Diamondback Q1 2026 Oil and Gas Prices and Derivative Gains
In a regulatory filing, the company states: "Q1 average unhedged realized prices were $73.47 per barrel of oil, $0.18 per Mcf of natural gas and $16.68 per barrel of natural gas liquids ("NGLs"). First quarter 2026 average realized hedged prices were $72.53 per barrel of oil, $1.90 per Mcf of natural gas and $16.68 per barrel of NGLs. For the first quarter of 2026, Diamondback anticipates a net gain on cash settlements for derivative instruments of $133 million and a net non-cash loss on derivative instruments of $16 million ."