Diamondback Energy (FANG) official guidance
Diamondback Energy (FANG) official earnings guidance and management outlook. Each figure management stated is shown with its revisions and the source quote.
See the full Filings Intelligence suiteFANGDiamondback Energy, Inc.FY2027 · ends 2027-12-31
1 metric1 newearnings call · 2026-08-04 04:01:15 UTC
2026-08-04 04:01:15 UTCsomewhere around a billion to a little over billion dollars a quarter run ratenew
It's a little early to talk about 2027, I think somewhere around a billion to a little over billion dollars a quarter run rate to hold production flat is reasonable with what we see today.
FANG · transcript · Q2 FY2026
2026-08-04 04:00:00 UTCOpen source
FANGDiamondback Energy, Inc.H4 FY2026 · ends 2026-12-31
1 metric1 newearnings call · 2026-08-04 04:01:15 UTC
2026-08-04 04:01:15 UTC$6new
I don't think we're going to see LOE trend down in the back half of the year. I think we like that kind of circling that $6 number or a little higher.
FANG · transcript · Q2 FY2026
2026-08-04 04:00:00 UTCOpen source
FANGDiamondback Energy, Inc.FY2027 · ends 2027-12-31
1 metric1 newearnings call · 2026-08-04 04:01:15 UTC
2026-08-04 04:01:15 UTClow single-digit organic growthnew
I think the goalposts are for us going into next year, do we hold production flat, which we're kind of doing from these higher elevated levels right now in Q3, or do we grow organically off of this number in a capital efficient way? Right now the model spits out some form of low single-digit organic growth while maintaining capital efficiency and running five frac crews consistently throughout the year.
FANG · transcript · Q2 FY2026
2026-08-04 04:00:00 UTCOpen source
FANGDiamondback Energy, Inc.FY2026 · ends 2026-12-31
3 metrics3 maintainedearnings release · 2026-08-03 20:07:38 UTC
2026-08-03 20:07:38 UTC12.9Kmaintained
| Average lateral length (Ft.) | ~12,900' | |
FANG · EX-99.1 · Q2 FY2026
2026-08-03 20:06:11 UTCOpen source
2026-05-04 20:08:00 UTC12.9Kmaintained
| Average lateral length (Ft.) | ~12,900' | |
FANG · EX-99.1 · Q1 FY2026
2026-05-04 20:06:21 UTCOpen source
2026-02-23 21:07:29 UTC12.9K
| Average lateral length (Ft.) | ~12,900' |
FANG · EX-99.1 · Q4 FY2025
2026-02-23 21:05:47 UTCOpen source
2025-11-05 05:01:16 UTClateral lengths to be upnew
But today, I think. Next year we expect lateral lengths to be up. And we're going to keep working on trades and other things to keep them as long as possible.
FANG · transcript · Q3 FY2025
2025-11-05 05:00:00 UTCOpen source
2026-08-03 20:07:38 UTC$3.3Bmaintained
| Operated drilling and completion | ~$3,310 | |
FANG · EX-99.1 · Q2 FY2026
2026-08-03 20:06:11 UTCOpen source
2026-05-04 20:08:00 UTC$3.3Braised +4.7%
| Operated drilling and completion | ~$3,310 (from ~$3,160 ) | |
FANG · EX-99.1 · Q1 FY2026
2026-05-04 20:06:21 UTCOpen source
2026-02-23 21:07:29 UTC$3B – $3.3Bnew
| Operated drilling and completion | $3,050 - $3,270 |
FANG · EX-99.1 · Q4 FY2025
2026-02-23 21:05:47 UTCOpen source
2026-08-03 20:07:38 UTC$3.9Bmaintained10.7% vs FY2025
| 2026 Total capital expenditures(2) | ~$3,900 | |
FANG · EX-99.1 · Q2 FY2026
2026-08-03 20:06:11 UTCOpen source
2026-05-04 20:08:00 UTC$3.9Braised +4.0%10.7% vs FY2025
| 2026 Total capital expenditures(2) | ~$3,900 (from ~$3,750) | |
FANG · EX-99.1 · Q1 FY2026
2026-05-04 20:06:21 UTCOpen source
2026-02-25 05:01:17 UTC$3.8Bmaintained
you know, it's funny, Jeff, you know, we have a $3.75 billion budget, and $150 is, you know, allocated to the Barnett, but it's getting all the airtime.
