Diamondback Energy (FANG) Financials: History & Chart

Diamondback Energy, Inc. (FANG)FANGDiamondback Energy, Inc.

About Diamondback Energy, Inc.

Diamondback Energy, Inc. operates as an independent enterprise focused on oil and natural gas. Its core business involves the acquisition, development, exploration, and production of unconventional and onshore hydrocarbon reserves, predominantly located within the Permian Basin across West Texas and New Mexico. The company's development efforts primarily target significant geological formations, including the Spraberry and Wolfcamp in the Midland Basin, as well as the Wolfcamp and Bone Spring within the Delaware Basin – both crucial components of the broader Permian. As of December 31, 2021, Diamondback Energy's asset base included approximately 524,700 gross acres under its control in the Permian Basin. At that time, its estimated proved oil and natural gas reserves amounted to 1,788,991 thousand barrels of crude oil equivalent. The company also maintained working interests in 5,289 gross producing wells and held royalty interests in an additional 6,455 wells. Beyond its direct well operations, Diamondback Energy possesses mineral interests spanning roughly 930,871 gross acres and 27,027 net royalty acres across the Permian Basin and the Eagle Ford Shale. Furthermore, it manages a portfolio of midstream infrastructure, owning, operating, developing, and acquiring assets such as 866 miles of crude oil gathering pipelines, natural gas gathering pipelines, and an integrated water system within the Midland and Delaware Basins of the Permian. Established in 2007, Diamondback Energy, Inc. is headquartered in Midland, Texas.

Midland, TX

1,762 employees

www.diamondbackenergy.com

Energy / Oil & Gas Exploration & Production

Sector: Energy
Industry: Oil & Gas Exploration & Production
CEO: Matthew Kaes Van't Hof

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Financials

SEC Filings

Quarterly Income Statement (USD)

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Quarterly Report	TTM	Quarter ended Jun 2026	Quarter ended Mar 2026	Quarter ended Dec 2025	Quarter ended Sep 2025	Quarter ended Jun 2025	Quarter ended Mar 2025	Quarter ended Dec 2024	Quarter ended Sep 2024
Revenue	17.10B	5.56B	4.24B	3.38B	3.92B	3.65B	4.03B	3.70B	2.64B
Cost of Goods Sold	9.50B	3.05B	1.33B	2.56B	2.56B	2.39B	2.22B	2.18B	1.59B
Gross Profit	7.60B	2.51B	2.91B	820.00M	1.36B	1.26B	1.81B	1.52B	1.05B
Gross Profit Margin	44.5%	45.2%	68.7%	24.3%	34.6%	34.6%	45.0%	41.1%	39.8%
Total Operating Expenses	2.87B	0.00	2.80B	-50.00M	123.00M	125.00M	141.00M	108.00M	339.00M
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Selling, General & Administrative	299.00M	72.00M	79.00M	78.00M	70.00M	67.00M	73.00M	72.00M	49.00M
Operating Income (EBIT)	4.73B	2.51B	116.00M	870.00M	1.24B	1.14B	1.67B	1.41B	710.00M
Operating Margin	27.7%	45.2%	2.7%	25.8%	31.5%	31.2%	41.5%	38.2%	26.9%
Income Before Tax (EBT)	1.85B	2.63B	176.00M	-2.33B	1.37B	943.00M	1.89B	1.41B	918.00M
Interest Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	267.00M	56.00M	63.00M	78.00M	70.00M	56.00M	40.00M	34.00M	18.00M
Other Income/Expense	-2.89B	123.00M	60.00M	-3.20B	134.00M	-196.00M	221.00M	-7.00M	208.00M
Net Income	1.59B	1.88B	144.00M	-1.46B	1.02B	699.00M	1.41B	1.07B	659.00M
Income Tax Expense	332.00M	580.00M	32.00M	-567.00M	287.00M	204.00M	403.00M	115.00M	210.00M
Net Profit Margin	9.3%	33.8%	3.4%	-43.2%	25.9%	19.1%	34.9%	29.1%	25.0%
EBITDA	9.99B	3.78B	1.41B	2.26B	2.54B	2.40B	2.76B	2.58B	1.45B
EBITDA Margin	58.4%	68.0%	33.2%	66.9%	64.7%	65.6%	68.5%	69.9%	54.9%
Depreciation & Amortization	5.26B	1.27B	1.29B	1.39B	1.30B	1.26B	1.09B	1.17B	736.00M
EPS Basic	5.12	6.65	0.08	-5.11	3.50	2.38	4.83	3.67	3.19
EPS Diluted	5.12	6.65	0.08	-5.11	3.50	2.38	4.83	3.67	3.19
Shares Outstanding	281.20M	281.20M	282.79M	285.32M	290.19M	292.13M	289.61M	291.85M	204.73M
Diluted Shares Outstanding	281.20M	281.20M	282.79M	285.32M	290.19M	292.13M	289.61M	291.85M	204.73M

Annual Income Statement (USD)

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Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Revenue	15.03B	11.02B	8.34B	9.57B	6.75B	2.81B	3.96B	2.18B
Cost of Goods Sold	9.74B	6.05B	3.54B	2.87B	2.48B	2.18B	2.37B	1.06B
Gross Profit	5.28B	4.97B	4.80B	6.70B	4.27B	637.00M	1.59B	1.12B
Gross Profit Margin	35.2%	45.1%	57.5%	70.1%	63.3%	22.6%	40.2%	51.3%
Total Operating Expenses	365.00M	576.00M	228.00M	193.00M	269.00M	6.11B	898.00M	106.00M
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Selling, General & Administrative	288.00M	213.00M	150.00M	144.00M	146.00M	88.00M	104.00M	64.55M
Operating Income (EBIT)	4.92B	4.40B	4.57B	6.51B	4.00B	-5.48B	695.00M	1.01B
Operating Margin	32.7%	39.9%	54.8%	68.0%	59.3%	-194.7%	17.5%	46.5%
Income Before Tax (EBT)	1.87B	4.50B	4.25B	5.74B	2.91B	-5.78B	362.00M	1.11B
Interest Income	N/A	156.00M	N/A	1.00M	1.00M	4.00M	1.00M	1.00M
Interest Expense	244.00M	291.00M	175.00M	160.00M	200.00M	201.00M	173.00M	87.84M
Other Income/Expense	-3.04B	105.00M	-322.00M	-772.00M	-1.09B	-300.00M	-333.00M	102.00M
Net Income	1.66B	3.34B	3.14B	4.39B	2.18B	-4.52B	240.00M	846.00M
Income Tax Expense	327.00M	800.00M	912.00M	1.17B	631.00M	-1.10B	47.00M	168.36M
Net Profit Margin	11.1%	30.3%	37.7%	45.8%	32.3%	-160.6%	6.1%	38.9%
EBITDA	9.96B	7.25B	6.32B	7.85B	5.28B	-4.17B	2.15B	1.63B
EBITDA Margin	66.3%	65.7%	75.7%	82.1%	78.2%	-148.1%	54.2%	75.1%
Depreciation & Amortization	5.04B	2.85B	1.75B	1.34B	1.27B	1.31B	1.45B	623.00M
EPS Basic	5.73	15.53	17.34	24.61	12.35	-28.59	1.47	8.08
EPS Diluted	5.73	15.53	17.34	24.61	12.30	-28.59	1.46	8.06
Shares Outstanding	289.08M	213.54M	180.00M	176.54M	176.64M	157.98M	163.49M	104.62M
Diluted Shares Outstanding	289.08M	213.54M	180.00M	176.54M	177.36M	157.98M	163.84M	104.93M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.