Diamondback's (FANG) Q4 Earnings Preview: Things to Consider

Diamondback Energy (FANG) is set to release fourth-quarter results on Feb 20. The current Zacks Consensus Estimate for the to-be-reported quarter is a profit of $4.60 per share on revenues of$2.2 billion.Let’s delve into the factors that might have influenced the Permian-focused oil and gas producer’s performance in the December quarter. But it’s worth taking a look at FANG’s previous-quarter performance first.Highlights of Q3 Earnings & Surprise HistoryIn the last reported quarter, this Midland, TX-based ...