StockData
Diamondback Energy, Inc. logo

Diamondback Energy, Inc. (FANG) operating KPIs

FANGNasdaqCrude Petroleum & Natural GasFiscal year ends December 31
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 5, 2026Score 9/3072% above fair value
$212.08+5.65 (+2.74%)

Close on Oct 30, 2026Market cap $59.39BP/E 41.1Yield 1.89%

KPIs

Operating metrics that drive Diamondback Energy's business · fiscal year ends December 31

The chart is empty. Tick the box next to any metric in the table below to plot it — tick several to compare them on one chart.

Add to chartMetric
Q3 2026
2026-09-30
Q2 2026
2026-06-30
Q1 2026
2026-03-31
Q4 2025
2025-12-31
Q3 2025
2025-09-30
Q2 2025
2025-06-30
Q1 2025
2025-03-31
Q4 2024
2024-12-31
Q3 2024
2024-09-30
Q2 2024
2024-06-30
Q1 2024
2024-03-31
Q4 2023
2023-12-31
Total Combined Production (BOE/d)1
1,017,659979,356969,120942,946919,879850,656883,424571,098474,670461,110462,565
Daily Oil Production (BO/d)
525,176520,989512,761503,750495,692475,944475,924321,054276,143273,341273,087
Total Combined Production Volume (MBOE)3
92,60788,14289,15986,75183,70976,55981,27552,54143,19541,96142,556
Crude Oil Production Volume (MBbls)
47,79146,88947,17446,34545,10842,83543,78529,53725,12924,87425,124
Natural Gas Production Volume (MMcf)
128,279118,402121,805115,353110,119100,578107,24966,51951,31050,60250,497
Natural Gas Liquids Production Volume (MBbls)
23,43621,51921,68421,18020,24816,96119,61511,9189,5148,6539,016
Midland Basin — Total Production (MBOE)3
85,14779,86081,02980,82477,31570,16772,28443,46634,83332,94733,387
Midland Basin — Oil Production (MBbls)
44,20942,90743,22442,97941,63939,34139,13424,81920,86720,05520,211
Midland Basin — Natural Gas Production (MMcf)
115,656104,171107,011107,507100,98190,34193,59653,08738,39937,49436,997
Midland Basin — NGL Production (MBbls)
21,66219,59119,97019,92718,84615,76917,5519,7997,5666,6437,010
Delaware Basin — Total Production (MBOE)3
7,3657,6717,2965,8506,2716,2758,8649,0398,3248,9079,115
Delaware Basin — Oil Production (MBbls)
3,5653,7213,6403,3223,4173,4604,6034,7064,2484,7684,886
Delaware Basin — Natural Gas Production (MMcf)
12,24212,87812,1957,8078,7859,96113,31813,32212,81812,89413,413
Delaware Basin — NGL Production (MBbls)
1,7601,8041,6231,2271,3901,1552,0412,1131,9401,9901,993
Other Basins — Total Production (MBOE)3
9561183477123117127363810755
Other Basins — Oil Production (MBbls)
172613104452344812145127
Other Basins — Natural Gas Production (MMcf)
3811,3532,599393532763351109321487
Other Basins — NGL Production (MBbls)
141249126123723682013
Operated Horizontal Wells Completed (Turned to Production) — Gross3
168147127137116123128958610159
Midland Basin — Gross Operated Wells Completed9
168147127137108116124877910150
Lower Spraberry — Gross Wells Completed
3132322821282621213014
Wolfcamp A (Midland) — Gross Wells Completed
3831222711302622201914
Wolfcamp B (Midland) — Gross Wells Completed
4130222731222414161513
Jo Mill — Gross Wells Completed
31312026111719159169
Middle Spraberry — Gross Wells Completed
1371911138151210123
Dean — Gross Wells Completed
5641084445
Wolfcamp D (Midland) — Gross Wells Completed
7841334362
Upper Spraberry — Gross Wells Completed
122382333
Barnett — Gross Wells Completed
10242431
Operated Horizontal Wells Completed — Net1
157137121127109119117102788953
Midland Basin — Net Wells Completed
15713712112710311211395728945
Average Completed Lateral Length (feet)
11,98311,33212,47411,02011,97811,81012,23811,20311,46311,457
Operated Horizontal Wells Drilled (Spud) — Gross2
