Diamondback Energy, Inc.
For the period ended Jun 30, 2025. Filed Aug 6, 2025.
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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, 2025 · Filed Aug 6, 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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Condensed Consolidated Balance Sheets
| Diamondback Energy, Inc. and Subsidiaries | ||
|---|---|---|
| Condensed Consolidated Balance Sheets | ||
| (Unaudited) | ||
| June 30, | December 31, | |
| 2025 | 2024 | |
| (In millions, except par values and share data) | ||
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents ($28 million and $27 million related to Viper) | $219 | $161 |
| Restricted cash | 2 | 3 |
| Accounts receivable: | ||
| Joint interest and other, net | 256 | 198 |
| Oil and natural gas sales, net ($203 million and $149 million related to Viper) | 1,278 | 1,387 |
| Inventories | 115 | 116 |
| Derivative instruments | 117 | 168 |
| Prepaid expenses and other current assets | 79 | 77 |
| Total current assets | 2,066 | 2,110 |
| Property and equipment: | ||
| Oil and natural gas properties, full cost method of accounting ($24,206 million and $22,666 million excluded from amortization at June 30, 2025 and December 31, 2024, respectively) ($10,560 million and $5,713 million related to Viper and $3,873 million and $2,180 million excluded from amortization related to Viper) | 89,302 | 82,240 |
| Other property, equipment and land | 1,456 | 1,440 |
| Accumulated depletion, depreciation, amortization and impairment ($1,272 million and $1,081 million related to Viper) | (21,529) | (19,208) |
| Property and equipment, net | 69,229 | 64,472 |
| Funds held in escrow | 1 | 1 |
| Equity method investments | 388 | 375 |
| Derivative instruments | — | 2 |
| Deferred income taxes, net ($42 million and $185 million related to Viper) | 42 | 173 |
| Other assets | 215 | 159 |
| Total assets | $71,941 | $67,292 |
| Liabilities and Stockholders’ Equity | ||
| Current liabilities: | ||
| Accounts payable - trade | $210 | $253 |
| Accrued capital expenditures | 793 | 690 |
| Current maturities of debt | 14 | 900 |
| Other accrued liabilities | 881 | 1,020 |
| Revenues and royalties payable | 1,563 | 1,491 |
| Derivative instruments | 21 | 43 |
| Income taxes payable | 277 | 414 |
| Total current liabilities | 3,759 | 4,811 |
| Long-term debt ($1,098 million and $1,083 million related to Viper) | 15,119 | 12,075 |
| Derivative instruments | 93 | 106 |
| Asset retirement obligations | 616 | 573 |
| Deferred income taxes | 9,516 | 9,826 |
| Other long-term liabilities | 19 | 39 |
| Total liabilities | 29,122 | 27,430 |
| Commitments and contingencies (Note 16) | ||
| Stockholders’ equity: | ||
| Common stock, $0.01 par value; 800,000,000 shares authorized; 291,155,296 and 290,984,373 shares issued and outstanding at June 30, 2025 and December 31, 2024, respectively | 3 | 3 |
| Additional paid-in capital | 33,127 | 33,501 |
| Retained earnings (accumulated deficit) | 5,758 | 4,238 |
| Accumulated other comprehensive income (loss) | (7) | (6) |
| Total Diamondback Energy, Inc. stockholders’ equity | 38,881 | 37,736 |
| Non-controlling interest | 3,938 | 2,126 |
| Total equity | 42,819 | 39,862 |
| Total liabilities and stockholders’ equity | $71,941 | $67,292 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.