Re-runs extraction for each period with period-end year from max(2023, current year − 2) through the current year, oldest first (up to three reporting years). This can take a long time.
Permian Basin–focused independent oil producer with integrated midstream logistics.
Sector: United States — oil & gas exploration & production
US_EP_FANG
No intraday sparkline from the default exchange feed; Yahoo or day change may still appear below when available.
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Net debt (table and EV/EBITDA): |short-term borrowings| + |long-term borrowings| + |other financial liabilities| when extracted + |non-controlling interest| when extracted − |cash and equivalents|; amounts in millions of the reporting currency.
Shares: sec_companyfacts/1539838
| Period | Issues |
|---|---|
| 2023-09-30 Q3 | ✗Errors 1Warn 2 |
| 2023-12-31 FY | ⚠Warn 1 |
| 2024-03-31 Q1 | ⚠Warn 1 |
| 2024-06-30 Q2 | ⚠Warn 2 |
| 2024-09-30 Q3 | ⚠Warn 1 |
| 2024-12-31 FY | ⚠Warn 1 |
| 2025-03-31 Q1 | ⚠Warn 1 |
| 2025-06-30 Q2 | ⚠Warn 2 |
| 2025-09-30 Q3 | ⚠Warn 1 |
| 2025-12-31 FY | ⚠Warn 1 |
| 2026-03-31 Q1 | ⚠Warn 3 |
Monetary columns are in B USD, one decimal; scale (K/M/B/T) keeps values readable. For the period (default) shows P&L and cash flow for that row’s reporting window: quarterly amounts when the feed uses quarter-duration facts (typical US 10-Q revenue and income), quarterly cash flows after stripping YTD where only cumulative tags exist, and an implied Q4 on 31 Dec FY rows (P&L: FY minus Q1–Q3; operating / investing cash flow: FY 12m minus 9M YTD to 30 Sep when sourced from SEC builder evidence) so they match 10-Q scale. Some issuers still use cumulative YTD minus the prior row in the same calendar year. As reported shows values stored on each row (e.g. full-year on FY). Balance sheet is always as reported. Source JSON may use millions etc.; conversion uses amounts_unit per row.
| Date | Period | Status | RevenueB USD | Operating profitB USD | D&AB USD | EBITDAB USD | Net profitB USD | Operating CFB USD | Capex + M&AB USD | AssetsB USD | EquityB USD | ROE (annualized) | Net debtB USD | Source |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026-03-31 | Q1 2026 (3M) | OK | 4.2 y/y 4.7% | 0.1 y/y -93.1% | 1.3 y/y 17.9% | 1.4 y/y -49.1% | 0.0 y/y -98.2% | 1.8 | -0.7 | 70.1 y/y 0.0% | 36.5 y/y -5.2% | 0.3% | 13.7 | Link |
| 2025-12-31 | FY 2025 (12M) | OK | 3.4 y/y -9.0% | -2.8 y/y -297.0% | 1.4 y/y 20.2% | -1.4 y/y -154.2% | -1.5 y/y -235.8% | 2.3 | -0.1 | 71.1 y/y 5.6% | 37.0 y/y -2.0% | 4.4% | 14.4 | Link |
