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Diamondback Energy Inc

Common Name
Diamondback Energy
Country
United States
Sector
Energy
Industry
Oil & Gas E&P
Employees
1,983
Ticker
FANG
Exchange
NASDAQ/NGS
Description
Diamondback Energy Inc. is an independent energy company primarily focused on the exploration, development, and production of oil and natural gas. Headquartered in Midland, Texas, the company’s core o...

Diamondback Energy's Financial Statements Preview

Below are the financial statements of Diamondback Energy, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

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All figures in millions of USD
2024
2023
2022
Revenues
Oil sales
9,067a
7,279a
7,660a
Natural gas sales
89a
262a
858a
Natural gas liquid sales
944a
687a
1,048a
Sales of purchased oil
923a
111a
0a
Other operating income
43a
73a
77a
Total revenues
11,066a
8,412a
9,643a
Costs and expenses
Lease operating expenses
-1,286a
-872a
-652a
Production and ad valorem taxes
-638a
-525a
-611a
Gathering, processing and transportation
-356a
-287a
-258a
Purchased oil expense
-921a
-111a
0a
Depreciation, depletion, amortization and accretion
-2,850a
-1,746a
-1,344a
General and administrative expenses
-213a
-150a
-144a
Merger and integration expenses
-303a
-11a
-14a
Other operating expenses
-103a
-140a
-112a
Total costs and expenses
-6,670a
-3,842a
-3,135a
Income (loss) from operations
4,396a
4,570a
6,508a
Other income (expense)
Interest expense, net
-135a
-159a
-154a
Other income (expense), net
80a
52a
-10a
Gain (loss) on derivative instruments, net
137a
-259a
-586a
Gain (loss) on extinguishment of debt
2a
-4a
-99a
Income (loss) from equity investments, net
21a
48a
77a
Total other income (expense), net
105a
-322a
-772a
Income (loss) before income taxes
4,501a
4,248a
5,736a
Provision for (benefit from) income taxes
-800a
-912a
-1,174a
Net income (loss)
3,701a
3,336a
4,562a
Net income (loss) attributable to non-controlling interest
363a
193a
176a
Net income (loss) attributable to Diamondback Energy, Inc.
3,338a
3,143a
4,386a
Limited Data Preview
You are viewing a limited preview of Diamondback Energy’s income statement data. The reported financial values are complete. The full dataset, available for download, additionally includes structured metadata for each line item, such as line item role (line item, subtotal, total) and financial classification (e.g., assets, liabilities, equity, revenue, expenses).
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Verified Sources Behind Diamondback Energy’s Financial Fundamentals Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Diamondback Energy’s data sources below and access millions more through our Disclosure Search.

a. Diamondback Energy's 10-K 2024
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