04:33 PM EDT, 05/05/2025 (MT Newswires) -- Diamondback Energy ( FANG ) reported Q1 earnings late Monday of $4.83 per diluted share, up from $4.28 a year earlier.

Analysts polled by FactSet expected $4.30.

Revenue for the quarter ended March 31 was $4.05 billion, up from $2.23 billion a year earlier.

Analysts surveyed by FactSet expected $4.05 billion.

The company declared a base cash dividend of $1 per share, payable on May 22 to shareholders of record on May 15.