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Diamondback Energy Expects Q2 Oil Production Between 866 – 900 Mboepd

ReutersMay 6, 2025 5:24 PM

- Diamondback Energy Inc FANG.O:

  • DIAMONDBACK ENERGY EXPECTS Q2 OIL PRODUCTION BETWEEN 866 – 900 MBOEPD

  • DIAMONDBACK EXPECTS 2026 PRODUCTION GROWTH IF PRICES HIT $65-$70, WITH LOWER OPEC SPARE CAPACITY

  • DIAMONDBACK SAYS NO PRESSURE TO SELL ASSETS; CAN BE PATIENT AMID DOWN CYCLE

  • DIAMONDBACK SAYS $70+ CRUDE A HEALTHY LEVEL TO BRING CAPITAL BACK INTO MARKET

  • DIAMONDBACK SAYS NO PLANS TO EXPAND OUTSIDE THE PERMIAN BASIN

Source text: Q1 Conference Call

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