Diamondback Energy, Inc. financial data

Symbol
FANG on Nasdaq
Industry
Crude Petroleum & Natural Gas
Location
500 West Texas, Suite 1200, Midland, TX
State of incorporation
DE
Fiscal year end
December 31
Latest financial report
10-K - Q4 2024 - Feb 26, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 103 % +51.2%
Quick Ratio 2.62 % -19.4%
Debt-to-equity 75.9 % +6.66%
Return On Equity 11.6 % -38.5%
Return On Assets 6.73 % -39.1%
Operating Margin 39.7 % -26.9%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 289M shares +62.3%
Common Stock, Shares, Outstanding 291M shares +62.8%
Entity Public Float 35.5B USD +51.7%
Weighted Average Number of Shares Outstanding, Basic 214M shares +18.6%
Weighted Average Number of Shares Outstanding, Diluted 214M shares +18.6%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 11.1B USD +31.6%
Revenue from Contract with Customer, Excluding Assessed Tax 8.22B USD -9.13%
Costs and Expenses 6.67B USD +73.6%
Operating Income (Loss) 4.4B USD -3.81%
Nonoperating Income (Expense) 105M USD -110%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 4.5B USD +5.96%
Income Tax Expense (Benefit) 800M USD -12.3%
Net Income (Loss) Attributable to Parent 3.34B USD +6.2%
Earnings Per Share, Basic 15.5 USD/shares -10.4%
Earnings Per Share, Diluted 15.5 USD/shares -10.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 161M USD -72.3%
Accounts Receivable, after Allowance for Credit Loss, Current 1.39B USD +112%
Inventory, Net 116M USD +84.1%
Assets, Current 2.11B USD +30.2%
Deferred Income Tax Assets, Net 173M USD +284%
Property, Plant and Equipment, Net 64.5B USD +142%
Other Assets, Noncurrent 159M USD +21.4%
Assets 67.3B USD +132%
Contract with Customer, Liability, Current 1.49B USD +95.2%
Liabilities, Current 4.81B USD +128%
Deferred Income Tax Liabilities, Net 9.83B USD +301%
Other Liabilities, Noncurrent 39M USD +225%
Liabilities 27.4B USD +137%
Accumulated Other Comprehensive Income (Loss), Net of Tax -6M USD +25%
Retained Earnings (Accumulated Deficit) 4.24B USD +70.3%
Stockholders' Equity Attributable to Parent 37.7B USD +127%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 39.9B USD +129%
Liabilities and Equity 67.3B USD +132%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 1.33B USD -6.39%
Net Cash Provided by (Used in) Financing Activities -269M USD -4.67%
Net Cash Provided by (Used in) Investing Activities -751M USD +41.3%
Common Stock, Shares Authorized 800M shares 0%
Common Stock, Shares, Issued 291M shares +62.8%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 314M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 164M USD -72%
Deferred Tax Assets, Valuation Allowance 119M USD -48.9%
Deferred Tax Assets, Gross 485M USD +6.36%
Deferred Income Tax Expense (Benefit) 52M USD -46.4%
Deferred Tax Assets, Operating Loss Carryforwards 225M USD -4.66%
Unrecognized Tax Benefits 0 USD
Depreciation, Depletion and Amortization 2.85B USD +63.2%
Deferred Tax Assets, Net of Valuation Allowance 366M USD +64.1%