Previous Close | 6.00 |
Open | N/A |
Bid | 2.80 |
Ask | 4.10 |
Strike | 105.00 |
Expire Date | 2026-01-16 |
Day's Range | 6.00 - 6.00 |
Contract Range | N/A |
Volume | |
Open Interest | 1 |
Insights into Diamondback's First Quarter Financial and Operational Results
Diamondback Energy reported better-than-expected first-quarter earnings and revenue late Tuesday. FANG shares angled lower after the market closed.
Diamondback Energy beat first quarter profit estimates on Tuesday as the oil and gas firm benefited from higher oil production and better prices. Crude oil prices in the quarter mirrored the previous year as production cuts by OPEC+ countries offset lower demand, helping oil producers like Diamondback Energy. Quarterly oil production was at 24.8 millions of barrels (mmbls), up about 10% up from the previous year and prices for oil was up 2.7% at $75.06 per barrel for the same period.