Diamondback Energy, Inc.(FANG)— Stock Profile, AI Score & Financials
Energy · Nasdaq · AI-powered stock analysis, 32-signal quality score, SEC EDGAR financials, and institutional holdings. Updated .
Diamondback Energy, Inc. (FANG) stock profile, AI quality score, and SEC EDGAR financial data, a Energy sector company. 13F Pro's AI-powered ranking engine scores FANG at 76.1/100 on a 32-signal composite quality model, placing it at rank #88 of 2,960 stocks — the top 5% of the AI-ranked universe. FANG scores in the top quartile across free cash flow (97.1), revenue scale (91.4), revenue growth (90.8). Based on the latest XBRL financial filings (Q2 2026), Diamondback Energy, Inc. reports quarterly revenue of $5.6B, net income of $1.9B. Top institutional holders of FANG by reported 13-F value include BlackRock, WELLINGTON MANAGEMENT GROUP LLP, VANGUARD CAPITAL MANAGEMENT, based on the most recent SEC filings. FANG trades on the Nasdaq exchange and files with the SEC under CIK 1539838. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate FANG daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Diamondback Energy, Inc. directly from SEC EDGAR.
AI Quality Score
76.1/100
AI Rank
#88
Revenue
$5.6B
Net Income
$1.9B
FANG key financials by period
Diamondback Energy, Inc. reported revenue, net income and margins by fiscal period, from SEC filings.
Period
Form
Revenue
Net income
Operating margin
FY 2025
10-K
$15.0B
$1.7B
8.4%
FY 2024
10-K
$11.1B
$3.3B
39.7%
FY 2023
10-K
$8.4B
$3.1B
54.3%
FY 2022
10-K
$9.6B
$4.4B
67.5%
FY 2021
10-K
$6.8B
$2.2B
58.9%
FY 2020
10-K
$2.8B
$-4.5B
-194.7%
Institutions holding FANG
Institutional investors reporting a position in Diamondback Energy, Inc. on SEC Form 13F.
AI-extracted from the 10-Q filed 2026-08-05 — Q2 2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Q2 revenue of $5,562M and net income of $1.9 billion as oil realizations reached $96.82 per Bbl and production hit 1,017.7 MBOE/d, while natural gas sales swung to negative $276M.
Biggest Revenue Drivers
Oil sales$4,627M
Oil, natural gas and NGL revenues rose $961 million versus Q1 2026, including $861 million attributable largely to higher average prices received for oil production.
Sales of purchased oil$739M
Purchase and separate sale transactions with third parties to satisfy unused oil pipeline capacity commitments; net purchased oil sales were only $9 million.
Biggest Revenue Drivers
Total revenue: $5,562M
Oil sales$4,627M
Oil, natural gas and NGL revenues rose $961 million versus Q1 2026, including $861 million attributable largely to higher average prices received for oil production.
Sales of purchased oil$739M
Purchase and separate sale transactions with third parties to satisfy unused oil pipeline capacity commitments; net purchased oil sales were only $9 million.
Natural gas liquid sales$435M
Realized NGL price of $18.56 per Bbl versus $16.68 in the first quarter of 2026.
Natural gas sales$(276)M
Realizations adversely affected by widening Waha Hub-to-Henry Hub basis differentials from Permian takeaway constraints, producing periods of negative pricing at Waha Hub.
Largest Expense Items
Depreciation, depletion, amortization and accretion$1,272M
Depletion fell $25 million versus Q1: an $89 million reduction from the lower depletion rate after the Q1 impairment, offset by $64 million from higher volumes.
Purchased oil expense$730M
Cost of third-party oil purchases entered into to satisfy unused oil pipeline capacity commitments.
Lease operating expenses$552M
Increased versus Q1 primarily due to higher production volumes, largely offset by the Company's cost discipline initiatives; $5.96 per BOE versus $6.21.
Production and ad valorem taxes$302M
$3.26 per BOE, or 6.3% of oil, gas and NGL revenue; ad valorem taxes fell as valuations reflect lower 2025 commodity prices.
Margins: Cash operating costs were $10.96 per BOE, and the combined realized price rose to $51.68 per BOE from $43.40 in Q1 2026. No ceiling test impairment was recorded for the quarter.
Watch Items from the Filing
Natural gas sales were negative $(276)M on Waha Hub basis differentials and periods of negative pricing; the Company expects takeaway constraints to ease later in 2026.
A $1.4 billion non-cash ceiling test impairment was recorded in Q1 2026 on lower SEC Prices; management does not expect additional impairment in Q3 2026.
Approximately $1.5 billion of senior notes mature within 12 months against $3.4 billion of liquidity and $12,614M of total debt, net.
Board doubled the repurchase authorization from $8.0 billion to $16.0 billion and removed the minimum 50% return of capital commitment; $9.9 billion remained at July 31, 2026.
Endeavor equityholders held approximately 26.7% of common stock; SGF may sell up to 3.0 million shares per quarter to the Company through December 31, 2026.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
