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Diamondback Energy Inc

For the period ended Dec 31, 2023. Filed Feb 22, 2024.

View on SEC.gov

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Feb 22, 2024

FANG$178.08-0.1%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits
Contents

Consolidated Statements of Stockholders' Equity

Common Stock · Additional Paid-in Capital · Retained Earnings (Accumulated Deficit) · AccumulatedOtherComprehensiveIncome (Loss) · Non-Controlling Interest
Shares · Amount · Total
($ in millions, shares in thousands)
Balance at December 31, 2020158,088$2$12,656$(3,864)$—$1,010$9,804
Issuance of common units - Viper Energy Partners LP—————337337
Unit-based compensation—————1111
Distribution equivalent rights payments———(4)—(2)(6)
Common stock issued for acquisitions22,795—1,727———1,727
Stock-based compensation——60———60
Cash paid for tax withholding on vested equity awards——(6)——(2)(8)
Repurchased shares under buyback program(4,128)—(431)———(431)
Repurchased units under buyback programs—————(94)(94)
Distributions to non-controlling interest—————(112)(112)
Dividend paid———(312)——(312)
Exercise of stock options and vesting of restricted stock units796—12———12
Change in ownership of consolidated subsidiaries, net——66——(85)(19)
Net income (loss)———2,182—942,276
Balance at December 31, 2021177,551214,084(1,998)—1,15713,245
Unit-based compensation—————88
Distribution equivalent rights payments———(15)—(1)(16)
Stock-based compensation4—68———68
Cash paid for tax withholding on vested equity awards(11)—(16)——(3)(19)
Repurchased shares under buyback program(8,694)—(1,098)———(1,098)
Repurchased units under buyback programs—————(153)(153)
Common stock issued for acquisition10,273—1,220——(344)876
Distributions to non-controlling interest—————(217)(217)
Dividend paid———(1,572)——(1,572)
Exercise of stock options and issuance of restricted stock units and awards718—1———1
Change in ownership of consolidated subsidiaries, net——(46)——5812
Other comprehensive income (loss), net of tax————(7)—(7)
Net income (loss)———4,386—1764,562
Balance at December 31, 2022179,841214,213801(7)68115,690
Viper common stock issued for acquisition—————255255
Viper equity-based compensation—————11
Distribution equivalent rights payments———(11)——(11)
Stock-based compensation394—79———79
Cash paid for tax withholding on vested equity awards(146)—(20)———(20)
Repurchased shares under buyback program(6,238)—(840)———(840)
Repurchased shares/units under Viper's buyback programs—————(95)(95)
Common stock issued for acquisition4,330—633———633
Dividends/distributions to non-controlling interest—————(129)(129)
Dividend paid———(1,444)——(1,444)
Exercise of stock options and issuance of restricted stock units and awards543——————
Change in ownership of consolidated subsidiaries, net——77——(101)(24)
Other comprehensive income (loss), net of tax————(1)—(1)
Net income (loss)———3,143—1933,336
Balance at December 31, 2023178,724$2$14,142$2,489$(8)$805$17,430
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.