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Diamondback Energy (CH:7DB)
:7DB
Earnings Data
Report Date
Aug 04, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
2.39Last Year’s EPS
3.74Same Quarter Last Year
Strong Buy
Based on 23 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 05, 2025
|% Change Since: ―
|Next Earnings Date:Aug 04, 2025
Earnings Call Sentiment|Neutral
The earnings call highlights a strategic response to a challenging market environment with significant reductions in capital expenditure and drilling activity while maintaining operational efficiency. However, the call also presents concerns over declining production and increased cost pressures due to tariffs.Company Guidance
During Diamondback Energy's first quarter 2025 earnings call, the company announced a significant reduction in capital expenditure by $400 million, alongside cuts in operational activity, including the reduction of three drilling rigs and one frac spread. Despite these cuts, the company expects only a minimal 1% impact on production for 2025, though a more pronounced decline of 20,000 net barrels per day is anticipated between the second and third quarters. The company is aiming to stabilize production at approximately 485,000 barrels per day by the end of the year. Diamondback also discussed the possibility of reallocating more free cash flow towards share repurchases, especially given current market conditions, and highlighted that any significant increase in activity would require a more favorable oil price environment, specifically in the range of $65 to $70 per barrel. The dialogue underscored concerns about the macroeconomic environment, including the recent OPEC decision, and the maturation of U.S. shale plays, which are expected to impact future production capabilities.Capital Efficiency Improvement
Diamondback Energy reduced its capital expenditure by $400 million while maintaining a relatively stable production impact for 2025. This was achieved through improved capital efficiency and strategic allocation of resources.
Strong Inventory Position
The company emphasized its long inventory length, allowing more insulation from market fluctuations and supporting a robust future production capacity.
Efficiencies in Operations
Average drilling was completed in under eight days per well, with completion efficiencies reaching over 4,000 feet per day, highlighting operational excellence.
Strategic Debt Management
Diamondback repurchased some of its longer-dated notes at well below par value, indicating strategic management of financial resources.
CH:7DB Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CH:7DB Earnings-Related Price Changes
No data currently available
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Diamondback Energy (CH:7DB) report earnings?
Diamondback Energy (CH:7DB) is schdueled to report earning on Aug 04, 2025, TBA Not Confirmed.
What is Diamondback Energy (CH:7DB) earnings time?
Diamondback Energy (CH:7DB) earnings time is at Aug 04, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Diamondback Energy stock?
The P/E ratio of Diamondback is N/A.
What is CH:7DB EPS forecast?
CH:7DB EPS forecast for the fiscal quarter 2025 (Q2) is 2.39.