9711810710812212613776807984
Midland Basin — Gross Operated Wells Drilled9
9711810710712112413171716980
Lower Spraberry — Gross Wells Drilled
1624201927
Wolfcamp A (Midland) — Gross Wells Drilled
2026242824
Wolfcamp B (Midland) — Gross Wells Drilled
1629222526
Jo Mill — Gross Wells Drilled
2216181926
Middle Spraberry — Gross Wells Drilled
671279
Dean — Gross Wells Drilled
11515
Wolfcamp D (Midland) — Gross Wells Drilled
711541
Upper Spraberry — Gross Wells Drilled
21111
Barnett — Gross Wells Drilled
73032
Operated Horizontal Wells Drilled — Net1
891111009811411812971757673
Midland Basin — Net Wells Drilled
891111009711311612467676770
Total Operated Producing Wells at Period-End — Gross3
10,0409,9239,8299,8029,8829,4597,9427,9775,7565,7105,628
Operated Horizontal Wells — Gross2
5,6365,4715,3425,2605,1144,8764,7234,6443,1383,0522,950
Midland Basin — Operated Horizontal Wells (Gross)
5,1795,0134,8684,7444,5994,3694,1023,9482,4502,3712,269
Delaware Basin — Operated Horizontal Wells (Gross)
457458474516515507621696688681681
Operated Vertical Wells — Gross2
4,4044,4524,4874,5424,7684,5833,2193,3332,6182,6582,678
Midland Basin — Operated Vertical Wells (Gross)
4,3684,4124,4474,4374,5984,4113,0663,2622,5812,6212,641
Delaware Basin — Operated Vertical Wells (Gross)
36404010517017215345373737
Total Operated Producing Wells at Period-End — Net4
9,4789,3589,2659,2279,2878,9027,4637,5085,3375,3265,255
Operated Horizontal Wells — Net
5,2945,1265,0014,9184,7784,5694,4254,3542,8612,8112,721
Operated Vertical Wells — Net
4,1844,2324,2644,3094,5094,3333,0383,1542,4762,5152,534
Midland Basin — Total Operated Wells (Net)
9,0218,8958,7898,6578,6618,2816,7526,7964,6694,6584,587
Delaware Basin — Total Operated Wells (Net)
457463476570626621711691668668668
Midland Basin — Total Oil, Gas & NGL Revenue ($M)($M)3
4,4293,5182,7773,2063,0503,3663,0981,9941,7891,6741,723
Midland Basin — Oil Sales ($M)($M)
4,2893,1832,5162,7862,6262,8012,7261,8231,6591,5031,541
Midland Basin — Natural Gas Liquid Sales ($M)($M)
407324272340335374335179128137137
Midland Basin — Natural Gas Sales ($M)($M)
-26711-11808919137-823445
Delaware Basin — Total Oil, Gas & NGL Revenue ($M)($M)3
354287234239246287370360383422440
Delaware Basin — Oil Sales ($M)($M)
337247202206206236313336338360378
Delaware Basin — Natural Gas Liquid Sales ($M)($M)
2833222632314333424743
Delaware Basin — Natural Gas Sales ($M)($M)
-11710782014-931519
Other Basins — Total Oil, Gas & NGL Revenue ($M)($M)3
32022220430252
Other Basins — Oil Sales ($M)($M)
11518220231141
Other Basins — Natural Gas Liquid Sales ($M)($M)
02-10010-1100
Other Basins — Natural Gas Sales ($M)($M)
23500100011
Total Disaggregated Oil, Gas & NGL Revenue Across All Basins ($M)($M)
4,7863,8253,0333,4473,3163,6573,4712,3542,1742,1012,165
Combined Average Realized Price — Unhedged ($/BOE)($)3
51.6843.4034.0239.7339.6147.7742.7144.8050.3350.0750.87
Oil Realized Price — Unhedged ($/Bbl, through Q3 2026)($)
96.8273.475864.6063.2370.9569.4873.1379.5175.0676.42
Natural Gas Liquids Realized Price — Unhedged ($/Bbl, through Q3 2026)($)
18.5616.6813.5117.2818.1323.9419.2717.7017.9721.2619.96
Natural Gas Realized Price — Unhedged ($/Mcf, through Q3 2026)($)
-2.150.180.030.750.882.110.48-0.260.100.991.29
Combined Average Realized Price — Hedged ($/BOE)($)3
52.9045.2134.8840.5839.8948.8942.7645.4350.8949.9750.40
Oil Realized Price — Hedged ($/Bbl, through Q3 2026)($)
94.3372.5357.0763.7062.3470.0668.7272.3278.5574.1375.59
Natural Gas Liquids Realized Price — Hedged ($/Bbl, through Q3 2026)($)