FANG · transcript · Q4 FY2025
2026-02-25 05:00:00 UTCOpen source
2026-02-23 21:07:29 UTC$3.6B – $3.9Bnew
| 2026 Total capital expenditures (3) | $3,600 - $3,900 |
FANG · EX-99.1 · Q4 FY2025
2026-02-23 21:05:47 UTCOpen source
FANGDiamondback Energy, Inc.Q3 FY2026 · ends 2026-09-30
1 metric1 newearnings release · 2026-08-03 20:07:38 UTC
2026-08-03 20:07:38 UTC$950M – $1.1Bnew22.7% – 35.7% vs Q3 FY2025
| Q3 2026 Capital expenditures | $950 - $1,050 | |
FANG · EX-99.1 · Q2 FY2026
2026-08-03 20:06:11 UTCOpen source
FANGDiamondback Energy, Inc.FY2026 · ends 2026-12-31
2 metrics1 lowered1 maintainedearnings release · 2026-08-03 20:07:38 UTC
2026-08-03 20:07:38 UTC$0.7 – $0.9maintained
| Cash G&A | $0.55 - $0.65 (from $0.55 - $0.70) | $0.70 - $0.90 |
FANG · EX-99.1 · Q2 FY2026
2026-08-03 20:06:11 UTCOpen source
2026-05-04 20:08:00 UTC$0.7 – $0.9maintained
| Cash G&A | $0.55 - $0.70 | $0.70 - $0.90 |
FANG · EX-99.1 · Q1 FY2026
2026-05-04 20:06:21 UTCOpen source
2026-02-23 21:07:29 UTC$0.7 – $0.9new
| Cash G&A | $0.55 - $0.70 | $0.70 - $0.90 |
FANG · EX-99.1 · Q4 FY2025
2026-02-23 21:05:47 UTCOpen source
2026-08-03 20:07:38 UTC$0.55 – $0.65lowered -4.0%
| Cash G&A | $0.55 - $0.65 (from $0.55 - $0.70) | $0.70 - $0.90 |
FANG · EX-99.1 · Q2 FY2026
2026-08-03 20:06:11 UTCOpen source
2026-05-04 20:08:00 UTC$0.55 – $0.7maintained
| Cash G&A | $0.55 - $0.70 | $0.70 - $0.90 |
FANG · EX-99.1 · Q1 FY2026
2026-05-04 20:06:21 UTCOpen source
2026-02-23 21:07:29 UTC$0.55 – $0.7new
| Cash G&A | $0.55 - $0.70 | $0.70 - $0.90 |
FANG · EX-99.1 · Q4 FY2025
2026-02-23 21:05:47 UTCOpen source
FANGDiamondback Energy, Inc.Q3 FY2026 · ends 2026-09-30
1 metric1 newearnings release · 2026-08-03 20:07:38 UTC
2026-08-03 20:07:38 UTC$400M – $460Mnew
| Q3 2026 Cash taxes ($ - million) | $400 - $460 | |
FANG · EX-99.1 · Q2 FY2026
2026-08-03 20:06:11 UTCOpen source
FANGDiamondback Energy, Inc.FY2026 · ends 2026-12-31
10 metrics1 raised4 lowered5 maintainedearnings release · 2026-08-03 20:07:38 UTC
2026-08-03 20:07:38 UTC27% – 30%maintained
| Cash tax rate (% of pre-tax income)(1) | 19% - 22% (from 18% - 21%) | 27% - 30% |
FANG · EX-99.1 · Q2 FY2026
2026-08-03 20:06:11 UTCOpen source
2026-05-04 20:08:00 UTC27% – 30%maintained
| Cash tax rate (% of pre-tax income)(1) | 18% - 21% | 27% - 30% |
FANG · EX-99.1 · Q1 FY2026
2026-05-04 20:06:21 UTCOpen source
2026-02-23 21:07:29 UTC27% – 30%new
| Cash tax rate (% of pre-tax income)(1) | 18% - 21% | 27% - 30% |
FANG · EX-99.1 · Q4 FY2025
2026-02-23 21:05:47 UTCOpen source
