For the quarter ending 2025-09-30, FANG made $3,924M in revenue. $1,018M in net income. Net profit margin of 25.94%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Total revenues | 3,924 | 3,678 | 4,048 | 3,711 |
| Lease operating expenses | 490 | 440 | 408 | 461 |
| Production and ad valorem taxes | 212 | 214 | 228 | 225 |
| Cost of goods and services sold-Natural Gas Gathering Transportation Marketing And Processing | - | - | 111 | 95 |
| Gathering, processing and transportation | 122 | 145 | - | - |
| Cost of goods and services sold-Oil Purchased | - | - | 382 | 225 |
| Purchased oil expense | 455 | 331 | - | - |
| Depreciation, depletion, amortization and accretion | 1,286 | 1,266 | 1,097 | 1,156 |
| General and administrative expenses | 70 | 67 | 73 | 72 |
| Merger and integration expenses | - | - | 37 | 30 |
| Merger and transaction expenses | 17 | 40 | - | - |
| Other operating expenses | 36 | 36 | 39 | 35 |
| Total costs and expenses | 2,688 | 2,539 | 2,375 | 2,299 |
| Income (loss) from operations | 1,236 | 1,139 | 1,673 | 1,412 |
| Interest expense, net | -70 | -56 | -40 | -27 |
| Other income (expense), net | 108 | -2 | 27 | -14 |
| Gain (loss) on derivative instruments, net | 120 | -197 | 226 | 36 |
| Gain (loss) on extinguishment of debt | -32 | 55 | 0 | 0 |
| Income (loss) from equity investments, net | 8 | 4 | 8 | -2 |
| Total other income (expense), net | 134 | -196 | 221 | -7 |
| Income (loss) before income taxes | 1,370 | 943 | 1,894 | 1,405 |
| Provision for (benefit from) income taxes | 287 | 204 | 403 | 115 |
| Net income (loss) | 1,083 | 739 | 1,491 | 1,290 |
| Net income (loss) attributable to non-controlling interest | 65 | 40 | 86 | 216 |
| Net income (loss) attributable to diamondback energy, inc | 1,018 | 699 | 1,405 | 1,074 |
| Pension and postretirement benefit plans | - | - | - | 0 |
| Comprehensive income (loss) attributable to diamondback energy, inc | - | - | - | 835 |
| Basic (in shares) | 288,826,000 | 292,135,000 | 289,612,000 | -348,022,000 |
| Basic (in usd per share) | 3.51 | 2.38 | 4.83 | 3.4 |
| Diluted (in shares) | 288,826,000 | 292,135,000 | 289,612,000 | -348,022,000 |
| Diluted (in usd per share) | 3.51 | 2.38 | 4.83 | 3.4 |
Diamondback Energy, Inc. (FANG)
Diamondback Energy, Inc. (FANG)