Diamondback Energy (NASDAQ:FANG) reported quarterly earnings of $5.62 per share which beat the analyst consensus estimate of $5.22 by 7.66 percent. This is a 54.82 percent increase over earnings of $3.63 per share from the same period last year. The company reported quarterly sales of $2.03 billion which missed the analyst consensus estimate of $2.09 billion by 2.87 percent. This is a 0.40 percent increase over sales of $2.02 billion the same period last year.
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