2026-08-03 20:07:38 UTC19% – 22%raised +5.1%
| Cash tax rate (% of pre-tax income)(1) | 19% - 22% (from 18% - 21%) | 27% - 30% |
FANG · EX-99.1 · Q2 FY2026
2026-08-03 20:06:11 UTCOpen source
2026-05-04 20:08:00 UTC18% – 21%maintained
| Cash tax rate (% of pre-tax income)(1) | 18% - 21% | 27% - 30% |
FANG · EX-99.1 · Q1 FY2026
2026-05-04 20:06:21 UTCOpen source
2026-02-23 21:07:29 UTC18% – 21%new
| Cash tax rate (% of pre-tax income)(1) | 18% - 21% | 27% - 30% |
FANG · EX-99.1 · Q4 FY2025
2026-02-23 21:05:47 UTCOpen source
2026-08-03 20:07:38 UTC$14.75 – $17.25lowered -7.2%
| DD&A | $13.50 - $14.50 (from $14.00 - $15.00) | $14.75 - $17.25 |
FANG · EX-99.1 · Q2 FY2026
2026-08-03 20:06:11 UTCOpen source
2026-05-04 20:08:00 UTC$16.25 – $18.25lowered -6.8%
| DD&A | $14.00 - $15.00 (from $14.50- $15.50) | $16.25 - $18.25 |
FANG · EX-99.1 · Q1 FY2026
2026-05-04 20:06:21 UTCOpen source
2026-02-23 21:07:29 UTC$17.5 – $19.5new
| DD&A | $14.50 - $15.50 | $17.50 - $19.50 |
FANG · EX-99.1 · Q4 FY2025
2026-02-23 21:05:47 UTCOpen source
2026-08-03 20:07:38 UTC$13.5 – $14.5lowered -3.4%
| DD&A | $13.50 - $14.50 (from $14.00 - $15.00) | $14.75 - $17.25 |
FANG · EX-99.1 · Q2 FY2026
2026-08-03 20:06:11 UTCOpen source
2026-05-04 20:08:00 UTC$14 – $15lowered -3.3%
| DD&A | $14.00 - $15.00 (from $14.50- $15.50) | $16.25 - $18.25 |
FANG · EX-99.1 · Q1 FY2026
2026-05-04 20:06:21 UTCOpen source
2026-02-23 21:07:29 UTC$14.5 – $15.5new
| DD&A | $14.50 - $15.50 | $17.50 - $19.50 |
FANG · EX-99.1 · Q4 FY2025
2026-02-23 21:05:47 UTCOpen source
2026-08-03 20:07:38 UTC23%maintained555 bps vs FY2025
| Corporate tax rate (% of pre-tax income) | 23% | |
FANG · EX-99.1 · Q2 FY2026
2026-08-03 20:06:11 UTCOpen source
2026-05-04 20:08:00 UTC23%maintained555 bps vs FY2025
| Corporate tax rate (% of pre-tax income) | 23% | |
FANG · EX-99.1 · Q1 FY2026
2026-05-04 20:06:21 UTCOpen source
2026-02-23 21:07:29 UTC23%new
| Corporate tax rate (% of pre-tax income) | 23% |
FANG · EX-99.1 · Q4 FY2025
2026-02-23 21:05:47 UTCOpen source
2026-08-03 20:07:38 UTC$1.4 – $1.6lowered -6.3%
| Gathering, processing and transportation | $1.40 - $1.60 (from $1.50 - $1.70) | |
FANG · EX-99.1 · Q2 FY2026
2026-08-03 20:06:11 UTCOpen source
2026-05-04 20:08:00 UTC$1.5 – $1.7maintained
| Gathering, processing and transportation | $1.50 - $1.70 | |
FANG · EX-99.1 · Q1 FY2026
2026-05-04 20:06:21 UTCOpen source
2026-02-23 21:07:29 UTC$1.5 – $1.7new
| Gathering, processing and transportation | $1.50 - $1.70 |
FANG · EX-99.1 · Q4 FY2025
