Diamondback Energy(FANG) - 2024 Q1 - Quarterly Results

Exhibit 99.1 DIAMONDBACK ENERGY, INC. ANNOUNCES FIRST QUARTER 2024 FINANCIAL AND OPERATING RESULTS Midland, TX (April 30, 2024) - Diamondback Energy, Inc. (NASDAQ: FANG) ("Diamondback" or the "Company") today announced financial and operating results for the first quarter ended March 31, 2024. FIRST QUARTER 2024 HIGHLIGHTS OPERATIONS UPDATE The tables below provide a summary of operating activity for the first quarter of 2024. Total Activity (Gross Operated): | | Number of Wells Drilled | Number of Wells Co ...