FANG

In November 2025, Diamondback Energy held its Third Quarter 2025 Earnings call. On February 23, 2026, the company announced its Fourth Quarter and Full Year 2025 results, increasing its annual base dividend by 5% to $4.20 per share and repurchasing 2.90 million shares for approximately $434 million. On May 4, 2026, Diamondback Energy reported strong First Quarter 2026 earnings, but the stock declined following the announcement. The company reported a $1.4 billion non-cash impairment and raised its quarterly dividend to $1.10 per share, repurchasing 3.3 million shares for approximately $548 million. Geopolitical conflicts in the Middle East have contributed to higher energy prices, which generally benefit energy producers like Diamondback Energy.