18.5616.6813.5117.2818.1323.9419.2717.7017.9721.2619.96
Natural Gas Realized Price — Hedged ($/Mcf, through Q3 2026)($)
-0.341.901.031.751.453.340.820.601.031.361.31
Total Cash Operating Expense ($/BOE)($)4
10.9611.2610.3110.0510.1010.4810.3011.4911.6711.5210.83
Lease Operating Expenses — LOE ($/BOE)($)
5.966.215.915.655.265.335.676.015.886.085.97
Production and Ad Valorem Taxes ($/BOE)($)
3.263.042.212.442.562.982.772.913.262.842.44
Gathering, Processing and Transportation — GPT ($/BOE)($)
1.221.361.541.411.731.451.171.941.901.841.83
General and Administrative — Cash Component ($/BOE)($)
0.520.650.650.550.550.720.690.630.630.760.59
Total General and Administrative Expense ($/BOE)1
General and Administrative — Non-Cash Stock Compensation ($/BOE)($)
0.260.250.220.250.250.240.200.300.440.340.33
Net Interest Expense ($/BOE)($)
0.600.710.870.810.670.520.420.341.020.930.68
Total Cash Capital Expenditures ($M)($M)2
996933943774864942933688637609649
Operated Drilling & Completion CapEx ($M)($M)
842784748632832631
Capital Workovers, Non-Operated Properties & Science / Other CapEx ($M)($M)
1541491309422
Free Cash Flow (Operating Cash Flow Before Working Capital Less Cash CapEx, $M)($M)2
2,3301,7051,0021,7601,2421,5451,327708816791910
Adjusted Free Cash Flow ($M)($M)
2,3311,7371,1831,7921,3341,5831,3571,003841910
Operating Cash Flow Before Working Capital Changes ($M)($M)
3,3262,6381,9452,5342,1062,4872,2601,3961,4531,4001,559
Consolidated Adjusted EBITDA ($M)($M)2
3,9403,0012,2542,6382,4422,9472,6221,7601,6781,6331,670
Adjusted EBITDA Attributable to Diamondback Energy, Inc. ($M)($M)
3,5492,7042,0212,4082,3112,8012,5041,6561,5751,5471,588
Less: Adjusted EBITDA Attributable to Non-Controlling Interest ($M)($M)
3912972332301311461181041038682
Consolidated Net Debt ($M)($M)4
12,30413,89414,56315,89315,09812,28312,99912,7445,2685,8766,208
Consolidated Principal Total Debt ($M)($M)
12,76614,06814,66716,43215,31714,09913,16013,11412,1766,7726,790
Diamondback Energy, Inc. Standalone Principal Debt ($M)($M)
11,07112,44812,46213,79214,21213,26912,06912,28411,1695,6695,697
Viper Energy, Inc. Subsidiary Principal Debt ($M)($M)
1,6951,6202,2052,6401,1058301,0918301,0071,1031,093
Consolidated Cash & Cash Equivalents ($M)($M)
4621741045392191,8161613706,908896582
Shares Repurchased Under Buyback Program (thousand shares)2
7563,2672,9044,2862,9923,6562,3262,920279873
Average Price Paid Per Repurchased Share ($/sh)($)
187168149141133157173176193163148
Remaining Share Repurchase Authorization at Period-End ($M)($M)
1,9762,1172,6653,0991,7022,1002,6753,0771,5921,5921,634
Quarterly Oil Production Guidance — Low Bound (MBO/d, through Q3 2026)1
517515502505485485470470271271270269
Quarterly Oil Production Guidance — High Bound (MBO/d, through Q3 2026)
527525512515495500475475275275274273
Quarterly Total Production Guidance — Low Bound (MBOE/d, through Q3 2026)1
995950930927890866860840459459458455
Quarterly Total Production Guidance — High Bound (MBOE/d, through Q3 2026)
1,015990966963920900875850466466464460
Viper Energy — Daily Oil Royalty Production (BO/d)4
65,07765,00066,41356,08741,61531,31129,85926,97826,35225,40724,533
Viper Energy — Total Combined Royalty Production (MBOE)
134,363130,711134,000108,85979,28657,37856,10949,37047,47346,13243,783
Viper Energy — Oil Royalty Production (MBbls)
5,9225,8506,1105,1603,7872,8182,7472,4822,3982,3122,257
Viper Energy — Natural Gas Liquids Royalty Production (MBbls)
3,1472,8992,9402,4121,7391,1421,2091,035983954884
