Core Insights - Diamondback Energy reported quarterly profits that exceeded market expectations [1] - The company announced plans to sell its subsidiary Viper Energy's non-Permian assets for $670 million to an affiliate of GRP Energy Capital [1] Financial Performance - The quarterly profit surpassed analysts' estimates, indicating strong operational performance [1] Strategic Moves - The decision to divest Viper Energy's non-Permian assets reflects a strategic focus on core operations and optimizing asset portfolio [1]

Core Insights - Viper Energy, Inc. reported financial and operational results for Q3 2025, highlighting a continued growth strategy supported by the Sitio Acquisition and organic growth [1][4] - The company anticipates a ~20% increase in oil production per share for Q4 2025 compared to Q4 2024, with mid-single digit organic growth expected in 2026 [4] - Viper returned 85% of pro forma cash available for distribution to stockholders in Q3 2025, with plans to approach nearly 100% following the divestiture of non-Permian assets [5] Financial Update - Q3 2025 average production was 56,087 barrels of oil per day (bo/d) and 108,859 barrels of oil equivalent per day (boe/d) [7] - The consolidated net loss for Q3 2025 was $197 million, with a net loss attributable to Viper of $77 million, or $0.52 per Class A common share [7][9] - Pro forma cash available for distribution was $165 million, or $0.97 per Class A common share [7] - The declared base cash dividend was $0.33 per Class A common share, yielding 3.5% annualized based on the closing price of $37.56 [7][11] - A variable cash dividend of $0.25 per Class A common share was also declared, leading to a total dividend yield of 6.2% [7][12] Recent Events and Forward Outlook - The Sitio Acquisition was completed on August 19, 2025, valued at approximately $4.0 billion [7] - A definitive agreement was made to sell non-Permian assets for $670 million, expected to close in Q1 2026 [7] - Q4 2025 production guidance is set at 65,000 to 67,000 bo/d, with full-year 2025 production guidance of 48.75 to 49.00 million barrels [19] Operational Update - During Q3 2025, 739 horizontal wells were turned to production, with an average lateral length of 10,947 feet [14] - The company had a total of 95,846 net royalty acres as of September 30, 2025 [15] - As of September 30, 2025, Viper's cash balance was $443 million, with total debt outstanding of $2.6 billion [10] Selected Operating Data - Average realized prices for Q3 2025 were $64.34 per barrel of oil, $1.02 per Mcf of natural gas, and $19.07 per barrel of natural gas liquids, leading to a total equivalent realized price of $39.24/boe [8][39] - The company repurchased 2.4 million shares of Class A common stock for approximately $90 million during Q3 2025 [7][13]

Core Insights - Diamondback Energy, Inc. reported strong financial and operational results for Q3 2025, highlighting significant cash flow generation and shareholder returns [1][2]. Financial Performance - Average oil production reached 503.8 thousand barrels per day (MBO/d), with total production at 942.9 thousand barrels of oil equivalent per day (MBOE/d) [7]. - Net cash provided by operating activities was $2.4 billion, while Operating Cash Flow Before Working Capital Changes was $2.5 billion [7]. - Free Cash Flow and Adjusted Free Cash Flow both stood at $1.8 billion [7]. - The company declared a base cash dividend of $1.00 per share, yielding an annualized rate of 2.8% based on the closing share price of $143.19 on October 31, 2025 [7][18]. Shareholder Returns - Diamondback repurchased 4,286,080 shares for approximately $603 million at an average price of $140.70 per share [7][21]. - Total return of capital for the quarter was $892 million, representing 50% of Adjusted Free Cash Flow [7][21]. Operational Highlights - The company drilled 108 gross wells and completed 137 gross wells in Q3 2025 [9]. - For the full year 2025, Diamondback increased its oil production guidance to 495 - 498 MBO/d and total BOE guidance to 910 - 920 MBOE/d [8][22]. - The average lateral length of wells drilled was approximately 11,500 feet [8][22]. Capital Expenditures - Cash capital expenditures for the quarter were $774 million, with a full-year guidance of $3.45 - $3.55 billion [7][22]. - The company expects to drill 445 - 465 gross wells and complete 510 - 520 gross wells in 2025 [8][22]. Debt and Liquidity - As of September 30, 2025, Diamondback had total liquidity of $2.431 billion and consolidated total debt of $16.432 billion [17]. - The company repurchased $203 million in senior notes due 2051 & 2052 at 82.3% of par value [8]. Market Conditions - Average realized prices for oil were $64.60 per barrel, while natural gas prices averaged $0.75 per Mcf [11]. - The company experienced a slight decrease in natural gas liquids prices, averaging $17.28 per barrel [11].

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Market moves: The S & P 500 was slightly higher to start the week, but most of the gains were concentrated in AI-related technology stocks and the Magnificent Seven — especially Amazon, after it struck a multiyear deal with OpenAI worth $38 billion of compute capacity. The Nasdaq , with a heavier weighting in tech, was modestly higher. Th ...

