Diamondback Energy reported net income of $1.1 billion for Q4 2024, or $3.67 per diluted share. For the full year, net income was $3.3 billion, or $15.53 per diluted share. Adjusted net income for the full year was $3.6 billion, or $16.57 per diluted share.

1. 01

   Diamondback Energy reported net income of $1.1 billion for Q4 2024, or $3.67 per diluted share. For the full year, net income was $3.3 billion, or $15.53 per diluted share. Adjusted net income for the full year was $3.6 billion, or $16.57 per diluted share.

2. 02

   The company reported net cash provided by operating activities of $2.3 billion for Q4 2024 and Free Cash Flow of $1.3 billion. For the full year, net cash provided by operating activities was $6.4 billion and Free Cash Flow was $3.6 billion.

3. 03

   Diamondback said it repurchased 2,326,247 shares for $402 million, excluding excise tax, during Q4 2024 and declared a base cash dividend of $1.00 per share for the quarter. Total return of capital for the quarter was $694 million.

4. 04

   The company provided full-year 2025 oil production guidance of 485 to 498 MBO/d and cash capital expenditures guidance of $3.8 to $4.2 billion. The company said this guidance gives effect to the pending Double Eagle acquisition from April 1, 2025 onward.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. 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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