Diamondback Energy, Inc. Announces Fourth Quarter and Full Year 2025 Financial and Operating Results; Increases Base Dividend

February 23, 2026 - 20:09

Diamondback Energy has released its financial and operating results for the fourth quarter and full year ending December 31, 2025, showcasing robust performance and a commitment to returning capital to shareholders. The independent oil and gas producer highlighted significant operational achievements alongside a strengthened financial position.

For the final quarter of 2025, the company reported average oil production of approximately 512,800 barrels per day, with total production reaching 969,100 barrels of oil equivalent per day. This strong operational output was matched by solid financial metrics. Diamondback generated $2.3 billion in net cash from operating activities, with a key measure of operational cash flow standing at $1.9 billion before working capital adjustments.

The company maintained disciplined spending, with cash capital expenditures for the quarter totaling $943 million. A central announcement from the report is the decision by Diamondback's Board of Directors to increase the Company's base cash dividend. This move underscores management's confidence in the business's sustainable cash flow generation and its ongoing priority of delivering value directly to investors. The dividend increase reflects the firm's financial health and its strategy of balancing reinvestment in its high-quality asset base with consistent shareholder returns. Full details of the new dividend rate will be filed with regulatory authorities.