Diamondback Energy (FANG) Posts Q4 EPS of $0.32, Sales Beat Views

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Go back to Diamondback Energy (FANG) Posts Q4 EPS of $0.32, Sales Beat Views

Viper Energy Partners LP, a Subsidiary of Diamondback Energy, Inc., Reports Fourth Quarter 2016 Financial and Operating Results

February 14, 2017 4:01 PM EST

MIDLAND, Texas, Feb. 14, 2017 (GLOBE NEWSWIRE) -- Viper Energy Partners LP (NASDAQ: VNOM) ("Viper" or the Company), a subsidiary of Diamondback Energy, Inc. (NASDAQ: FANG) ("Diamondback"), today announced financial and operating results for the fourth quarter ended December 31, 2016.

HIGHLIGHTS

Previously announced Q4 2016 cash distribution of $0.258 per common unitQ4 2016 average daily production of 7,919 boe/d (74% oil), up 27% from Q3 2016 average daily production of 6,255 boe/dQ4 2016 average... More

Diamondback Energy, Inc. Announces Fourth Quarter 2016 Financial and Operating Results

February 14, 2017 4:01 PM EST

MIDLAND, Texas, Feb. 14, 2017 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (Diamondback or the Company) today announced financial and operating results for the fourth quarter ended December 31, 2016.

HIGHLIGHTS

Q4 2016 production of 51.9 Mboe/d (73% oil), up 16% over Q3 2016 and 38% year over yearFull year 2016 production of 43.0 Mboe/d (73% oil), up 30% year over yearQ4 2016 average realized prices were $46.72 per barrel of oil, $2.53 per Mcf of natural gas and $17.70 per... More