StockWatch
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Oil & Gas Production
Quarterly ResultJul 13, 2026, 04:07 PM

Diamondback Energy Q2 2026 Unhedged Oil Price $96.82/Bbl

AI Summary

Diamondback Energy, Inc. reported its second quarter 2026 realized prices, derivative activity, and weighted average shares outstanding. The company achieved an average unhedged realized oil price of $96.82 per barrel, while natural gas was $(2.15) per Mcf and NGLs were $18.56 per barrel. For the quarter, Diamondback anticipates a net gain of $113 million on cash settlements for derivative instruments. Basic and diluted weighted average shares outstanding stood at 281,202 thousand.

Key Highlights

  • Q2 2026 average unhedged realized oil price was $96.82 per barrel.
  • Q2 2026 average unhedged realized natural gas price was $(2.15) per Mcf.
  • Q2 2026 average unhedged realized NGLs price was $18.56 per barrel.
  • Q2 2026 average hedged realized oil price was $94.33 per barrel.
  • Q2 2026 net gain on cash settlements for derivative instruments was $113 million.
  • Q2 2026 basic and diluted weighted average shares outstanding were 281,202 thousand.