Diamondback Energy (FANG) to Announce Q2 2025 Financial Results and Host Conference Call

MIDLAND, Texas – June 26, 2025 – Diamondback Energy, Inc. (NASDAQ: FANG), a leading independent oil and natural gas company focused on the Permian Basin, today announced its schedule for releasing second quarter 2025 financial results. The company plans to disclose its performance metrics and operational highlights on August 4, 2025, after the market closes.

Following the release of its financial statements, Diamondback Energy will host a conference call on August 5, 2025, at 10:00 AM CT (11:00 AM ET). This call will provide an opportunity for investors, analysts, and interested parties to hear directly from Diamondback's senior management team. The leadership will discuss the company's second-quarter financial and operational results, offer insights into current market conditions, and provide an updated outlook for the remainder of 2025. A question-and-answer session will follow the prepared remarks, allowing participants to engage with management on key topics.

Importance of Q2 2025 Earnings for FANG Investors

The second quarter 2025 earnings report is highly anticipated by the market, particularly given the dynamic landscape of the energy sector. Investors will be closely scrutinizing several key metrics:

• Production Volumes: Details on oil, natural gas, and natural gas liquids (NGL) production will indicate the company's operational efficiency and growth trajectory.
• Realized Prices: The average prices Diamondback achieved for its commodities will be crucial, reflecting the impact of global oil and gas prices on its revenue.
• Operating Costs: Investors will look for trends in lease operating expenses (LOE), gathering and processing costs, and general and administrative (G&A) expenses to assess cost control and profitability.
• Capital Expenditures (CapEx): Updates on drilling and completion activities, as well as any adjustments to the full-year capital budget, will be important for understanding future production capacity and cash flow.
• Free Cash Flow (FCF): The generation of free cash flow is a critical indicator of financial health and the company's ability to fund dividends, share buybacks, or debt reduction.
• Shareholder Returns: Any announcements regarding dividends or share repurchase programs will be of significant interest to shareholders.

Market Context and Industry Outlook

Diamondback Energy operates primarily in the Permian Basin, one of the most prolific oil-producing regions in the world. The company's performance is heavily influenced by global crude oil and natural gas prices, as well as domestic supply and demand dynamics. In the lead-up to Q2 2025, the energy market has seen fluctuations driven by geopolitical events, OPEC+ decisions, and global economic growth forecasts. Analysts will be keen to understand how these macro factors have impacted Diamondback's operations and financial results.

Furthermore, the broader energy industry continues to navigate pressures related to energy transition, supply chain constraints, and inflationary pressures. Diamondback's ability to maintain efficient operations and generate strong returns in this environment will be a key focus. The company's hedging strategies, if any, will also be reviewed to understand how it manages commodity price volatility.

Investment Insights and What to Watch

For current and prospective investors in FANG, the upcoming earnings call offers several actionable insights:

• Guidance Update: Pay close attention to any revisions in full-year 2025 production or capital expenditure guidance. This will provide a forward-looking perspective on the company's operational plans.
• Capital Allocation Strategy: Listen for management's commentary on capital allocation priorities, including debt reduction, shareholder returns, and potential M&A opportunities.
• Operational Efficiencies: Details on drilling efficiencies, well productivity, and cost management initiatives can highlight the company's competitive advantages.
• Permian Basin Activity: Insights into Diamondback's activity levels and future development plans within the Permian Basin will be crucial for assessing long-term growth potential.

Investors can access the live webcast of the conference call and the accompanying investor presentation through the "Investors" section of Diamondback Energy's website at www.diamondbackenergy.com. A replay of the webcast will also be available on the website following the conclusion of the call. This earnings release and subsequent conference call are pivotal events for understanding Diamondback Energy's financial health and strategic direction in the evolving energy market.