Diamondback Energy Non-GAAP EPS of $3.68 misses by $0.21, revenue of $1.92B beats by $30M
Diamondback Energy press release  (NASDAQ:FANG): Q2  Non-GAAP EPS of $3.68  misses by $0.21.
Revenue of $1.92B (-30.7% Y/Y)  beats by $30M.
Increasing annual base dividend by 5% to $3.36 per share; declared Q2 2023 base cash dividend of $0.84 per share payable on AugustÂ 17, 2023; implies a 2.3% annualized yield based on July 28, 2023 closing share price of $145.64.
Total Q2 2023 return of capital of $473 million from stock repurchases and the declared base dividend; represents ~86% of Q2 2023 Free Cash Flow.