Diamondback Energy (FANG) Tops Q2 EPS by 38c
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Diamondback Energy (FANG) Increases Share Buyback to $4B, Reports Q2 Results
August 1, 2022 4:02 PM EDTDiamondback Energy, Inc. (NASDAQ: FANG) today announced financial and operating results for the second quarter ended June 30, 2022.
SECOND QUARTER 2022 HIGHLIGHTS
Average production of 221.1 MBO/d (380.5 MBOE/d)Cash flow from operating activities of $1.7 billion; Operating Cash Flow Before Working Capital Changes (as defined and reconciled below) of $1.8 billionCash capital expenditures of $468 millionFree Cash Flow (as defined and reconciled below) of $1.3 billionAs previously announced,... More