US operator slashes production guidance, spending amid oil price headwinds

Diamondback Energy says second quarter output could fall by 44%

Diamondback Energy chief executive Travis Stice. — Diamondback Energy chief executive Travis Stice.Photo: PHIL MCCARTEN/CORPORATEEVENTIMAGES/UPSTREAM

Robert Stewart

North America Energy CorrespondentHouston

Published 6 May 2025, 00:08Updated 6 May 2025, 07:36

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