Latest Diamondback Energy (NASDAQ:FANG) News

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Diamondback’s cash engine funds a bigger Permian ambition

Diamondback raises dividend and production guidance after US$2.1 billion free cash flow

Diamondback Energy delivered a strong third quarter, pairing US$2.1 billion in free cash flow with a higher dividend and increased 2026 production guidance. The company is also expanding its Permian gas exposure as it prepares for higher capital spending and a more infrastructure-heavy growth strategy.

Victor Sage

3 Nov 2026