Diamondback Energy (FANG) Declares $0.50 Quarterly Dividend; 1.8% Yield
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Diamondback Energy, Inc. Announces Third Quarter 2021 Financial and Operating Results; Increases Dividend
November 1, 2021 4:01 PM EDTMIDLAND, Texas, Nov. 01, 2021 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (Diamondback or the Company) today announced financial and operating results for the third quarter ended September 30, 2021.
THIRD QUARTER 2021 HIGHLIGHTS
Q3 2021 average production of 239.8 MBO/d (404.3 MBOE/d)Q3 2021 Permian Basin production of 223.0 MBO/d (374.3 MBOE/d)Q3 2021 cash flow from operating activities of $1,199 million; Operating Cash Flow Before Working Capital Changes (as defined and reconciled below) of $1,131 millionQ3 2021 cash capital expenditures of... More