For the quarter ending 2026-03-31, FANG had $70M increase in cash & cash equivalents over the period.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income (loss) | 144 | -1,766 | 1,083 | 739 |
| Provision for (benefit from) deferred income taxes | -242 | -754 | 253 | -24 |
| Depreciation, depletion, amortization and accretion | 1,293 | 1,389 | 1,286 | 1,266 |
| Impairment of oil and natural gas properties | 1,400 | 3,652 | - | - |
| (gain) loss on extinguishment of debt, net | -1 | 33 | -32 | 55 |
| (gain) loss on derivative instruments, net | 117 | 192 | 120 | -197 |
| Cash received (paid) on settlement of derivative instruments | 133 | 73 | 60 | -37 |
| (income) loss from equity investment, net | - | - | 8 | 4 |
| Equity-based compensation expense | - | - | 22 | 21 |
| Other Operating Activities Cash Flow Statement | 26 | -383 | -74 | 3 |
| Accounts receivable | 779 | -248 | 22 | -166 |
| Income tax receivable | - | - | 0 | 0 |
| Prepaid expenses and other current assets | - | - | 49 | 22 |
| Accounts payable and accrued liabilities | -257 | 12 | 28 | -9 |
| Income taxes payable | 287 | 116 | -206 | -444 |
| Revenues and royalties payable | 70 | -13 | 58 | -114 |
| Increase Decrease In Other Operating Capital Net | 131 | 27 | -40 | 6 |
| Net cash provided by (used in) operating activities | 1,828 | 2,343 | 2,383 | 1,677 |
| Additions to oil and natural gas properties | 933 | 943 | 774 | 864 |
| Property acquisitions | 314 | 527 | 1,536 | 3,125 |
| Proceeds from sale of assets | 604 | 1,356 | 257 | 57 |
| Other | 15 | 4 | 6 | 6 |
| Net cash provided by (used in) investing activities | -658 | -118 | -2,059 | -3,979 |
| Proceeds from debt | 2,525 | 13,042 | 500 | 1,500 |
| Repayment of debt | 3,124 | 12,567 | 0 | 900 |
| Proceeds from borrowings under credit facilities | - | - | 2,300 | 3,645 |
| Repayments under credit facilities | - | - | 2,885 | 2,725 |
| Proceeds from senior notes | - | - | 1,600 | 0 |
| Repayment of senior notes | - | - | 428 | 244 |
| Repurchased shares-Nonrelated Party | 39 | 1,705 | - | - |
| Repurchased shares under buyback program | - | - | 603 | 398 |
| Repurchased shares-Related Party | 509 | 305 | - | - |
| Proceeds from partial sale of investment in viper | - | 0 | 0 | 0 |
| Repurchased shares/units under vipers repurchase program | 97 | - | - | - |
| Net proceeds from vipers issuance of common stock | 0 | 0 | 0 | 0 |
| Proceeds from sale of viper's common stock | 589 | - | - | - |
| Dividends paid to stockholders | 295 | 286 | 289 | 291 |
| Dividends/distributions to non-controlling interest | 120 | 127 | 78 | 177 |
| Other | -30 | -97 | -110 | -23 |
| Net cash provided by (used in) financing activities | -1,100 | -2,671 | 7 | 482 |
| Net increase (decrease) in cash, cash equivalents and restricted cash | 70 | -446 | 331 | -1,820 |
| Cash, cash equivalents and restricted cash at beginning of period | 106 | 552 | 221 | 2,041 |
| Cash, cash equivalents and restricted cash at end of period | 176 | 106 | 552 | 221 |
Diamondback Energy, Inc. (FANG)
Diamondback Energy, Inc. (FANG)