Core Viewpoint - Analysts forecast that Diamondback Energy (FANG) will report quarterly earnings of $4.09 per share, reflecting a year-over-year decline of 9.1%, while revenues are expected to reach $3.75 billion, an increase of 68.2% compared to the previous year [1] Earnings Estimates - The consensus EPS estimate has been revised downward by 12.6% over the past 30 days, indicating a collective reassessment by analysts [2] - Revisions to earnings estimates are significant indicators for predicting investor actions regarding the stock, with empirical research showing a strong correlation between earnings estimate trends and short-term stock performance [3] Revenue Projections - Analysts estimate that revenues from oil, natural gas, and natural gas liquids will total $3.67 billion, representing a year-over-year increase of 74.7% [5] - Oil sales revenues are projected to reach $3.03 billion, reflecting a 62.1% increase year-over-year [5] - Revenues from natural gas liquid sales are expected to be $410.54 million, indicating a 123.1% increase from the previous year [5] - Natural gas sales revenues are anticipated to be $243.41 million, suggesting a significant year-over-year increase of 386.8% [6] Production Metrics - Average daily production is expected to be 855,815.50 BOE/D, up from 461,110 BOE/D reported in the same quarter last year [6] - Total production volume for natural gas liquids is projected at 17,430.23 MBBL, compared to 8,653 MBBL in the previous year [8] - Total production volume for oil is estimated to be 42,783.51 MBBL, up from 24,874 MBBL year-over-year [8] - The consensus for total combined production volume is 76,894.90 MBOE, compared to 41,961 MBOE in the same quarter last year [9] Price Estimates - Average prices for oil are expected to be $70.67 per barrel, down from $75.06 per barrel in the same quarter last year [7] - Average prices for hedged oil are projected at $70.36 per barrel, compared to $74.13 per barrel in the previous year [7] - Average prices for natural gas liquids are estimated at $23.27 per barrel, up from $21.26 per barrel in the same quarter last year [9] - Average prices for hedged natural gas liquids are expected to be $22.61 per barrel, compared to $21.26 per barrel in the previous year [10] Stock Performance - Diamondback shares have decreased by 4.6% over the past month, contrasting with a -0.5% change in the Zacks S&P 500 composite [11] - The company holds a Zacks Rank 3 (Hold), indicating expectations to mirror overall market performance in the near future [11]

Core Viewpoint - Viper Energy, Inc. has successfully completed the acquisition of mineral and royalty interests from its parent company, Diamondback Energy, for a total consideration of $1.0 billion in cash and equity issuance, enhancing its asset base in the Permian Basin [1][2]. Group 1: Acquisition Details - The acquisition, referred to as the "Drop Down," includes approximately 22,847 net royalty acres in the Permian Basin, with about 69% of these acres currently operated by Diamondback [2]. - The cash portion of the acquisition was funded through proceeds from a public offering of Class A Common Stock and borrowings from the Operating Company's revolving credit facility [2]. - Following the acquisition, Diamondback holds approximately 53.7% of Viper's outstanding voting common stock [2]. Group 2: Approval Process - The Drop Down was approved by Viper's audit committee and the full board of directors on January 30, 2025, and subsequently by a majority of the Company's stockholders at a special meeting held on May 1, 2025 [3]. - The stockholders also approved the Equity Issuance as required by Nasdaq rules during the same special meeting [3]. Group 3: Company Background - Viper Energy, Inc. is a corporation formed by Diamondback to own, acquire, and exploit oil and natural gas properties in North America, focusing on mineral and royalty interests primarily in the Permian Basin [4]. - Diamondback Energy, Inc. is an independent oil and natural gas company headquartered in Midland, Texas, concentrating on the acquisition and development of unconventional oil and natural gas reserves in the Permian Basin [5].

Core Viewpoint - Analysts expect Diamondback Energy (FANG) to report quarterly earnings of $4.07 per share, reflecting a year-over-year decline of 9.6%, while revenues are projected to be $3.74 billion, an increase of 68.2% from the previous year [1] Revenue Estimates - Revenues from oil, natural gas, and natural gas liquids are anticipated to be $3.67 billion, indicating a year-over-year increase of 74.7% [4] - Oil sales revenues are expected to reach $3.03 billion, reflecting a year-over-year growth of 62.1% [4] - Natural gas liquid sales revenues are projected at $410.54 million, showing a significant year-over-year increase of 123.1% [4] - Natural gas sales revenues are estimated to be $243.41 million, representing a remarkable year-over-year change of 386.8% [5] Production Estimates - Average daily production is forecasted to be 855,303.90 BOE/D, compared to 461,110 BOE/D from the same quarter last year [5] - Total production volume for natural gas liquids is expected to be 17,430.23 MBBL, up from 8,653 MBBL in the same quarter last year [6] - Total production volume for oil is projected to reach 42,783.51 MBBL, compared to 24,874 MBBL reported in the same quarter last year [7] - Total production volume (combined volumes) is estimated at 76,894.90 MBOE, significantly higher than the year-ago figure of 41,961 MBOE [8] Price Estimates - Average prices for oil are expected to be $70.67 per barrel, down from $75.06 per barrel in the previous year [5] - Average prices for hedged oil are projected at $70.36 per barrel, compared to $74.13 per barrel last year [6] - Average prices for natural gas liquids are estimated at $23.27 per barrel, up from $21.26 per barrel in the same quarter of the previous year [7] - Average prices for hedged natural gas liquids are expected to be $22.61 per barrel, compared to $21.26 per barrel last year [8] Stock Performance - Over the past month, Diamondback shares have declined by 15.1%, while the Zacks S&P 500 composite has changed by -0.2% [8]

