Diamondback Energy beats first-quarter profit estimates
ReutersMay 5, 2025 8:04 PM
May 5 (Reuters) - U.S. shale producer Diamondback Energy FANG.O beat estimates for first-quarter profit on Monday, as the company benefited from higher natural gas prices.
The company reported an adjusted profit of $4.54 per share for the quarter ended March 31, compared with analysts' average estimate of $4.13, according to data compiled by LSEG.
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