1 2026 basic and diluted weighted average shares outstanding 282,792 thousand.