Diamondback Reports Second-Quarter Average Realized Natgas Price of 10 Cents Per Mcf

U.S. oil and gas producer Diamondback Energy’s average unhedged realized price for natural gas was 10 cents per thousand cubic feet (Mcf) in the second quarter, the company said in a regulatory filing on Thursday. Natural gas prices have fallen in the reported quarter, hurt by a lower demand forecast, high output and excess inventories, … Read more