Detail akcie Diamondback Energy Inc, Ordinary, NASDAQ Stock Exchange Global Select Market online

Business Summary: Diamondback Energy, Inc., together with its subsidiaries, is an independent oil and natural gas company focused on the acquisition, development, exploration and exploitation of unconventional, onshore oil and natural gas reserves primarily in the Permian Basin in West Texas. The Company's activities are primarily directed at the horizontal development of the Wolfcamp and Spraberry formations in the Midland Basin and the Wolfcamp and Bone Spring formations in the Delaware Basin, both of which are part of the larger Permian Basin in West Texas and New Mexico. Additionally, its subsidiary, Viper Energy, Inc., owns oil and natural gas properties primarily in the Permian Basin. Its total acreage position in the Permian Basin consists of approximately 7,77,181 net acres in the Midland Basin and approximately 123,218 net acres in the Delaware Basin. The Company's subsidiaries include Rattler Midstream GP LLC, Rattler Midstream LP, and QEP Resources, Inc.
Financial Summary: BRIEF: For the three months ended 31 March 2025, Diamondback Energy Inc revenues increased 82% to $4.05B. Net income applicable to common stockholders increased 83% to $1.4B. Revenues reflect Crude Oil Production increase of 96% to 39.3M barrels, Oil Equivalent Production (Units/day) increase of 84% to 851K barrels per day, Oil sales increase of 63% to $3.04B, Natural gas liquid sales increase from $184M to $406M.