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-Q - Q3 2024 - Nov 7, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 124 % +81%
Quick Ratio 2.78 % -19.7%
Debt-to-equity 76.1 % +6.68%
Return On Equity 13.9 % -29.2%
Return On Assets 8.06 % -30.1%
Operating Margin 43.7 % -22.3%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 292M shares +63.1%
Common Stock, Shares, Outstanding 293M shares +63.7%
Entity Public Float 23.4B USD +10.4%
Weighted Average Number of Shares Outstanding, Basic 205M shares +14.5%
Weighted Average Number of Shares Outstanding, Diluted 205M shares +14.5%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 9.58B USD +16.7%
Revenue from Contract with Customer, Excluding Assessed Tax 8.22B USD -9.13%
Costs and Expenses 5.39B USD +50.1%
Operating Income (Loss) 4.19B USD -9.35%
Nonoperating Income (Expense) 182M USD
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 4.37B USD +2.56%
Income Tax Expense (Benefit) 949M USD +4.4%
Net Income (Loss) Attributable to Parent 3.22B USD +1.07%
Earnings Per Share, Basic 17.5 USD/shares -0.8%
Earnings Per Share, Diluted 17.5 USD/shares -0.8%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 370M USD -55.3%
Accounts Receivable, after Allowance for Credit Loss, Current 1.2B USD +51.7%
Inventory, Net 126M USD +80%
Assets, Current 2.02B USD +5.53%
Deferred Income Tax Assets, Net 62M USD +3.33%
Property, Plant and Equipment, Net 63.1B USD +149%
Other Assets, Noncurrent 71M USD +34%
Assets 65.7B USD +134%
Contract with Customer, Liability, Current 1.44B USD +84.7%
Liabilities, Current 4.46B USD +108%
Deferred Income Tax Liabilities, Net 9.95B USD +344%
Other Liabilities, Noncurrent 18M USD +50%
Liabilities 26.9B USD +143%
Accumulated Other Comprehensive Income (Loss), Net of Tax -8M USD -14.3%
Retained Earnings (Accumulated Deficit) 3.43B USD +60.4%
Stockholders' Equity Attributable to Parent 37.4B USD +130%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 38.8B USD +129%
Liabilities and Equity 65.7B USD +134%

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 +100%
Common Stock, Shares, Issued 293M shares +63.7%
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 373M USD -55.1%
Deferred Tax Assets, Valuation Allowance 233M USD +4.48%
Deferred Tax Assets, Gross 456M USD -20.8%
Deferred Income Tax Expense (Benefit) 52M USD -46.4%
Deferred Tax Assets, Operating Loss Carryforwards 236M USD -41.9%
Unrecognized Tax Benefits 0 USD -100%
Depreciation, Depletion and Amortization 2.16B USD +31.7%
Deferred Tax Assets, Net of Valuation Allowance 223M USD -36.8%