Diamondback Energy beats by $0.05, beats on revenue

|About: Diamondback Energy (FANG)|By:, SA News Editor

Diamondback Energy (NASDAQ:FANG): Q4 EPS of $1.56 beats by $0.05.

Revenue of $399.2M (+115.8% Y/Y) beats by $34.49M.

In addition, the company is initiating annual cash dividend of $0.50/share to be payable quarterly beginning with Q1 2018.

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This was corrected on 02/13/2018 at 04:28 PM. Added dividend announcement