Core Insights - Diamondback Energy, Inc. (NASDAQ:FANG) is recognized among the 15 Dividend Growth Stocks with the highest growth rates [1] - Susquehanna has raised Diamondback Energy's price target to $188 from $182, maintaining a Positive rating on the stock [3] - The company has a strong operational focus in the Permian Basin, utilizing horizontal drilling and hydraulic fracturing techniques [2] Financial Performance - Diamondback Energy initiated dividend payments in 2018 and has consistently increased its payouts, currently offering a quarterly dividend of $1.00 per share [4] - The dividend yield stands at 2.74% as of October 30, with an annual average payout increase of 24.33% over the past five years [4] Market Outlook - Susquehanna has adjusted its Q4 WTI crude oil price assumption to $62.50 per barrel, while keeping the 2026 outlook unchanged at $65 per barrel [3]

Texas is backing a proposed Permian Basin power plant fueled by natural gas with a $1.1 billion low-interest loan, the largest such project under a state program aimed to shore up supplies after widespread blackouts in 2021.Competitive Power Ventures will use the loan from the Texas Energy Fund to construct a 1,350-megawatt combined-cycle gas plant — among the more efficient types of fossil-fuel generation — in the Permian that’s expected to start up by 2029, CPV said Thursday in a statement. That’s enough ...

Welcome back. Artificial intelligence applied to the energy business at the Peran Basin in Midland, Texas. I travel to Midland last week and tooured Diamondback Energy's efracking site.Take a look. >> Case, where is the wellhead. >> There's six wellheads on this uh location.We're on a location here. >> All right. >> They were drilled by a drilling rig a couple months ago.And now these six well heads are anywhere from 7 to 10,000 ft down in the ground and then they go horizontally so that we're in the pay zo ...

Core Viewpoint - Analysts forecast that Diamondback Energy (FANG) will report quarterly earnings of $2.85 per share, reflecting a year-over-year decline of 15.7%, while revenues are expected to reach $3.46 billion, an increase of 30.9% compared to the previous year [1]. Earnings Projections - The consensus EPS estimate has been revised downward by 7.1% over the past 30 days, indicating a collective reassessment by analysts [2]. - Revisions to earnings projections are crucial for predicting investor behavior and are strongly linked to short-term stock price performance [3]. Revenue Estimates - Total revenues from oil, natural gas, and natural gas liquids are projected to be $3.27 billion, representing a year-over-year increase of 38.8% [5]. - Oil sales revenues are expected to be $2.78 billion, indicating a year-over-year change of 28.8% [5]. - Revenues from natural gas liquid sales are anticipated to reach $352.64 million, reflecting a significant increase of 67.1% from the prior year [6]. Production Metrics - Average daily production is forecasted to be 920,999 barrels of oil equivalent per day, up from 571,098 barrels per day in the same quarter last year [6]. - Total production volume for natural gas is estimated at 113,465.90 million cubic feet, compared to 66,519.00 million cubic feet in the previous year [9]. - Total production volume for oil is expected to reach 45,917 thousand barrels, an increase from 29,537 thousand barrels reported last year [10]. - Combined total production volume is projected at 85,050 thousand barrels of oil equivalent, up from 52,541 thousand barrels of oil equivalent in the same quarter last year [11]. Price Estimates - Average prices for hedged natural gas liquids are expected to remain at $18 per barrel, unchanged from the previous year [7]. - Average prices for hedged oil are projected to be $63 per barrel, down from $72 per barrel in the same quarter last year [7][11]. - Average prices for natural gas liquids are estimated at $17 per barrel, a decrease from $18 per barrel reported last year [8]. Market Performance - Diamondback shares have shown a return of +0.1% over the past month, underperforming compared to the Zacks S&P 500 composite's +3.6% change [12].

Core Insights - Red Cat Holdings, Inc. has announced that its FANG™ FPV drone system has been officially added to the Department of War's Blue UAS Cleared List, confirming its compliance with the Pentagon's highest standards for cybersecurity and operational trustworthiness [1][2][3] Group 1: Certification and Compliance - The FANG system's Blue UAS certification allows for streamlined acquisition by the Department of War and other federal agencies without the need for additional cybersecurity approvals or sourcing waivers, ensuring full compliance with NDAA Section 848 [2][3] - The certification validates the hardware and engineering of the FANG system, making it easier for defense and security customers to procure a fully approved, low-cost, American-made FPV drone [3][4] Group 2: Product Availability and Development - The FANG F7 is available for direct purchase or through approved government procurement channels, with additional models in development to enhance capabilities while maintaining compliance with Department of War procurement requirements [5] - The full FANG system includes four UMAC components, providing users with a compliant, government-cleared platform available as a complete system or modular DIY kit [4]

Core Insights - Diamondback Energy (FANG) is scheduled to report its third-quarter 2025 results on November 3, with an expected earnings per share (EPS) of $2.79 and revenues of $3.4 billion [1][9] Group 1: Previous Performance - In the second quarter, Diamondback reported adjusted EPS of $2.67, exceeding the Zacks Consensus Estimate of $2.63, with revenues of $3.7 billion, surpassing estimates by 11.8% [2] - The company has beaten the Zacks Consensus Estimate in three of the last four quarters, with the most recent estimate for the third quarter revised upward by 2.6%, indicating a year-over-year decline of 17.5% in EPS but a revenue increase of 29.1% [3] Group 2: Operational Factors - Diamondback holds over 850,000 net acres in the Delaware and Midland regions, with nearly 9,600 drilling locations and production exceeding 900,000 barrels of oil equivalent per day [4] - The recent $26 billion acquisition of Endeavor Energy enhances Diamondback's position in the Permian Basin, providing access to high-quality acreage and lower production costs [5] - The company is expected to benefit from increased production in the third quarter, with an average volume forecasted at 904,988.8 BOE/d, reflecting a 58.5% increase from the previous year's level of 571,098 BOE/d [6] Group 3: Earnings Outlook - The company's earnings model suggests a likely earnings beat, supported by a positive Earnings ESP of +4.26% and a Zacks Rank of 3 [7]