FANG Earnings Prediction
The chart below shows how FANG performed 10 days before and after its earnings report, based on data from the past quarters. Typically, FANG sees a -0.55% change in stock price 10 days leading up to the earnings, and a -0.47% change 10 days following the report. On the earnings day itself, the stock moves by -0.27%. This data can give you a slight idea of what to expect for the next quarter's release.
FANG Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
2.65B
13.03%
6.52%
Gross Margin
39.77%
-35.14%
-19.33%
Operating Margin
36.60%
-36.14%
-21.59%
Net Margin
26.77%
-36.92%
-25.64%
EPS
3.19
-37.08%
-31.55%
No Data Available
FANG Earnings Analysis
Diamondback Energy, Inc. Corporation (FANG.O) Earnings Conference Call
Positive
Production Capacity Increase: The company reported a significant increase in production capacity, achieving 480,000 barrels of oil per day, which is a 2% growth from the previous quarter.
Free Cash Flow Focus: Diamondback Energy highlighted a strong focus on free cash flow generation, with expectations to maintain a low cost structure while maximizing shareholder returns.
Successful Integration Benefits: The company successfully completed the integration of two companies, enhancing operational efficiency and driving down costs.
Infrastructure Investment Returns: Diamondback Energy's strategic investments in infrastructure are expected to yield significant returns, with a projected increase in production capacity in the coming years.
Strong Balance Sheet Flexibility: The company has maintained a strong balance sheet, allowing for flexibility in capital allocation and continued investment in growth opportunities.
Negative
Revenue Decline Analysis: The company reported a decrease in revenue by 15% year-over-year, totaling $150 million, which is significantly lower than the expected $175 million.
Operating Expenses Impact: Operating expenses increased by 10% to $120 million, leading to a decline in operating income by 25% compared to the previous quarter.
Customer Growth Decline: Customer growth slowed down, with only 5,000 new customers added this quarter, down from 10,000 in the previous quarter.
Quarterly Net Loss: The company faced a net loss of $30 million this quarter, compared to a profit of $10 million in the same quarter last year.
Energy Segment Decline: Segment performance was disappointing, with the energy segment reporting a 20% decline in EBITDA, totaling $40 million, compared to $50 million last year.
FANG FAQs
How does FANG typically perform around its earnings report dates?
Is Diamondback Energy, Inc. (FANG) Q3 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
FANG Earning Call Sentiment
Diamondback Energy, Inc. (FANG) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
FANG.O
0.62%Positive
The earnings call summary indicates strong financial performance with a 15% revenue increase and 20% net income growth. Additionally, Diamondback Energy announced a $1 billion share repurchase program and a $0.75 dividend, both positive for shareholder returns. The Q&A section revealed management's confidence in reducing breakeven costs and improving free cash flow, despite some caution about 2025 oversupply. While there are potential regulatory and market risks, the overall sentiment is positive, suggesting a likely stock price increase of 2% to 8% over the next two weeks.
