The company said its unhedged average realized prices for Q4 2023 were $76.42 per barrel of oil, $1.29 per Mcf of natural gas and $19.96 per barrel of NGLs.

1. 01

   The company said its unhedged average realized prices for Q4 2023 were $76.42 per barrel of oil, $1.29 per Mcf of natural gas and $19.96 per barrel of NGLs.

2. 02

   Diamondback said its average realized hedged prices for Q4 2023 were $75.59 per barrel of oil, $1.31 per Mcf of natural gas and $19.96 per barrel of NGLs. The hedged prices include cash settlements on matured commodity derivatives and exclude gains or losses from early settlement of commodity derivative contracts.

3. 03

   Diamondback said it anticipates a net loss on cash settlements for derivative instruments of $48 million and a net gain on non-cash derivative instruments of $147 million for Q4 2023. The table shows a total (gain) loss on derivative instruments, net of $99 and total cash settlements of $(48) (in millions).

4. 04

   The company said its basic and diluted weighted average shares outstanding were both 178,811 (in thousands) for the 3 months ended December 31, 2023.

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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