| 2025-09-30 | Q3 2025 (3M) | OK | 3.9 y/y 48.4% | 1.2 y/y 74.1% | 1.3 y/y 73.3% | 2.5 y/y 73.7% | 1.0 y/y 54.5% | 2.4 | -2.1 | 76.2 y/y 15.9% | 39.1 y/y 4.4% | 3.5% | 16.1 | Link |
| 2025-06-30 | Q2 2025 (3M) | OK | 3.7 y/y 48.1% | 1.1 y/y -1.5% | 1.3 y/y 162.1% | 2.4 y/y 46.7% | 0.7 y/y -16.5% | 1.7 | -4.0 | 71.9 y/y 101.9% | 38.9 y/y 122.8% | 7.2% | 14.9 | Link |
| 2025-03-31 | Q1 2025 (3M) | OK | 4.0 y/y 81.8% | 1.7 y/y 49.6% | 1.1 y/y 133.9% | 2.8 y/y 74.5% | 1.4 y/y 82.9% | 2.4 | -1.7 | 70.1 y/y 136.0% | 38.5 y/y 127.0% | 14.7% | 12.1 | Link |
| 2024-12-31 | FY 2024 (12M) | OK | 3.7 y/y — | 1.4 y/y — | 1.2 y/y — | 2.6 y/y — | 1.1 y/y — | 2.3 | -1.9 | 67.3 y/y 132.0% | 37.7 y/y 127.0% | 8.9% | 12.8 | Link |
| 2024-09-30 | Q3 2024 (3M) | OK | 2.6 y/y 13.0% | 0.7 y/y -47.0% | 0.7 y/y 67.9% | 1.5 y/y -18.5% | 0.7 y/y -28.0% | 1.2 | -8.2 | 65.7 y/y 134.4% | 37.4 y/y 129.9% | 3.2% | 12.6 | Link |
| 2024-06-30 | Q2 2024 (3M) | OK | 2.5 y/y — | 1.2 y/y — | 0.5 y/y — | 1.6 y/y — | 0.8 y/y — | 1.5 | -0.4 | 35.6 y/y — | 17.4 y/y — | 19.5% | 5.1 | Link |
| 2024-03-31 | Q1 2024 (3M) | OK | 2.2 y/y — | 1.1 y/y — | 0.5 y/y — | 1.6 y/y — | 0.8 y/y — | 1.3 | -0.8 | 29.7 y/y — | 16.9 y/y — | 18.3% | 5.7 | Link |
| 2023-12-31 | FY 2023 (12M) | OK | — y/y — | — y/y — | — y/y — | — y/y — | — y/y — | 1.6 | — | 29.0 y/y — | 16.6 y/y — | 19.1% | 6.1 | Link |
| 2023-09-30 | Q3 2023 (3M) | OK | 2.3 y/y — | 1.3 y/y — | 0.4 y/y — | 1.8 y/y — | 0.9 y/y — | 1.4 | 0.0 | 28.0 y/y — | 16.3 y/y — | — | 5.4 | Link |
Physical operating metrics — supplementary, not part of the financial statements
Oil and Gas E and P
| Year | Reserves, mln boe |
|---|---|
| 2022 | 2 033 |
| 2021 | 1 789 |
| 2020 | 1 316 |
| 2019 | 1 128 |
| 2018 | 992.00 |
| 2017 | 335.35 |
| 2016 | 2 055 * |
| 2015 | 1 569 * |
| 2014 | 1 128 * |
| Year | Production, mln boe | per day |
|---|---|---|
| 2025 | 247.02 | 676 764 |
| 2024 | 218.97 | 599 923 |
| 2023 | 163.41 | 447 707 |
| 2022 | 140.89 | 386 005 |
| 2021 | 137.00 | 375 348 |
| 2020 | 109.92 | 301 153 |
| 2019 | 103.28 | 282 973 |
| 2018 | 47.61 * | 130 438 |
| 2017 | 28.92 * | 79 225 |
* historical figures with reconstructed scale · * partial year
EI1 ___NASDAQ_press_comm (NASDAQ / SEC filings)
Quarterly values ($ mln)
Year-over-year change
Net debt / cash ($ mln)
Current 13.9x · 3-year average 7.5x
FY blocks below combine SEC XBRL tags (revenue & selected expense lines), plus production / reserves notes sourced to Form 10-K or company filings where cited.
Production and proved reserves in the FY blocks are keyed from supplemental 10-K tables after each filing is wired in. Automated SEC revenue/expense tags for the newest FY often appear before operational volumes and reserves for that same year.
