Diamondback Energy, Inc. reported preliminary second-quarter 2026 operating and financial data on July 13, 2026, providing investors with an early look at realized commodity prices, derivative settlements and share-count information for the quarter ended June 30, 2026. The Midland, Texas-based oil and gas producer said its average unhedged realized prices for the quarter were $96.82 per barrel of oil, negative $2.15 per Mcf of natural gas and $18.56 per barrel of natural gas liquids. After the effect of commodity derivative settlements, Diamondback’s average realized hedged prices were $94.33 per barrel of oil, negative $0.34 per Mcf of natural gas and $18.56 per barrel of natural gas liquids. The company also disclosed derivative activity for the quarter. Diamondback expects to report a net gain on cash settlements for derivative instruments of $113 million, including $1 million of cash received on commodity contracts terminated before their contractual maturity. It also anticipates a net non-cash loss on derivative instruments of $64 million. Diamondback noted that its hedged realized prices include gains and losses from cash settlements of matured commodity derivatives, which it does not designate for hedge accounting, but exclude gains or losses from early settlements of derivative contracts. For share-count purposes, Diamondback reported basic weighted average shares outstanding of 281.202 million for the second quarter of 2026. The document also referenced diluted weighted average shares outstanding, but the diluted figure was not visible in the provided filing text. The filing was made under Item 2.02, “Results of Operations and Financial Condition,” and does not report an insider transaction, securities purchase or sale, option exercise, vesting event, or change in beneficial ownership. Instead, it gives market participants selected quarterly metrics ahead of or alongside broader earnings reporting. The data is significant because realized prices and derivative settlements can materially affect Diamondback’s reported revenue, cash flow and earnings in a volatile commodity-price environment.