Diamondback Energy Inc
For the period ended Dec 31, 2024. Filed Feb 26, 2025.
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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.
FY2024 · Filed Feb 26, 2025
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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Item 8. Financial Statements and Supplementary Data
| (a) | Documents included in this report: |
|---|---|
| 1. Financial Statements | |
| Report of Independent Registered Public Accounting Firm (PCAOB ID Number 248) | 67 |
| Consolidated Balance Sheets | 70 |
| Consolidated Statements of Operations and Comprehensive Income | 71 |
| Consolidated Statements of Stockholders' Equity | 72 |
| Consolidated Statements of Cash Flows | 73 |
| Notes to Consolidated Financial Statements | 74 |
| Note 1 - Description of the Business and Basis of Presentation | 74 |
| Note 2 - Summary of Significant Accounting Policies | 75 |
| Note 3 - Revenue from Contracts with Customers | 83 |
| Note 4 - Acquisitions and Divestitures | 84 |
| Note 5 - Endeavor Energy Resources, LP Acquisition | 90 |
| Note 6 - Property and Equipment | 94 |
| Note 7 - Asset Retirement Obligations | 95 |
| Note 8 - Equity Method Investments and Related Party Transactions | 95 |
| Note 9 - Debt | 97 |
| Note 10 - Stockholders' Equity and Earnings (Loss) Per Share | 101 |
| Note 11 - Equity-Based Compensation | 103 |
| Note 12 - Income Taxes | 105 |
| Note 13 - Derivatives | 108 |
| Note 14 - Fair Value Measurements | 111 |
| Note 15 - Supplemental Information to Statements of Cash Flows | 114 |
| Note 16 - Commitments and Contingencies | 114 |
| Note 17 - Subsequent Events | 116 |
| Note 18 - Segment Information | 117 |
| Note 19 - Supplemental Information on Oil and Natural Gas Operations (Unaudited) | 117 |
| 2. Financial Statement Schedules | |
| Financial statement schedules have been omitted because they are either not required, not applicable or the information required to be presented is included in the Company’s consolidated financial statements and related notes. | |
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