Diamondback energy reports q2 loss per share $15.17

Diamondback energy, inc. announces second quarter 2020 financial and operating results.q2 loss per share $15.17.q2 earnings per share estimate $0.01 -- refinitiv ibes data.q2 2020 average production of 176.3 mbo/d (294.1 mboe/d).qtrly adjusted net income $0.15 per diluted share.diamondback narrowed its full year 2020 guidance for loe to between $4.20 to $4.60 per boe.sees 2020 capital spend in range $1,800 million - $1,900 million.q2 earnings per share view $0.02, revenue view $594.8 million -- refinitiv ibes data.sees 2020 total net production in range of 290.0 mboe/d to 305.0 mboe/d.qtrly total revenues $425 million versus $1,021 million.q2 2020 average realized hedged prices of $35.21 per barrel of oil.q2 2020 average unhedged realized prices of $21.99 per barrel of oil.curtailed 5% of oil production during q2.expected to generate significant free cash flow in second half of 2020 and in 2021 at current forward commodity prices.diamondback energy-3 completion crews working to stem production declines to meet q4 production target between 170,000 and 175,000 barrels of oil/day.
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