Shale producer Diamondback misses estimate for quarterly profit
ReutersAug 4, 2025 8:04 PM
Aug 4 (Reuters) - Diamondback Energy FANG.O missed analysts' estimate for second-quarter profit on Monday, as the shale producer took a hit from a decline in crude prices.
The Midland, Texas-based company posted an adjusted profit of $2.67 per share for the quarter ended June 30, compared with analysts' average estimate of $2.82, according to data compiled by LSEG.
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