Prod. CAGR (2 yr): +48.3%
Reserves CAGR (2 yr): +28.6% · Reserves life (R/P): 10.8 yr
| FY end | Crude oil equivalent (net, Mboe/d) | Proved reserves (net, MMboe) | Proved developed (net, MMboe) | Proved undeveloped (net, MMboe) |
|---|---|---|---|---|
| 2025-12-31 | 921 | 3,618 | 2,521 | 1,097 |
| 2024-12-31 | 598.3 | 3,557 | 2,385 | — |
| 2023-12-31 | 418.6 | 2,186 | — | — |
Model: apply spot-vs-LTM commodity price moves to LTM revenue mix (oil/gas/NGL). Purchased products scale with revenue; remaining cash expenses inflate (PPI proxy). Fair value: EBITDA at trailing ~3y average commodity prices, conservative used EBITDA (average of spot and 3y-avg when spot is higher), × 3y average EV/EBITDA − net debt.
| Line item | Value |
|---|---|
| 1 · Reported baseline LTM or latest FY revenue/EBITDA and revenue mix. | |
| LTM revenue (last 4 quarters) | 15 890 USDm |
| LTM EBITDA (last 4 quarters) | 9 106 USDm |
| Baseline cash costs (revenue − EBITDA) | 6 784 USDm |
| Revenue mix: oil / gas / NGL / other | 86.4% / 3.0% / 10.6% / 0.0% |
| · Crude oil | 11 621 USDm (86.4% of implied) |
| · Natural gas | 399 USDm (3.0% of implied) |
| · NGLs | 1 432 USDm (10.6% of implied) |
| 2 · Commodity prices Spot move = last ÷ LTM average. 3y-avg-price EBITDA uses trailing ~3y mean ÷ LTM average. | |
| Oil — spot & 3y avg vs LTM | spot 95.96 · LTM avg 72.44 · 3y avg — → spot move +32.5% |
| Gas — spot & 3y avg vs LTM | spot 3.15 · LTM avg 3.41 · 3y avg — → spot move -7.6% |
| NGL — spot & 3y avg vs LTM | spot 5 862.50 · LTM avg 4 970.46 · 3y avg — → spot move +17.9% |
| 3 · Cash cost model Purchased products scale with revenue; other costs inflate. | |
| Purchased products / revenue | 0.0% |
| PPI inflation multiplier (12m) | 1.055 |
| → Projected purchased cost (at spot revenue) | 0 USDm |
| → Projected other cash cost (inflated) | 7 157 USDm |
| 4 · Spot forward P&L Headline spot cards use §4. | |
| = Projected spot revenue | 20 614 USDm |
| = Spot EBITDA | 13 456 USDm |
| = EBITDA at 3y avg commodity prices | 8 989 USDm |
| 5 · Valuation vs spot Current EV vs spot EBITDA. | |
| Enterprise value (current) | — |
| EV ÷ Spot EBITDA | — |
| 6 · Fair value & upside Conservative used EBITDA × 3y average EV/EBITDA → fair market cap. | |
| EBITDA at 3y avg commodity prices | 8 989 USDm |
| = Conservative used EBITDA | 11 223 USDm |
| Fair market cap (3y avg EV/EBITDA × used EBITDA − net debt) | — |
Flow: baseline → commodity prices → expense model → spot P&L → fair value (used EBITDA × 3y avg EV/EBITDA − net debt). Hover for formulas.
FY2025 average daily production and year-end 2025 proved reserves from SEC inline XBRL (SRT ProvedDevelopedAndUndevelopedReserveProductionEnergy MBoe + reserves BOE tags).
| Line item | Amount |
|---|---|
| Crude oil equivalent (net, Mboe/d) | 921 |
| Proved reserves (net, MMboe) | 3,618 |
| Proved developed (net, MMboe) | 2,521 |
| Proved undeveloped (net, MMboe) | 1,097 |
Sources
Volumes and per-unit realized sales prices come from the issuer's latest Form 10-K production-and-pricing table. Implied product revenue = volume × price; mix shares feed the spot 12-month forecast above.
