Earnings
Diamondback CEO Says Its Chemical Oil Recovery Push Is At The 'First Pitch'
Kaes Van't Hof puts spending on the technology at $50 million to $100 million and says more money follows only if returns beat drilling.
Diamondback Energy (FANG) news from Bullished: SEC filings, earnings, insider trades and deals, explained in plain English with links to the source documents.
Earnings
Kaes Van't Hof puts spending on the technology at $50 million to $100 million and says more money follows only if returns beat drilling.
SEC Filings
The Permian producer also raised its 2026 oil output guidance to about 524,000 barrels a day and nudged up its capital budget.
Earnings
The Permian producer expects a $97 million cash loss on derivative settlements, plus an $85 million non-cash loss, for the quarter.