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Sohini Mondal

What You Need To Know Ahead of Diamondback Energy's Earnings Release

Diamondback Energy Diamondback FANG

With a market cap of $41.1 billion, Diamondback Energy, Inc. (FANG) is an independent oil and natural gas exploration and production company, primarily focused on the Permian Basin. The company drives growth through acquisitions and active drilling in this prolific, low-cost shale region spanning West Texas and southeastern New Mexico.

The Midland, Texas-based company is expected to announce its fiscal Q3 2025 results after the market closes on Monday, Nov. 3. Ahead of this event, analysts expect Diamondback Energy to report an adjusted EPS of $2.74, down 18.9% from $3.38 in the previous year's quarter. It has surpassed Wall Street's bottom-line estimates in three of the past four quarters while missing on another occasion. 

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