🟢 Diamondback Energy is trading 4.6% up in pre-market after beating Q2 profit expectations

Diamondback Energy is trading 4.6% up now at $196.66 (+4.59%) as investors absorb strong second-quarter results, production above one million barrels of oil equivalent daily, higher 2026 output guidance, and authorization doubled to $16 billion.

• Q2 adjusted EPS reached $6.48, beating expectations; Reuters reported the company exceeded profit expectations.
• Production exceeded 1 million BOE per day for the first time; Reuters reported its annual production forecast was raised.
• Broader markets were only modestly higher on August 10, 2026.