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Diamondback Energy beats fourth-quarter profit estimates

ReutersFeb 24, 2025 9:03 PM

- U.S. shale producer Diamondback Energy FANG.O surpassed Wall Street expectations for fourth-quarter profit on Monday, helped by higher production.

The Texas-based company posted an adjusted profit of $3.64 per share for the three months ended December 31, compared with analysts' estimates of $3.35 per share according to data compiled by LSEG.

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