| FANG |
Report |
Adjusted EPS (Q2 2026) |
BEAT |
pred ~$6.28 vs. cons $6.08 |
MEDIUM |
| FANG |
Report |
Oil production (Q2 2026) |
IN-LINE |
pred ~524 Mbo/d vs. cons 521 Mbo/d |
MEDIUM |
| FANG |
Report |
Adjusted free cash flow (Q2 2026) |
IN-LINE |
pred ~$2.03B vs. cons $2.05B |
LOW |
| FANG |
Guide |
Oil production guidance (Q3 2026) |
LOWER |
guide ~520 Mbo/d vs. cons 524 Mbo/d (Q3 2026) |
MEDIUM |
| FANG |
Guide |
Oil production guidance (FY2026) |
LOWER |
guide ~520 Mbo/d vs. cons 522 Mbo/d (FY2026) |
MEDIUM |
| FANG |
Guide |
Capital expenditures guidance (FY2026) |
UNCHANGED |
guide ~$3.90B vs. cons $3.90B (FY2026) |
MEDIUM |
| FANG |
Return |
Day-1 residual (stock − beta × S&P 500) |
-2.6% |
— |
MEDIUM |
| FANG |
Return |
5-day cumulative residual |
-4.2% (FOLLOW-THROUGH) |
A largely pre-disclosed Q2 earnings beat is outweighed by Q3 oil guidance of ~520 Mbo/d versus 524 Mbo/d consensus and FY2026 guidance of ~520 Mbo/d versus 522 Mbo/d consensus; the implied second-half volume softness and unchanged ~$3.90B capex versus $3.90B consensus pull out-period estimates lower after the headline beat. |
MEDIUM |