Diamondback Energy, Inc. Announces Fourth Quarter and Full Year 2023 Financial and Operating Results
During the fourth quarter of 2023, Diamondback drilled 80 gross wells in the Midland Basin and four gross wells in the Delaware Basin.
- During the fourth quarter of 2023, Diamondback drilled 80 gross wells in the Midland Basin and four gross wells in the Delaware Basin.
- Diamondback's fourth quarter 2023 net income was $960 million, or $5.34 per diluted share.
- Fourth quarter 2023 net cash provided by operating activities was $1.6 billion.
- Fourth quarter 2023 Consolidated Adjusted EBITDA (as defined and reconciled below) was $1.7 billion.