Diamondback Energy, Inc.
For the period ended Sep 30, 2025. Filed Nov 5, 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.
Sep 30, 2025 · Filed Nov 5, 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) | ||
| September 30, | December 31, | |
| 2025 | 2024 | |
| (In millions, except par values and share data) | ||
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents ($53 million and $27 million related to Viper) | $159 | $161 |
| Restricted cash ($390 million and $— million related to Viper) | 393 | 3 |
| Accounts receivable: | ||
| Joint interest and other, net | 345 | 198 |
| Oil and natural gas sales, net ($290 million and $149 million related to Viper) | 1,280 | 1,387 |
| Inventories | 86 | 116 |
| Derivative instruments | 174 | 168 |
| Prepaid expenses and other current assets | 144 | 77 |
| Total current assets | 2,581 | 2,110 |
| Property and equipment: | ||
| Oil and natural gas properties, full cost method of accounting ($24,498 million and $22,666 million excluded from amortization at September 30, 2025, and December 31, 2024, respectively) ($14,589 million and $5,713 million related to Viper and $5,275 million and $2,180 million excluded from amortization related to Viper) | 94,309 | 82,240 |
| Other property, equipment and land | 1,019 | 1,440 |
| Accumulated depletion, depreciation, amortization and impairment ($1,454 million and $1,081 million related to Viper) | (22,795) | (19,208) |
| Property and equipment, net | 72,533 | 64,472 |
| Funds held in escrow | 17 | 1 |
| Equity method investments | 362 | 375 |
| Assets held for sale | 505 | — |
| Derivative instruments | 1 | 2 |
| Deferred income taxes, net ($— million and $185 million related to Viper) | — | 173 |
| Other assets | 214 | 159 |
| Total assets | $76,213 | $67,292 |
| Liabilities and Stockholders’ Equity | ||
| Current liabilities: | ||
| Accounts payable - trade | $426 | $253 |
| Accrued capital expenditures | 846 | 690 |
| Current maturities of debt ($380 million and $— million related to Viper) | 394 | 900 |
| Other accrued liabilities | 1,000 | 1,020 |
| Revenues and royalties payable | 1,433 | 1,491 |
| Derivative instruments | 10 | 43 |
| Income taxes payable | 33 | 414 |
| Total current liabilities | 4,142 | 4,811 |
| Long-term debt ($2,241 million and $1,083 million related to Viper) | 15,848 | 12,075 |
| Derivative instruments | 106 | 106 |
| Asset retirement obligations | 584 | 573 |
| Deferred income taxes | 9,877 | 9,826 |
| Other long-term liabilities | 22 | 39 |
| Total liabilities | 30,579 | 27,430 |
| Commitments and contingencies (Note 16) | ||
| Stockholders’ equity: | ||
| Common stock, $0.01 par value; 800,000,000 shares authorized; 286,876,206 and 290,984,373 shares issued and outstanding at September 30, 2025, and December 31, 2024, respectively | 3 | 3 |
| Additional paid-in capital | 32,606 | 33,501 |
| Retained earnings (accumulated deficit) | 6,486 | 4,238 |
| Accumulated other comprehensive income (loss) | (7) | (6) |
| Total Diamondback Energy, Inc. stockholders’ equity | 39,088 | 37,736 |
| Non-controlling interest | 6,546 | 2,126 |
| Total equity | 45,634 | 39,862 |
| Total liabilities and stockholders’ equity | $76,213 | $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.