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FANG - Latest Diamondback Energy Inc (FANG) Financial Report: How Are They Shaping the Future of Their Industry
Diamondback Energy Inc.
2024-02-23 06:03:21 ET
The company's 2023 financial highlights show a net income of $3.1 billion, an increase in dividends to $3.60 per share, and stock repurchases of $838 million. Their cash operating costs were $10.90 per BOE. Looking ahead, the 2024 capital budget of $2.30 billion to $2.55 billion reflects a focus on drilling, midstream infrastructure, and environmental projects for long-term growth and competitiveness.