Viper Energy — Natural Gas Royalty Production (MMcf)
18,94918,08819,66814,65510,1327,2217,2366,1505,6315,5895,321
Viper Energy — Horizontal Producing Well Count on Royalty Acreage (Gross)4
25,56024,62224,03434,68214,89515,27111,05910,7249,45211,58611,277
Diamondback-Operated Producing Wells on Viper Acreage (Gross)
4,4854,2094,0924,0473,7953,7252,8982,7551,9641,9131,844
Third-Party-Operated Producing Wells on Viper Acreage (Gross)
21,07520,41319,94230,63511,10011,5468,1617,9697,4889,6739,433
Viper Producing Wells — Net 100% Royalty Interest Wells (Total)2
601584569633403400260252232242235
Diamondback-Operated Producing Wells — Net 100% Royalty Interest
278267258255238235156150135132128
Third-Party-Operated Producing Wells — Net 100% Royalty Interest
32331731137716516510410297110108
Viper Producing Wells — Average % Net Royalty Interest (Total)(%)2
2.3%2.4%2.4%1.8%2.7%2.6%2.4%2.4%2.4%2.1%2.1%
Diamondback-Operated Producing Wells — Average % NRI(%)
6.2%6.3%6.3%6.3%6.3%6.3%5.4%5.4%6.9%6.9%6.9%
Third-Party-Operated Producing Wells — Average % NRI(%)
1.5%1.6%1.6%1.2%1.5%1.4%1.3%1.3%1.3%1.1%1.1%
Viper Energy — Horizontal Wells Turned to Production in Period (Gross)4
6916552,085739302442381330375375246
Diamondback-Operated Wells Turned to Production on Viper Acreage (Gross)
146114415124761088881486848
Third-Party-Operated Wells Turned to Production on Viper Acreage (Gross)
5455411,670615226334293249327307198
Wells Turned to Production — Net 100% Royalty Interest (Total)2
201542157887673
Diamondback-Operated Wells Turned — Net 100% Royalty Interest
1092174464342
Third-Party-Operated Wells Turned — Net 100% Royalty Interest
1072182433431
Wells Turned to Production — Average % Net Royalty Interest (Total)(%)
2.9%2.3%2.0%2.1%2.2%1.8%2.1%2.1%1.6%1.9%1.2%
Viper Energy — Active Development Well Count / Work-in-Progress (Gross WIPs)4
1,7981,3701,3881,9471,101921867803736760787
Diamondback-Operated Active Development WIPs on Viper Acreage (Gross)
333272263286284239146179132112114
Third-Party-Operated Active Development WIPs on Viper Acreage (Gross)
1,4651,0981,1251,661817682721624604648673
Active Development WIPs — Net 100% Royalty Interest (Total)2
3937383930231418141413
Diamondback-Operated WIPs — Net 100% Royalty Interest
222021191613610865
Third-Party-Operated WIPs — Net 100% Royalty Interest
17171720141087788
Active Development WIPs — Average % Net Royalty Interest (Total)(%)
2.2%2.7%2.8%2.0%2.7%2.5%1.6%2.2%1.9%1.8%1.7%
Viper Energy — Total Cash Operating Expense ($/BOE)($)6
4.173.923.163.503.604.263.854.164.364.514.03
Viper — Production & Ad Valorem Taxes ($/BOE)($)
3.522.982.352.702.913.293.133.333.523.433.13
Viper — Cash General & Administrative ($/BOE)($)
0.650.940.810.800.690.970.720.830.841.080.90
Viper — Depletion / DD&A Expense ($/BOE)($)
15.9517.5118.9818.1717.1912.9712.5112.0111.1911.1811.12
Viper — Net Interest Expense ($/BOE)($)
1.962.302.923.202.082.523.703.694.324.673.91
Viper — Oil Realized Price, Hedged ($/Bbl)($)
96.4272.3157.2863.7662.8570.266974.2780.2475.6476.56
Viper — Natural Gas Realized Price, Hedged ($/Mcf)($)
1.482.271.531.771.583.741.050.560.641.121.34
Viper Energy — Royalty Income ($M)($M)6
658496422393287244225209215205202
Viper — Total Operating Income ($M)($M)
677511435418297245229211216205205
Viper — Consolidated Adjusted EBITDA ($M)($M)
642485403393274232208191199184187
Viper — Cash Available for Distribution to Class A Shares / Units ($M)($M)
2622041451659710088,96275,44878,42272,12763,751