Diamondback Energy (FANG) is set to release first-quarter 2025 results on May 5. The current Zacks Consensus Estimate for the to-be-reported quarter is a profit of $4 per share on revenues of $3.7 billion.Let’s delve into the factors that might have influenced the Permian-focused oil and gas producer’s performance in the March quarter. But it’s worth taking a look at FANG’s previous-quarter performance first.Highlights of Q4 Earnings & Surprise HistoryIn the last reported quarter, this Midland, TX-based ups ...

Core Insights - The year has been marked by significant geopolitical and macroeconomic events, particularly highlighted by tariff announcements that have escalated associated risks [1]. Group 1 - The article emphasizes the importance of in-depth research on various income alternatives, including REITs, mREITs, Preferreds, BDCs, MLPs, and ETFs [1]. - Mark Malek, chief investment officer at Siebert, provides a summary of the current investment landscape, indicating heightened risks due to recent developments [1].

Diamondback Energy (FANG) closed the latest trading day at $136.65, indicating a -0.85% change from the previous session's end. This move lagged the S&P 500's daily gain of 0.58%. At the same time, the Dow added 0.75%, and the tech-heavy Nasdaq gained 0.55%.Shares of the energy exploration and production company have depreciated by 13.8% over the course of the past month, underperforming the Oils-Energy sector's loss of 8.92% and the S&P 500's loss of 0.84%.The investment community will be closely monitorin ...

The market expects Diamondback Energy (FANG) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended March 2025. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be rel ...

Core Viewpoint - Concerns about a potential recession and tariff policies are impacting markets, but dividend stocks are seen as a stabilizing investment option for portfolios [1] Group 1: Energy Transfer (ET) - Energy Transfer is a midstream energy company with over 130,000 miles of pipeline and related infrastructure in the U.S. [3] - The company paid a quarterly cash distribution of $0.3250 per common unit in February, marking a 3.2% year-over-year increase, and offers a dividend yield of 7.5% [3] - Analyst Elvira Scotto from RBC Capital views Energy Transfer favorably, citing the company's diversified cash flow streams and fee-based cash flow as key strengths [4][5] - Scotto slightly lowered the price target for ET from $23 to $22 due to market uncertainty but reaffirmed a buy rating [5] Group 2: The Williams Companies (WMB) - The Williams Companies is another midstream energy player, with a recent dividend increase of 5.3% to $2.00 annually, providing a dividend yield of 3.4% [7] - Key drivers for WMB stock include AI/data center growth opportunities and natural gas demand, which is expected to remain stable compared to crude oil [8] - Scotto maintains a buy rating on WMB with a price target of $63, anticipating strong volumes across segments despite some headwinds in the Northeast [10] Group 3: Diamondback Energy (FANG) - Diamondback Energy focuses on onshore oil and natural gas reserves in the Permian Basin and announced an 11% increase in its annual base dividend to $4 per share, resulting in a dividend yield of 4.5% [12] - Analyst Arun Jayaram expects FANG's Q1 results to align with market estimates, projecting a cash flow per share of $8.12 [13] - FANG is anticipated to generate free cash flow of approximately $1.4 billion, with a significant portion allocated to dividends and share buybacks [15]

Diamondback Energy, Inc. (FANG) recently released its operational update for the first quarter of 2025 to strategically pursue its stock repurchase plan in light of ongoing market volatility.The company is set to report its first-quarter 2025 earnings on May 5, after the closing bell. The Zacks Consensus Estimate for earnings is pegged at $3.64 per share and the same for revenues is pinned at $3.6 billion. The estimated earnings per share figure indicates a 19.1% year-over-year decline. However, the Zacks C ...