FY2025 consolidated operating disclosure (Items 1-2): Selected Operating Data, Year Ended 12/31/2025; volumes tie to reserve roll-forward production line in FY2025 filing materials (fang-20251231.htm).
| Product | Annual volume | Avg realized price | Implied revenue (USDm) | Share of implied revenue |
|---|---|---|---|---|
| Crude oil | 181.5 MMBbls | 64.04 USD/bbl | 11,620.8 | 86.4% |
| Natural gas | 447,855 MMcf | 0.89 USD/Mcf | 398.6 | 3.0% |
| NGLs | 80.1 MMBbls | 17.88 USD/bbl | 1,431.7 | 10.6% |
| Total (implied product revenue) | 13,451.1 | 100.0% |
| Line item | Amount | |
|---|---|---|
| Oil & gas producing activities (Reg. S-X results of operations) | 13,453 | USD mln |
| Other revenue (incl. marketing, derivatives & eliminations vs. producing-activities subtotal) | 1,573 | USD mln |
| Line item | Amount | |
|---|---|---|
| Depreciation, depletion & amortization | 5,038 | USD mln |
| Interest expense | 244 | USD mln |
| Impairment — oil & gas properties | 3,652 | USD mln |
| Income tax expense (benefit) | 327 | USD mln |
| Total costs and expenses (consolidated) | 13,760 | USD mln |
Primary SEC filing for this FY (HTML)
FY2024 average daily production and year-end 2024 proved reserves per FY2024 earnings materials / Form 10-K.
| Line item | Amount |
|---|---|
| Crude oil equivalent (net, Mboe/d) | 598.3 |
| Proved reserves (net, MMboe) | 3,557 |
| Proved developed (net, MMboe) | 2,385 |
Sources
Volumes and per-unit realized sales prices come from the issuer's latest Form 10-K production-and-pricing table. Implied product revenue = volume × price; mix shares feed the spot 12-month forecast above.
FY2025 10-K Selected Operating Data, Year Ended 12/31/2024 column (fang-20251231.htm).
| Product | Annual volume | Avg realized price | Implied revenue (USDm) | Share of implied revenue |
|---|---|---|---|---|
| Crude oil | 123.3 MMBbls | 73.52 USD/bbl | 9,066.9 | 89.8% |
| Natural gas | 275,680 MMcf | 0.32 USD/Mcf | 88.2 | 0.9% |
| NGLs | 49.7 MMBbls | 18.99 USD/bbl | 943.8 | 9.3% |
| Total (implied product revenue) | 10,098.9 | 100.0% |
| Line item | Amount | |
|---|---|---|
| Oil & gas producing activities (Reg. S-X results of operations) | 10,100 | USD mln |
| Other revenue (incl. marketing, derivatives & eliminations vs. producing-activities subtotal) | 966 | USD mln |
| Line item | Amount | |
|---|---|---|
| Depreciation, depletion & amortization | 2,850 | USD mln |
| Interest expense | 135 | USD mln |
| Impairment — oil & gas properties | 0 | USD mln |
| Income tax expense (benefit) | 800 | USD mln |
| Total costs and expenses (consolidated) | 6,670 | USD mln |
Primary SEC filing for this FY (HTML)
Approximate FY2023 average production and year-end 2023 proved reserves — see Form 10-K 2023.
| Line item | Amount |
|---|---|
| Crude oil equivalent (net, Mboe/d) | 418.6 |
| Proved reserves (net, MMboe) | 2,186 |
Sources
| Line item | Amount | |
|---|---|---|
| Oil & gas producing activities (Reg. S-X results of operations) | 8,228 | USD mln |
| Other revenue (incl. marketing, derivatives & eliminations vs. producing-activities subtotal) | 184 | USD mln |
| Line item | Amount | |
|---|---|---|
| Depreciation, depletion & amortization | 1,746 | USD mln |
| Interest expense | 159 | USD mln |
| Impairment — oil & gas properties | 0 | USD mln |
| Income tax expense (benefit) | 912 | USD mln |
| Total costs and expenses (consolidated) | 3,842 | USD mln |
Primary SEC filing for this FY (HTML)
No dividend rows found for this issuer (checked: Yahoo Finance (ex-div)).
Investor reporting (IR): https://ir.diamondbackenergy.com/
Reporting forms detected in loaded periods: ✓ ✓ ✓ (Balance sheet / Profit or loss (P&L) / Cash flows)