Viper — Cash Available for Distribution per Class A Share ($/sh)($)
1.371.050.850.970.740.760.860.730.860.790.74
Viper — Base Dividend per Share ($/sh)($)
0.380.380.380.330.330.300.300.300.300.270.27
Viper — Variable Dividend per Share ($/sh)($)
0.290.300.140.25
WTI Cushing Crude Oil Spot Price ($/Bbl — Monthly & EOQ)($)
97.3184.8191.3857.9763.9668.1768.2470.1270.2479.7781.2871.90
Brent Europe Crude Oil Spot Price ($/Bbl — Monthly & EOQ)($)
11485.4010362.5467.9971.4472.7373.8674.0282.2585.4177.63
Henry Hub Natural Gas Spot Price ($/MMBtu — Monthly & EOQ)($)
2.953.153.044.262.973.024.123.012.282.541.492.52
US Oil & Gas Extraction Industrial Production Index (Fed)(×)
154.01152.90149.97149.60151.74150.06146.83145.96143.74145.53143.11143.67
US Oil & Gas Extraction Capacity Utilization (% — Fed)(%)
94.9%95.1%94.0%94.5%96.6%96.2%94.7%94.8%94.0%96.0%95.2%96.6%
US Drilling Oil & Gas Wells Activity Index (Fed)(×)
105.50100.9097.60100.1098.4099.10103.50104.50108.10108.30111.30110.80
US Refined Petroleum Products Producer Price Index (BLS)(×)
458.80366.60311.50217.80248.80240.70241.80235.60245.00266.50293.90256.00
US Regular Conventional Gasoline Retail Price ($/Gal — EIA)($)
4.364.053.642.893.173.153.103.023.213.463.433.13
US No. 2 Diesel Retail Price ($/Gal — EIA)($)
6.295.024.923.623.753.603.583.493.563.724.023.97
Aggregate Revenues from Contracts with Customers ($M — DB)($M)5
5,5464,2233,3683,9143,6664,0463,7042,6422,4812,2252,223
Total Oil, Natural Gas & NGL Production Revenue ($M — DB)($M)
4,7863,8253,0333,4473,3163,6573,4712,3542,1742,1012,165
Crude Oil Production Sales ($M — DB)($M)
4,6273,4452,7362,9942,8523,0393,0422,1601,9981,8671,920
Natural Gas Liquids Production Sales ($M — DB)($M)
435359293366367406378211171184180
Natural Gas Production Sales ($M — DB)($M)
-276214879721251-1755065
Sales of Purchased Oil ($M — DB)($M)
73938530845933537422528230011652
Consolidated Total Revenue ($M — DB)($M)6
5,5624,2403,3763,9243,6784,0483,7112,6452,4832,2272,228
Operating Income ($M — DB)($M)
2,512116-2,7821,2361,1391,6731,4127101,1561,1181,205
Income Before Income Taxes ($M — DB)($M)
2,635176-2,3331,3709431,8941,4059181,1461,0321,275
Income Tax Provision / (Benefit) ($M — DB)($M)
58032-567287204403115210252223264
Consolidated Net Income ($M — DB)($M)
1,88225-1,4581,0186991,4051,074659837768960
Net Income Attributable to Common Stockholders ($M — DB)($M)
1,87122-1,4521,0146951,3991,070653831763955
Net Income Attributable to Noncontrolling Interest ($M — DB)($M)
173119-30865408621649574151
Net Cash Provided by Operating Activities ($M — DB)($M)4
3,5891,8282,3432,3831,6772,3552,3411,2091,5291,3341,624
Depreciation, Depletion, Amortization & Accretion ($M — DB)($M)
1,2721,2931,3891,2861,2661,0971,156742483469469
Net Cash Used in Investing Activities ($M — DB)($M)
-1,395-658-118-2,059-3,979-1,653-1,855-8,166-449-751-1,464
Net Cash Used in Financing Activities ($M — DB)($M)
-1,906-1,100-2,67174821,175-6954194,932-269-405
Dividends Paid to Stockholders ($M — DB)($M)
310295286289291290262416352548603
Total Assets ($M — DB)($M)4
70,21870,08071,05976,21371,94170,06667,29265,74735,63729,69029,001
Net Oil & Natural Gas Properties / PP&E ($M — DB)($M)
66,77266,61368,62172,53369,22964,89664,47263,05327,09927,02426,674
Cash and Cash Equivalents ($M — DB)($M)
4621741041592212,0411643736,911899585
Total Stockholders' and Noncontrolling Equity ($M — DB)($M)
43,98542,64042,96745,63442,81941,74339,86238,81918,52718,01917,430
Common Shares Outstanding at Period-End (M — DB)(M)
281281285287291287291293178178179

