For the year ending 2025-12-31, FANG made $15,026M in revenue. $1,663M in net income. Net profit margin of 11.07%.
| Income Statement | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Total revenues | 15,026 | 11,066 | 8,412 | 9,643 |
| Lease operating expenses | 1,865 | 1,286 | 872 | 652 |
| Production and ad valorem taxes | 851 | 638 | 525 | 611 |
| Cost of goods and services sold-Natural Gas Gathering Transportation Marketing And Processing | - | 356 | 287 | - |
| Gathering and transportation | - | - | - | 258 |
| Cost of goods and services sold-Oil Purchased | - | 921 | 111 | - |
| Gathering, processing and transportation | 515 | - | - | - |
| Purchased oil expense | 1,474 | - | - | - |
| Depreciation, depletion, amortization and accretion | 5,038 | 2,850 | 1,746 | 1,344 |
| Impairment of oil and natural gas properties | 3,652 | - | - | 0 |
| General and administrative expenses | 288 | 213 | 150 | 144 |
| Merger and integration expenses | - | 303 | 11 | 14 |
| Other operating expenses, net | 77 | 103 | 140 | 112 |
| Total costs and expenses | 13,760 | 6,670 | 3,842 | 3,135 |
| Income (loss) from operations | 1,266 | 4,396 | 4,570 | 6,508 |
| Interest expense, net | -244 | -135 | -175 | -159 |
| Other income (expense), net | - | 80 | 68 | -5 |
| Gain (loss) on derivative instruments, net | - | 137 | -259 | -586 |
| Other income (expense), net | 455 | - | - | - |
| Gain (loss) on sale of equity method investments | - | - | - | 0 |
| Derivative instruments not designated as hedging instruments, gain (loss), net | 341 | - | - | - |
| Gain (loss) on extinguishment of debt, net | 56 | 2 | -4 | -99 |
| Income (loss) from equity investments, net | - | 21 | 48 | 77 |
| Total other income (expense), net | 608 | 105 | -322 | -772 |
| Income (loss) before income taxes | 1,874 | 4,501 | 4,248 | 5,736 |
| Provision for (benefit from) income taxes | 327 | 800 | 912 | 1,174 |
| Net income (loss) | 1,547 | 3,701 | 3,336 | 4,562 |
| Net income (loss) attributable to non-controlling interest | -117 | 363 | 193 | 176 |
| Net income (loss) attributable to diamondback energy, inc | 1,664 | 3,338 | 3,143 | 4,386 |
| Pension and postretirement benefit plans | 1 | -2 | 1 | 7 |
| Comprehensive income (loss) attributable to diamondback energy, inc | 1,663 | 3,340 | 3,142 | 4,379 |
| Basic EPS | 5.73 | 15.53 | 17.34 | 24.61 |
| Diluted EPS | 5.73 | 15.53 | 17.34 | 24.61 |
| Basic Average Shares | 289,079,000 | 213,545,000 | 179,999,000 | 176,539,000 |
| Diluted Average Shares | 289,079,000 | 213,545,000 | 179,999,000 | 176,539,000 |
Diamondback Energy, Inc. (FANG)
Diamondback Energy, Inc. (FANG)