BUZZ-Diamondback Energy rises after Q4 profit beats on higher production
ReutersFeb 24, 2025 9:40 PM
Diamondback Energy's FANG.O shares up 1.8% to $158 after market
Company reports adj EPS of $3.64 per share for three months ended December 31 vs est $3.35 per share, according to data compiled by LSEG
Diamondback expects 2025 net production to be between 883,000 boepd and 909,000 boepd
Capital expenditure for 2025 to be between $3.8 billion and $4.2 billion, the mid-point of which is below est $4.15 billion
As of Monday's close, Diamondback shares down 5.3% YTD
Meanwhile, energy stocks edged up at the end of the day, tracking crude prices on fresh U.S. sanctions on Iran O/R
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