Italic numbers are calculated by StockData from reported figures (hover for the formula). Numbers with a dotted underline are read from the text of earnings releases and presentations; hover to see the exact sentence. Tick a row to add it to the chart above (up to 8 lines).

Methodology and excluded metrics
  • Primary Key (Core Tier): Hydrocarbon Production (BOE/d & MBOE by Oil, Natural Gas, and NGLs) and Operated Horizontal Wells Drilled & Completed (Gross & Net) disaggregated across the Midland Basin, Delaware Basin, and 12 geological target zones.
  • Q4 Split Derivations (Step 4 Type 1): Note 3 Disaggregated Commodity Revenue by Basin and MD&A Production vs. Ad Valorem Taxes ($M) derive Q4 via Q4 = Full Year (10-K) − First Nine Months (Q3 10-Q).
  • Consolidated − Standalone Evaluation (Step 4 Type 2): Diamondback Energy, Inc. does not file parent-only Schedule I financial statements, and its publicly traded consolidated mineral & royalty subsidiary Viper Energy, Inc. (NASDAQ: VNOM, CIK 0002074176 / 0001602065) self-reports full SEC 10-K, 10-Q, and 8-K operational and financial results (Group 8), while Diamondback's 8-K Ex 99.1 directly reports Standalone vs. Viper debt and Consolidated vs. Attributable Adjusted EBITDA (Group 6). Therefore, synthetic consolidated − standalone subtraction is unnecessary.
  • Early Q3 2026 Actuals: Form 8-K (Item 2.02) filed on 2026-10-08 provides actual Q3 2026 unhedged & hedged realized prices and derivative settlements prior to the full Q3 2026 10-Q.

Data updated 2026-10-29.

Every KPI on its own page

Full history, chart, sources and a citation for each metric