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Shale producer Diamondback misses estimate for quarterly profit
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Shale producer Diamondback misses estimate for quarterly profit
Aug 4, 2025 1:19 PM

Aug 4 (Reuters) - Diamondback Energy ( FANG ) missed

analysts' estimate for second-quarter profit on Monday, as the

shale producer took a hit from a decline in crude prices.

The Midland, Texas-based company posted an adjusted profit

of $2.67 per share for the quarter ended June 30, compared with

analysts' average estimate of $2.82, according to data compiled

by LSEG.

(Reporting by Arunima Kumar in Bengaluru; Editing by Sriraj

Kalluvila)

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