Shale producer Diamondback Energy tops third-quarter profit estimates
ReutersNov 3, 2025 9:04 PM
Nov 3 (Reuters) - U.S. shale producer Diamondback Energy FANG.O surpassed Wall Street expectations for third-quarter profit on Monday, as higher output helped offset weaker oil prices.
The Midland, Texas-based company posted an adjusted profit of $3.08 per share for the three months ended September 30, compared with analysts' average expectations of $2.93 per share, according to data compiled by LSEG.
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