For the year ending 2025-12-31, FANG had -$58M decrease in cash & cash equivalents over the period.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Net income (loss) | 1,547 | 3,701 | 3,336 | 4,562 |
| Provision for (benefit from) deferred income taxes | -519 | 15 | 378 | 720 |
| Depreciation, depletion, amortization and accretion | 5,038 | 2,850 | 1,746 | 1,344 |
| Impairment of oil and natural gas properties | 3,652 | - | - | 0 |
| (gain) loss on extinguishment of debt | 56 | 2 | -4 | -99 |
| (gain) loss on derivative instruments, net | - | - | -259 | -586 |
| Cash received (paid) on settlement of derivative instruments | - | - | -110 | -850 |
| (gain) loss on derivative instruments, net | 341 | 137 | - | - |
| Cash received (paid) on settlement of derivative instruments | 181 | -51 | - | - |
| (income) loss from equity investment, net | - | 21 | 48 | 77 |
| Equity-based compensation expense | - | 65 | 54 | 55 |
| (gain) loss on sale of equity method investments | - | - | - | 0 |
| Other | -430 | 89 | 5 | 85 |
| Accounts receivable | -386 | 42 | 71 | 47 |
| Income tax receivable | - | -9 | -283 | 283 |
| Prepaid expenses and other current assets | - | -54 | 89 | -21 |
| Accounts payable and accrued liabilities | -343 | -376 | 57 | -47 |
| Income taxes payable | -399 | 87 | -5 | 17 |
| Revenues and royalties payable | 15 | 168 | 123 | 156 |
| Other | -27 | -4 | 2 | 16 |
| Net cash provided by (used in) operating activities | 8,758 | 6,413 | 5,920 | 6,325 |
| Additions to oil and natural gas properties | 3,523 | 2,867 | 2,582 | 1,854 |
| Additions to midstream assets | - | - | 119 | 84 |
| Property acquisitions | 5,938 | 8,920 | 2,013 | 1,567 |
| Funds held in escrow | - | - | - | 108 |
| Proceeds from sale of assets | 1,670 | 467 | 1,407 | 327 |
| Other | 18 | -99 | 16 | 44 |
| Net cash provided by (used in) investing activities | -7,809 | -11,221 | -3,323 | -3,330 |
| Proceeds under term loan agreement | - | 1,000 | - | - |
| Repayments under term loan agreement | - | 100 | - | - |
| Proceeds from borrowings under credit facilities | - | 3,375 | 4,779 | 5,204 |
| Repayments under credit facilities | - | 3,377 | 4,668 | 5,551 |
| Proceeds from senior notes | - | 5,500 | 400 | 2,500 |
| Repayment of senior notes | - | 25 | 134 | 2,410 |
| Proceeds from (repayments to) joint venture | - | 0 | 0 | -74 |
| Proceeds from debt | 15,042 | - | - | - |
| Premium on extinguishment of debt | - | 0 | 0 | 63 |
| Repayment of debt | 13,467 | - | - | - |
| Repurchased shares under buyback program | - | 959 | 840 | 1,098 |
| Repurchased shares-Nonrelated Party | 1,705 | - | - | - |
| Repurchased shares/units under viper's buyback program | - | 0 | 95 | 153 |
| Repurchased shares-Related Party | 305 | - | - | - |
| Proceeds from partial sale of investment in viper | 0 | 451 | - | - |
| Net proceeds from vipers issuance of common stock | 1,232 | 476 | - | - |
| Dividends paid to stockholders | 1,156 | 1,578 | 1,444 | 1,572 |
| Dividends/distributions to non-controlling interest | 382 | 227 | 129 | 217 |
| Financing portion of net cash received (paid) for derivative instruments | - | - | 0 | 0 |
| Other | -266 | -149 | -45 | -69 |
| Net cash provided by (used in) financing activities | -1,007 | 4,387 | -2,176 | -3,503 |
| Net increase (decrease) in cash, cash equivalents and restricted cash | -58 | -421 | 421 | -508 |
| Cash, cash equivalents and restricted cash at beginning of period | 164 | 585 | 164 | 672 |
| Cash, cash equivalents and restricted cash at end of period | 106 | 164 | 585 | 164 |
Diamondback Energy, Inc. (FANG)
Diamondback Energy, Inc. (FANG)