What move does the options market price into Diamondback Energy's report?

Implied ±14.8%, either direction · provisional.

How often does Diamondback Energy move more than the options market prices?

0 of the last 8 reports moved at least as far as the implied move.

FANGNasdaqCrude Petroleum & Natural Gas

Diamondback Energy, Inc. (FANG) earnings date, market-implied expected move, and options open interest by expiry

179.83

−3.05 · −1.67%

post 182.60 +1.54%

Closed19:53 ET

Open182.57Volume3.5MMkt cap$51.1BP/E24.58EPS7.43Div yield2.32%

Day179.58 – 186.5643%52-wk133.81 – 216.9059%

FANG

Diamondback Energy, Inc.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±14.8%implied · straddle

152.97206.19

spot 179.58exp Mar 19ATM strike 180ATM straddle 31.30IV 37%

Nov 5 closeprovisional

Expected move

Inputs

Next report

Feb 22

after close · in 108 days

est.Q4 FY26

Calendar

Next report

Last report

−3.70%

vs ±6.0% implied · ×0.61

shaded = implied · ▲▼ = realized

Nov 2 '26 · confirmed

Implied vs realized

Linked news

1dVNOM · customerViper Energy posts net income attributable of $140 million; royalty income $656 million

News

Largest filed tie

13F top-10 QoQ

+12.25%

shares held · 10 largest managers

13F · Jun 30 '26129d lag

1,200 managers

Top fund weight

2.05%

FANG weight · XLE

N-PORTJun 30 '26

11 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

Diamondback Energy (FANG) is expected to report on Feb 22 after close (estimated date).

Implied vs realized

8 reports

0 of 8≥ implied

avg implied: ±5.2%
avg realized: ±2.0%

Jan 12 '26Jan 12 '26confirmed±7.0%▲+2.47%×0.35

Feb 23 '26Feb 23 '26confirmed±7.3%▼−0.75%×0.10

Q1 FY26Apr 13 '26confirmed±2.9%▼−1.37%×0.47

May 4 '26May 4 '26confirmed±5.6%▼−3.51%×0.62

Q2 FY26Jul 13 '26confirmed±3.1%▼−0.47%×0.15

Aug 3 '26Aug 3 '26confirmed±6.3%▼−3.46%×0.55

Q3 FY26Oct 8 '26confirmed±3.5%▲+0.23%×0.07

Nov 2 '26Nov 2 '26confirmed±6.0%▼−3.70%×0.61

quarterimplied−10%0+10%realized×

Nov '26±6.0%▼−3.70%×0.61

Q3 FY26±3.5%

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 4 expiries · Nov 5 close

0.21OI · 4 expiries · Nov 5 closeP/C open interest · Mar 19 · first expiry after the report

PUTS · chgexpiry · days · P/CCALLS · chgP/C

2,743+2%Nov 2014d0.564,9230%0.56

4,367+2%Dec 1842d0.676,515+1%0.67

8,5160%Jan 1570d0.5615,0910%0.56

report · Feb 22 · after close · est.

989+4%Mar 19133d4,7480%

ExpiryPutsCallsP/C

Nov 2014d2,743+2%4,9230%0.56

Dec 1842d4,367+2%6,515+1%0.67

Jan 1570d8,5160%15,0910%0.56

report · Feb 22 · after close · est.

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

scenario · straddle±14.8%

Funds 4

XLE±0.3%

GLO±0.2%

QQQ±0.0%

RSP±0.0%

Dashed = straddleMethod 2 more funds Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

as filedQ3 FY26

32.61%as filednet margin · revenue −2.36% QoQ · +38.40% YoY

Revenue

$5.4B−2.36% QoQ

Gross profit

$4.2B−11.06% QoQ

77.28% margin

Operating income

$2.5B−0.48% QoQ

46.03% margin

Pre-tax income

$2.3B−13.78% QoQ

Net income

$1.8B−13.82% QoQ

32.61% margin

Cost of revenue

$1.2B+46.38% QoQ

Operating expenses

$1.7B−23.11% QoQ

Depreciation $1.3B

Marketing $287M

SG&A $90M

Other expense

$228M

Tax

$501M−13.62% QoQ

Revenue$5.4B−2.36%

Gross profit

$4.2B−11.06%

77.28% margin

Operating income

$2.5B−0.48%

46.03% margin

Pre-tax income

$2.3B−13.78%

Net income

$1.8B−13.82%

32.61% margin

Cost of revenue

$1.2B+46.38%

Operating expenses

$1.7B−23.11%

Depreciation $1.3B

Marketing $287M

SG&A $90M

Other expense

$228M

Tax$501M−13.62%

flow · deduction · signed % = QoQSource: SEC filings · standardized · QE Sep 30 '26 · width = $

Revenue flow

Intraday

15m bars

Long dash = implied range · Nov 5 close · Hatch = extended hours · ▯ up · ▮ down · bars = volume, 15mSource: market data · 19:45 ET

Intraday

Event sensitivity

FOMC ×1.23· ±1.9% vs ±1.5% · 24 releases

eventrelease day|move|up · n×base

FOMCrate decision±1.9%13 of 24×1.23

NFPjobs report±1.6%3 of 10×1.05

PPIproducer prices±1.5%6 of 11×0.97

CPIconsumer prices±1.2%5 of 11×0.82

PCEpersonal income & outlays±1.2%8 of 20×0.81

GDPgross domestic product±1.0%11 of 20×0.68

CPROFcorporate profits±0.8%5 of 12×0.52

Bar = avg |move| to ±2% · tick = ±1.5% avg day · ×base = |move| ÷ ±1.5% · min 6 releases

Earnings history

EPS 5.69 · consensus —

Quarter	Reported	EPS	Consensus
Q3 FY26	Oct 8 '26 · confirmed	5.69	—
Q2 FY26	Jul 13 '26 · confirmed	6.65	—
Q1 FY26	Apr 13 '26 · confirmed	0.08	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod