---
title: "FANG: Q2 2026 saw record production, strong earnings, and expanded capital returns amid higher guidance"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294762245.md"
description: "Record oil and total production drove Q2 2026 net income to $1.88 billion and adjusted EBITDA to $3.55 billion, with robust free cash flow supporting increased shareholder returns and a strengthened balance sheet. Guidance for 2026 production and capital spending was raised.Original document: Diamondback Energy, Inc. [FANG] SEC 8-K Current Report — Aug. 4 2026DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source."
datetime: "2026-08-04T03:05:49.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294762245.md)
  - [en](https://longbridge.com/en/news/294762245.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294762245.md)
generator: "portal-rs"
---

# FANG: Q2 2026 saw record production, strong earnings, and expanded capital returns amid higher guidance

Record oil and total production drove Q2 2026 net income to $1.88 billion and adjusted EBITDA to $3.55 billion, with robust free cash flow supporting increased shareholder returns and a strengthened balance sheet. Guidance for 2026 production and capital spending was raised.

Original document: Diamondback Energy, Inc. \[FANG\] SEC 8-K Current Report — Aug. 4 2026

**Disclaimer**

This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**