04:50 PM EST, 02/24/2025 (MT Newswires) -- Diamondback Energy ( FANG ) reported Q4 earnings late Monday of $3.67 per diluted share, down from $5.34 a year earlier.

Analysts polled by FactSet expected $3.31.

Revenue for the quarter ended Dec. 31 was $3.71 billion, up from $2.23 billion a year earlier.

Analysts surveyed by FactSet expected $3.55 billion.

The company declared a base cash dividend to $1 per share for Q4 2024 from $0.90 for Q3, payable on March 13 to shareholders of record on March 6.

Shares were up nearly 2% in recent after-hours activity.