Diamondback (FANG) Q2 Revenue Jumps 48%
Diamondback Energy (NASDAQ:FANG), an independent oil and gas producer focused on the Permian Basin, released its Q2 2025 earnings results on August 4, 2025. The most notable news was a strong jump in revenue, up 48.2% to $3.68 billion (GAAP) compared to Q2 2024. However, non-GAAP results did not surpass consensus estimates. Non-GAAP earnings per share fell short at $2.67, missing expectations by $0.10 or 3.6% on a non-GAAP basis. Net income (GAAP) dropped compared to the prior-year quarter as lower commodity prices pressured margins. While the quarter highlighted robust operational gains, it also revealed cost headwinds and challenges linked to integration and falling oil and gas prices. Overall, it was a mixed period featuring volume-driven growth but tighter profitability.
Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report.
Diamondback is an independent energy company, operating mainly in the oil-rich Permian Basin located in Texas and New Mexico. Its business is centered on extracting oil and natural gas from shale formations using horizontal drilling and hydraulic fracturing techniques. Diamondback's key strengths include a large position in the Permian, one of the most productive oil areas in the United States.
Source Fool.com
Diamondback Energy Stock
With 69 Buy predictions and 1 Sell predictions Diamondback Energy is one of the favorites of our community.
As a result the target price of 196 € shows a very positive potential of 60.66% compared to the current price of 122.0 € for Diamondback Energy.