2026-02-23 21:05:47 UTCOpen source
2026-08-03 20:07:38 UTC$1.9 – $2.4maintained
| Interest expense (net of interest income) | $0.50 - $0.70 | $1.90 - $2.40 |
FANG · EX-99.1 · Q2 FY2026
2026-08-03 20:06:11 UTCOpen source
2026-05-04 20:08:00 UTC$1.9 – $2.4maintained
| Interest expense (net of interest income) | $0.50 - $0.70 (from $0.70- $0.90) | $1.90 - $2.40 |
FANG · EX-99.1 · Q1 FY2026
2026-05-04 20:06:21 UTCOpen source
2026-02-23 21:07:29 UTC$1.9 – $2.4new
| Interest expense (net of interest income) | $0.70 - $0.90 | $1.90 - $2.40 |
FANG · EX-99.1 · Q4 FY2025
2026-02-23 21:05:47 UTCOpen source
2026-08-03 20:07:38 UTC$0.5 – $0.7maintained
| Interest expense (net of interest income) | $0.50 - $0.70 | $1.90 - $2.40 |
FANG · EX-99.1 · Q2 FY2026
2026-08-03 20:06:11 UTCOpen source
2026-05-04 20:08:00 UTC$0.5 – $0.7lowered -25.0%
| Interest expense (net of interest income) | $0.50 - $0.70 (from $0.70- $0.90) | $1.90 - $2.40 |
FANG · EX-99.1 · Q1 FY2026
2026-05-04 20:06:21 UTCOpen source
2026-02-23 21:07:29 UTC$0.7 – $0.9new
| Interest expense (net of interest income) | $0.70 - $0.90 | $1.90 - $2.40 |
FANG · EX-99.1 · Q4 FY2025
2026-02-23 21:05:47 UTCOpen source
2026-08-03 20:07:38 UTC$5.9 – $6.4maintained
| Lease operating expenses, including workovers | $5.90 - $6.40 | |
FANG · EX-99.1 · Q2 FY2026
2026-08-03 20:06:11 UTCOpen source
2026-05-04 20:08:00 UTC$5.9 – $6.4maintained
| Lease operating expenses, including workovers | $5.90 - $6.40 | |
FANG · EX-99.1 · Q1 FY2026
2026-05-04 20:06:21 UTCOpen source
2026-02-23 21:07:29 UTC$5.9 – $6.4new
| Lease operating expenses, including workovers | $5.90 - $6.40 |
FANG · EX-99.1 · Q4 FY2025
2026-02-23 21:05:47 UTCOpen source
2026-08-03 20:07:38 UTC6.1M – 6.5Mlowered -51.2%
| Net lateral footage completed (1,000's of Ft.) | 6,100' - 6,500' | |
FANG · EX-99.1 · Q2 FY2026
2026-08-03 20:06:11 UTCOpen source
2026-05-06 04:01:21 UTC12.9Mraised +104.8%
For the full year of 2026, you know, we still expect to be at 12.9 million lateral ft. We expect that to ramp kind of going through the back half of the year.
FANG · transcript · Q1 FY2026
2026-05-06 04:00:00 UTCOpen source
2026-05-04 20:08:00 UTC6.1M – 6.5Mraised +3.3%
| Net lateral footage completed (1,000's of Ft.) | 6,100' - 6,500' (from 5,900' - 6,300') | |
FANG · EX-99.1 · Q1 FY2026
2026-05-04 20:06:21 UTCOpen source
2026-02-23 21:07:29 UTC5.9M – 6.3Mnew
| Net lateral footage completed (1,000's of Ft.) | 5,900' - 6,300' |
FANG · EX-99.1 · Q4 FY2025
2026-02-23 21:05:47 UTCOpen source