Those investing in Diamondback Energy Inc. will have the opportunity to receive details about the company’s financial health as the 2020 third quarter comes to a close.
The company notified investors it would release the financial results from its third-quarter report after the Stock Market closes on Monday, Nov. 2, the company said in a September release.
In addition to the financial report, the Midland-based company will follow up with a conference call and a webcast scheduled to take place at 8 a.m. CST on Tuesday, Nov. 3, the company said in the release. Those wishing to participate should call 877-440-7573 in the United States or Canada or 253-237-1144 for International calls. The confirmation code for the call is 2493666.
To gain access to a live broadcast about the earnings, log into www.diamondbackenergy.com under Investor Relations on the website. There will be a replay available of the call as well, the company said in the release. A telephonic replay will be available from 11 a.m. Central, Tuesday, Nov. 3 through 11 a.m. Tuesday, Nov. 10. That replay can be accessed by calling 855-859-2056 for the United States and Canada. International parties can call 404-537-3406.
During a third-quarter update, Diamondback Energy said in an Oct. 13 update that it returned to work to stem production declines and stabilize the production base after minimal completion activity in the second quarter to a historic decline as the COVID-19 pandemic impacted the energy sector.
“As expected, production bottomed in the third quarter and is set to rise slightly in the fourth quarter to meet our fourth quarter production target of between 170,000 and 175,000 barrels of oil per day,” Diamondback CEO Travis Stice said the press release reported.
Diamondback is an independent oil and natural gas company focusing its activities in the Permian Basin.