"Diamondback and Chesapeake Outperform Expectations in Q4 Earnings"
TL;DR Summary
Diamondback Energy and Chesapeake Energy both reported quarterly results that exceeded expectations, with Diamondback's adjusted earnings per share of $4.74 beating estimates and Chesapeake's capital expenditures for 2024 coming in below expectations. Diamondback highlighted its merger with Endeavor and its position as the third largest producer in the Permian Basin, while Chesapeake announced a merger with Southwestern.
Topics:business#capital-expenditures#chesapeake-energy#diamondback-energy#energy-finance#mergers#quarterly-results
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