[Diamondback Energy, Inc. Q1 2025 Operational Update](index=1&type=section&id=Diamondback%20Energy%2C%20Inc.%20Provides%20Operational%20Update%20for%20the%20First%20Quarter%20of%202025) This report provides an operational update for Diamondback Energy, Inc. for Q1 2025, detailing production, financial highlights, and future operating plans [First Quarter 2025 Highlights](index=1&type=section&id=FIRST%20QUARTER%202025%20HIGHLIGHTS) Diamondback Energy reported strong Q1 2025 operational results, including **850.7 MBOE/d** average production, a **$226 million** derivative gain, and **$575 million** in share repurchases Q1 2025 Key Operational and Financial Metrics | Metric | Value | | :--- | :--- | | Average Production | 475.9 MBO/d (850.7 MBOE/d) | | Average Unhedged Oil Price | $70.95 per barrel | | Average Hedged Oil Price | $70.06 per barrel | | Cash Capital Expenditures | $942 million | | Q1 2025 Share Repurchases | 3,656,044 shares for $575 million | | Q2 2025 (to date) Share Repurchases | 1,560,200 shares for $200 million | - The company recorded a total gain on derivatives of **$226 million**, comprising an **$85 million** realized hedge gain and a **$141 million** unrealized hedge gain[4](index=4&type=chunk) - Following the Double Eagle acquisition and Q2 share repurchases to date, Diamondback has approximately **293 million** shares outstanding[4](index=4&type=chunk) [2025 Operating Plan Update](index=1&type=section&id=2025%20OPERATING%20PLAN%20UPDATE) Diamondback is reviewing its 2025 operating plan due to **market volatility**, maintaining flexibility to reduce activity and lower its breakeven oil price - The company is closely monitoring the **macroeconomic environment** and **reviewing its 2025 operating plan** due to **market volatility**[3](index=3&type=chunk) - Diamondback has the flexibility to **curtail activity** to **maximize free cash flow generation** should low commodity prices continue or worsen[3](index=3&type=chunk) - The company believes it can achieve **further reductions in its breakeven oil price** through **capital and operating cost efficiencies**[3](index=3&type=chunk) [Selected Operating Data](index=2&type=section&id=Selected%20Operating%20Data) This section details Q1 2025 production volumes and average realized prices for oil, natural gas, and natural gas liquids, including both unhedged and hedged pricing Q1 2025 Production and Average Prices | Metric | Value | | :--- | :--- | | **Production Data** | | | Daily oil volumes (BO/d) | 475,944 | | Daily combined volumes (BOE/d) | 850,656 | | **Average Unhedged Prices** | | | Oil ($ per Bbl) | $70.95 | | Natural gas ($ per Mcf) | $2.11 | | Combined ($ per BOE) | $47.77 | | **Average Hedged Prices** | | | Oil, hedged ($ per Bbl) | $70.06 | | Natural gas, hedged ($ per Mcf) | $3.34 | | Average price, hedged ($ per BOE) | $48.89 | [Derivative Activity](index=2&type=section&id=Derivative%20Activity) For Q1 2025, Diamondback anticipates a total net gain on derivative instruments of **$226 million**, comprising **$85 million** from cash settlements and **$141 million** non-cash gain Q1 2025 Derivative Gains (in millions) | Item | Gain (Loss) | | :--- | :--- | | **Total Gain on Derivatives** | **$226** | | Commodity contracts | $214 | | Interest rate swaps | $11 | | 2026 WTI Contingent Liability | $2 | | Treasury locks | $(1) | | **Net Cash Received on Settlements** | **$85** | | Commodity contracts | $86 | | Treasury locks | $(1) | [Share Information](index=1&type=section&id=Weighted%20Average%20Basic%20and%20Diluted%20Shares%20Outstanding) For Q1 2025, weighted average basic and diluted shares outstanding were approximately **289.6 million**, with total shares outstanding at **293 million** after recent acquisitions and buybacks - For Q1 2025, weighted average basic and diluted shares outstanding were **289,612 thousand**[4](index=4&type=chunk)[8](index=8&type=chunk) - Giving effect to the closing of the Double Eagle acquisition and share repurchases to date in Q2, Diamondback currently has approximately **293 million** shares outstanding[4](index=4&type=chunk) [Company Overview](index=3&type=section&id=About%20Diamondback%20Energy%2C%20Inc.) Diamondback Energy, Inc. is an independent oil and natural gas company focused on the acquisition, development, and exploration of **unconventional, onshore reserves** in the **Permian Basin** - Diamondback is an independent oil and natural gas company focused on **unconventional, onshore reserves** in the **Permian Basin**[9](index=9&type=chunk) [Forward-Looking Statements](index=3&type=section&id=Forward-Looking%20Statements) This report includes forward-looking statements concerning future performance and operations, subject to risks like commodity price volatility and regulatory changes, which could cause actual results to differ materially - The news release contains forward-looking statements regarding **future performance**, **business strategy**, and **financial position**, which are not guarantees of future performance[10](index=10&type=chunk) - **Material risks** include changes in **oil and gas supply and demand**, actions by **OPEC and Russia**, **financial market instability**, **inflationary pressures**, and **regulatory initiatives**[11](index=11&type=chunk) - Diamondback operates in a **competitive and rapidly changing environment** and disclaims any obligation to update or revise any forward-looking statements[12](index=12&type=chunk)