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Shale producer Diamondback misses fourth-quarter profit estimates

ReutersFeb 23, 2026 9:03 PM

- Diamondback Energy FANG.O fell short of Wall Street expectations for fourth-quarter profit on Monday, as the U.S. shale producer struggled with weaker oil prices

The Midland, Texas-based company posted an adjusted profit of $1.74 per share for the three months ended December 31, compared with analysts' expectations of $2.08 per share, according to data compiled by LSEG.

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