Financial insights of FANG

MyFinsight

For the quarter ending 2026-03-31, FANG made $4,240M in revenue. $25M in net income. Net profit margin of 0.59%.

Income Statement	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Total revenues	4,240	3,376	3,924	3,678
Lease operating expenses	547	527	490	440
Production and ad valorem taxes	268	197	212	214
Gathering, processing and transportation	120	115*	122	145
Purchased oil expense	393	295*	455	331
Depreciation, depletion, amortization and accretion	1,293	1,389	1,286	1,266
Impairment of oil and natural gas properties	1,400	3,592*	-	-
General and administrative expenses	79	78	70	67
Merger and transaction expenses	-	-	17	40
Other operating expenses, net	24	-34	36	36
Total costs and expenses	4,124	6,158	2,688	2,539
Income (gain) from operations	116	-2,782	1,236	1,139
Interest expense, net	-63	-78	-70	-56
Other income (expense), net	7	296*	108	-2
Gain (loss) on derivative instruments, net	117	198*	120	-197
Gain (loss) on extinguishment of debt, net	-1	33	-32	55
Income (loss) from equity investments, net	-	-	8	4
Total other income (expense), net	60	449	134	-196
Income (gain) before income taxes	176	-2,333	1,370	943
Provision for (benefit from) income taxes	32	-567	287	204
Net income (gain)	144	-1,766	1,083	739
Net income (loss) attributable to non-controlling interest	119	-308	65	40
Net income (gain) attributable to diamondback energy, inc	25	-1,458	1,018	699
Pension and postretirement benefit plans	-	1	-	-
Comprehensive income (loss) attributable to diamondback energy, inc	-	-1,459	-	-

Basic EPS	0.08	-5.106	3.51	2.38
Diluted EPS	0.08	-5.106	3.51	2.38
Basic Average Shares	282,792,000	285,743,000	288,826,000	292,135,000
Diluted Average Shares	282,792,000	285,743,000	288,826,000	292,135,000

Unit: Million (M) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.