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Diamondback’s cash engine funds a bigger Permian ambition

8:06am on Tuesday 3rd of November, 2026 AEDT • Oil and Gas
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Diamondback’s cash engine funds a bigger Permian ambition

8:06am on Tuesday 3rd of November, 2026 AEDT
Key Points
  • US$1.603 billion in GAAP net income attributable to shareholders
  • US$2.1 billion in third-quarter free cash flow, a non-GAAP measure
  • Annual base dividend lifted 7.3% to US$4.72 per share
  • 2026 oil production guidance raised to approximately 524,000 barrels per day
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