SynMax Research:
SynMax Research:
Diamondback Energy (FANG)
Diamondback’s average lateral length is expected to be up 6% YOY in 2026. The company’s Q4 2025 natural gas production was 1.32 Bcf/d, in line with midpoint guidance.
The company issued full year 2026 production guidance. The company’s oil production is expected to be higher YOY by 1.6% from 497,200 Barrels/day in 2025 to 505,000 Barrels/day in 2026.
Ovintiv (OVV)
Ovintiv announced the planned sale of its Anadarko assets for total cash proceeds of $3.0 billion. The Anadarko sale is expected to close on April 1, 2026. The NuVista Energy acquisition closed on February 3, 2026.
For 2025, Ovintiv showed a 4% improvement in CapEx efficiency over expectations. The company’s Q4 2025 natural gas production was 1.91 Bcf/d, slightly higher than midpoint guidance of 1.9 Bcf/d.
Ovintiv issued full year 2026 production guidance. The company's 2026 natural gas production is expected to be 2.05 Bcf/d up from 1.86 Bcf/d in 2025. After adjusting for the NuVista acquisition and the Anadarko divestitures, the company’s 2026 production is expected to be slightly higher YOY.
