Diamondback Energy, Inc. (FANG) Financials

$167.07

north_east
$3.24 (1.97%)
Day's range
$165.24
Day's range
$167.85

FANG Income statement / Annual

Last year (2023), Diamondback Energy, Inc.'s total revenue was $8.41 B, a decrease of 12.77% from the previous year. In 2023, Diamondback Energy, Inc.'s net income was $3.14 B. See Diamondback Energy, Inc.,s key income statements, including revenue, expenses, profit, and income.

Period FY-2023 FY-2022 FY-2021 FY-2020 FY-2019 FY-2018 FY-2017 FY-2016 FY-2015 FY-2014
Period Ended 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Operating Revenue $8.41 B $9.64 B $6.80 B $2.81 B $3.96 B $2.17 B $1.21 B $527.11 M $446.73 M $495.72 M
Cost of Revenue $3.54 B $2.87 B $2.57 B $2.17 B $2.36 B $1.06 B $550.03 M $306.51 M $339.40 M $261.32 M
Gross Profit $4.87 B $6.78 B $4.23 B $644.00 M $1.60 B $1.11 B $655.08 M $220.60 M $107.33 M $234.40 M
Gross Profit Ratio 0.58 0.7 0.62 0.23 0.4 0.51 0.54 0.42 0.24 0.47
Research and Development Expenses $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
General & Administrative Expenses $150.00 M $144.00 M $146.00 M $88.00 M $104.00 M $64.55 M $48.67 M $42.62 M $31.97 M $21.27 M
Selling & Marketing Expenses $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Selling, General & Administrative Expenses $150.00 M $144.00 M $146.00 M $88.00 M $104.00 M $64.55 M $48.67 M $42.62 M $31.97 M $21.27 M
Other Expenses $151.00 M $112.00 M $6.00 M $11.00 M $11.00 M $89.00 M $10.24 M $3.06 M $728,000.00 -$739,000.00
Operating Expenses $290.00 M $256.00 M $152.00 M $99.00 M $115.00 M $60.67 M $50.06 M $43.68 M $32.80 M $21.73 M
Cost And Expenses $3.83 B $3.12 B $2.72 B $2.27 B $2.48 B $1.12 B $600.09 M $350.19 M $372.20 M $283.05 M
Interest Income $2.00 M $1.00 M $1.00 M $4.00 M $1.00 M $276,000.00 $0.00 $0.00 $0.00 $1,000.00
Interest Expense $177.00 M $159.00 M $199.00 M $197.00 M $172.00 M $87.28 M $40.55 M $40.68 M $41.51 M $34.51 M
Depreciation & Amortization $1.75 B $1.34 B $1.28 B $1.31 B $1.45 B $625.17 M $328.15 M $179.08 M $217.70 M $170.01 M
EBITDA $6.17 B $7.34 B $4.38 B -$4.26 B $2.79 B $1.83 B $866.07 M $55.05 M -$489.06 M $509.48 M
EBITDA Ratio 0.73 0.82 0.79 0.66 0.98 0.45 0.51 0.34 0.17 0.43
Operating Income Ratio 0.54 0.67 0.59 0.19 0.61 0.47 0.5 -0.13 -1.66 0.43
Total Other Income/Expenses Net -$322.00 M -$772.00 M -$1.09 B -$300.00 M -$333.00 M $102.47 M -$107.83 M -$96.10 M -$8.83 M $92.29 M
Income Before Tax $4.25 B $5.74 B $2.91 B -$5.78 B $362.00 M $1.11 B $497.19 M -$164.72 M -$749.10 M $304.96 M
Income Before Tax Ratio 0.5 0.59 0.43 -2.05 0.09 0.51 0.41 -0.31 -1.68 0.62
Income Tax Expense $912.00 M $1.17 B $631.00 M -$1.10 B $47.00 M $168.36 M -$19.57 M $192,000.00 -$201.31 M $108.99 M
Net Income $3.14 B $4.39 B $2.18 B -$4.67 B $240.00 M $845.67 M $482.26 M -$165.03 M -$550.63 M $193.76 M
Net Income Ratio 0.37 0.45 0.32 -1.66 0.06 0.39 0.4 -0.31 -1.23 0.39
EPS 17.34 24.61 12.35 -29.57 1.47 8.08 4.95 -2.2 -8.74 3.67
EPS Diluted 17.34 24.61 12.3 -29.57 1.46 8.06 4.94 -2.2 -8.74 3.64
Weighted Average Shares Out $180.00 M $176.54 M $176.64 M $157.98 M $163.49 M $104.62 M $97.46 M $75.02 M $63.00 M $52.83 M
Weighted Average Shares Out Diluted $180.00 M $176.54 M $177.36 M $157.98 M $163.84 M $104.93 M $97.69 M $75.08 M $63.02 M $53.30 M
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