Diamondback Energy Inc
For the period ended Jun 30, 2024. Filed Aug 7, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Aug 7, 2024
FANG$178.08-0.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Stockholders’ Equity
| Common Stock · Additional Paid-in Capital · Retained Earnings (Accumulated Deficit) · AccumulatedOtherComprehensiveIncome (Loss) · Non-Controlling Interest · Total | |||||||
|---|---|---|---|---|---|---|---|
| Shares · Amount | |||||||
| ($ in millions, shares in thousands) | |||||||
| Balance December 31, 2023 | 178,724 | $2 | $14,142 | $2,489 | $(8) | $805 | $17,430 |
| Distribution equivalent rights payments | — | — | — | (4) | — | — | (4) |
| Stock-based compensation | — | — | 21 | — | — | — | 21 |
| Cash paid for tax withholding on vested equity awards | (187) | — | (34) | — | — | — | (34) |
| Repurchased shares under buyback program | (279) | — | (42) | — | — | — | (42) |
| Proceeds from partial sale of investment in Viper Energy, Inc. | — | — | 219 | — | — | 197 | 416 |
| Dividends to non-controlling interest | — | — | — | — | — | (44) | (44) |
| Dividends paid | — | — | — | (548) | — | — | (548) |
| Issuance of shares upon vesting of equity awards | 82 | — | — | — | — | — | — |
| Change in ownership of consolidated subsidiaries, net | — | — | (55) | — | — | 70 | 15 |
| Net income (loss) | — | — | — | 768 | — | 41 | 809 |
| Balance March 31, 2024 | 178,340 | 2 | 14,251 | 2,705 | (8) | 1,069 | 18,019 |
| Viper equity-based compensation | — | — | — | — | — | 1 | 1 |
| Distribution equivalent rights payments | — | — | — | (3) | — | — | (3) |
| Stock-based compensation | — | — | 25 | — | — | — | 25 |
| Cash paid for tax withholding on vested equity awards | (16) | — | (3) | — | — | — | (3) |
| Dividends to non-controlling interest | — | — | — | — | — | (54) | (54) |
| Dividends paid | — | — | — | (352) | — | — | (352) |
| Issuance of shares upon vesting of equity awards | 70 | — | — | — | — | — | — |
| Change in ownership of consolidated subsidiaries, net | — | — | (6) | — | — | 6 | — |
| Net income (loss) | — | — | — | 837 | — | 57 | 894 |
| Balance June 30, 2024 | 178,394 | $2 | $14,267 | $3,187 | $(8) | $1,079 | $18,527 |
Condensed Consolidated Statements of Stockholders’ Equity - (Continued)
| Common Stock · Additional Paid-in Capital · Retained Earnings (Accumulated Deficit) · AccumulatedOtherComprehensiveIncome (Loss) · Non-Controlling Interest · Total | |||||||
|---|---|---|---|---|---|---|---|
| Shares · Amount | |||||||
| ($ in millions, shares in thousands) | |||||||
| Balance December 31, 2022 | 179,841 | $2 | $14,213 | $801 | $(7) | $681 | $15,690 |
| Unit-based compensation | — | — | — | — | — | 1 | 1 |
| Distribution equivalent rights payments | — | — | — | (4) | — | — | (4) |
| Stock-based compensation | — | — | 15 | — | — | — | 15 |
| Cash paid for tax withholding on vested equity awards | (119) | — | (18) | — | — | — | (18) |
| Repurchased shares under buyback program | (2,531) | — | (332) | — | — | — | (332) |
| Repurchased units under buyback programs | — | — | — | — | — | (34) | (34) |
| Common shares issued for acquisition | 4,330 | — | 633 | — | — | — | 633 |
| Distributions to non-controlling interest | — | — | — | — | — | (34) | (34) |
| Dividend paid | — | — | — | (542) | — | — | (542) |
| Exercise of stock options and issuance of restricted stock units and awards | 84 | — | — | — | — | — | — |
| Change in ownership of consolidated subsidiaries, net | — | — | (9) | — | — | 11 | 2 |
| Net income (loss) | — | — | — | 712 | — | 34 | 746 |
| Balance March 31, 2023 | 181,605 | 2 | 14,502 | 967 | (7) | 659 | 16,123 |
| Distribution equivalent rights payments | — | — | — | (1) | — | — | (1) |
| Stock-based compensation | — | — | 22 | — | — | — | 22 |
| Cash paid for tax withholding on vested equity awards | (18) | — | (1) | — | — | — | (1) |
| Repurchased shares under buyback program | (2,427) | — | (321) | — | — | — | (321) |
| Repurchased units under buyback programs | — | — | — | — | — | (23) | (23) |
| Distributions to non-controlling interest | — | — | — | — | — | (25) | (25) |
| Dividend paid | — | — | — | (150) | — | — | (150) |
| Exercise of stock options and vesting of restricted stock units and awards | 59 | — | — | — | — | — | — |
| Change in ownership of consolidated subsidiaries, net | — | — | (15) | — | — | 17 | 2 |
| Net income (loss) | — | — | — | 556 | — | 30 | 586 |
| Balance June 30, 2023 | 179,219 | $2 | $14,187 | $1,372 | $(7) | $658 | $16,212 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.