Diamondback Energy Non-GAAP EPS of $3.63 beats by $0.27, revenue of $2.02B beats by $340M
Diamondback Energy press release
(NASDAQ:FANG): Q4 Non-GAAP EPS of $3.63  beats by $0.27.
Revenue of $2.02B (+162.7% Y/Y)  beats by $340M.
Average production of 226.3 MBO/d (387.1 MBOE/d)
Permian Basin production of 224.4 MBO/d (383.5 MBOE/d)
Cash capital expenditures of $434 million; Q4 2021 activity-based capital expenditures incurred of approximately $427 million


2022 GUIDANCE HIGHLIGHTS

Full year 2022 oil production guidance of 218 - 222 MBO/d (369 - 376 MBOE/d)
Full year 2022 cash CAPEX guidance of $1.75 - $1.90 billion
Assuming current strip commodity prices and the midpoint of Diamondback's production and operating cost guidance, the Company expects to generate approximately $5.8 billion of net cash provided by operating activities in 2022
Q1 2022 oil production guidance of 218 - 222 MBO/d (369 - 376 MBOE/d)
Q1 2022 cash CAPEX guidance of $435 - $475 million