Diamondback Energy, Inc.
For the period ended Sep 30, 2026. Filed Nov 4, 2026.
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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, 2026 · Filed Nov 4, 2026
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 exhibitsContents
Condensed Consolidated Statements of Operations
| Diamondback Energy, Inc. and Subsidiaries | ||||
|---|---|---|---|---|
| Condensed Consolidated Statements of Operations | ||||
| (Unaudited) | ||||
| Three Months Ended September 30, | Nine Months Ended September 30, | |||
| 2026 | 2025 | 2026 | 2025 | |
| (In millions, except per share amounts, shares in thousands) | ||||
| Revenues: | ||||
| Oil sales | $4,216 | $2,994 | $12,288 | $8,885 |
| Natural gas sales | 151 | 87 | (104) | 396 |
| Natural gas liquid sales | 487 | 366 | 1,281 | 1,139 |
| Sales of purchased oil | 536 | 459 | 1,660 | 1,168 |
| Other operating income | 41 | 18 | 108 | 62 |
| Total revenues | 5,431 | 3,924 | 15,233 | 11,650 |
| Costs and expenses: | ||||
| Lease operating expenses | 568 | 490 | 1,667 | 1,338 |
| Production and ad valorem taxes | 287 | 212 | 857 | 654 |
| Gathering, processing and transportation | 126 | 122 | 359 | 378 |
| Purchased oil expense | 540 | 455 | 1,663 | 1,168 |
| Depreciation, depletion, amortization and accretion | 1,320 | 1,286 | 3,885 | 3,649 |
| Impairment of oil and natural gas properties | — | — | 1,400 | — |
| General and administrative expenses | 83 | 70 | 234 | 210 |
| Other operating expenses, net | 7 | 53 | 40 | 205 |
| Total costs and expenses | 2,931 | 2,688 | 10,105 | 7,602 |
| Income (loss) from operations | 2,500 | 1,236 | 5,128 | 4,048 |
| Other income (expense): | ||||
| Interest expense, net | (55) | (70) | (174) | (166) |
| Other income (expense), net | 5 | 116 | 8 | 153 |
| Gain (loss) on derivative instruments, net | (182) | 120 | (16) | 149 |
| Gain (loss) on extinguishment of debt, net | 4 | (32) | 137 | 23 |
| Total other income (expense), net | (228) | 134 | (45) | 159 |
| Income (loss) before income taxes | 2,272 | 1,370 | 5,083 | 4,207 |
| Provision for (benefit from) income taxes | 501 | 287 | 1,113 | 894 |
| Net income (loss) | 1,771 | 1,083 | 3,970 | 3,313 |
| Net income (loss) attributable to non-controlling interest | 168 | 65 | 460 | 191 |
| Net income (loss) attributable to Diamondback Energy, Inc. | $1,603 | $1,018 | $3,510 | $3,122 |
| Earnings (loss) per common share: | ||||
| Basic | $5.69 | $3.51 | $12.41 | $10.71 |
| Diluted | $5.69 | $3.51 | $12.41 | $10.71 |
| Weighted average common shares outstanding: | ||||
| Basic | 279,959 | 288,826 | 281,307 | 290,188 |
| Diluted | 279,959 | 288,826 | 281,307 | 290,188 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.