European Investor
09 Oct 2025, 20:12
Diamondback Energy Reports Q3 2025 Derivative Gains and Realized Prices
Diamondback Energy (NASDAQ: FANG) reported its preliminary financial highlights for the third quarter of 2025, including realized commodity prices and derivative results. The company’s unhedged realized prices averaged $64.60 per barrel of oil, $0.75 per Mcf of natural gas, and $17.28 per barrel of natural gas liquids (NGLs). With hedges included, realized prices averaged $63.70 per barrel of oil and $1.75 per Mcf of natural gas.
Diamondback anticipates a total derivative gain of $120 million for the quarter, including $60 million in non-cash gains and $60 million in net cash settlements. This includes a $15 million realized loss related to the early termination of $150 million in interest rate swaps, which the company plans to exclude from its return of capital calculation.
The company reported 288.8 million basic and diluted weighted average shares outstanding for the quarter. Diamondback noted that the figures reflect preliminary results ahead of its full quarterly earnings release.
Diamondback Energy (NASDAQ: FANG) reported its preliminary financial highlights for the third quarter of 2025, including realized commodity prices and derivative results. The company’s unhedged realized prices averaged $64.60 per barrel of oil, $0.75 per Mcf of natural gas, and $17.28 per barrel of natural gas liquids (NGLs). With hedges included, realized prices averaged $63.70 per barrel of oil and $1.75 per Mcf of natural gas.
Diamondback anticipates a total derivative gain of $120 million for the quarter, including $60 million in non-cash gains and $60 million in net cash settlements. This includes a $15 million realized loss related to the early termination of $150 million in interest rate swaps, which the company plans to exclude from its return of capital calculation.
The company reported 288.8 million basic and diluted weighted average shares outstanding for the quarter. Diamondback noted that the figures reflect preliminary results ahead of its full quarterly earnings release.
