Diamondback: Q4 Earnings Snapshot
MIDLAND, Texas — MIDLAND, Texas — Diamondback Energy Inc. (FANG) on Monday reported fourth-quarter net income of $1.07 billion.
The Midland, Texas-based company said it had net income of $3.67 per share. Earnings, adjusted for non-recurring gains, were $3.64 per share.
The results exceeded Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $3.26 per share.
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