What’s in the Cards for Diamondback (FANG) in Q2 Earnings? – Investing.com

What’s in the Cards for Diamondback (FANG) in Q2 Earnings? – Investing.com

Diamondback (NASDAQ:) Energy, Inc. FANG is set to release second-quarter 2021 results on Monday Aug 2, after the closing bell.

The current Zacks Consensus Estimate for the to-be-reported quarter's earnings is pegged at $2.27 per share and the same for revenues stands at $1.36 billion.

Against this backdrop, let's consider the factors that are likely to impact the company's June-quarter results.