Diamondback Energy, Inc.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue ($40.7m) ($40.6m) $2.2b $4.0b $2.8b $6.8b $9.6b $8.4b $11.1b $15.0b
Revenue from Contract with Customer, Including Assessed Tax $2.2b
Operating expenses:
Operating Income (Loss) ($68.6m) $605.0m $1.0b $695.0m ($5.5b) $4.0b $6.5b $4.6b $4.4b $1.3b
Additional Financial Items
Gain (Loss) on Investments ($550k) $5.0m ($9.0m)
Income (Loss) from Equity Method Investments $676k $657k $0 ($6.0m) ($10.0m) $15.0m $77.0m $48.0m $21.0m
Interest Income, Other $4.0m $1.0m $1.0m $2.0m $156.0m $25.0m
Other Operating Income $0 $0 $9.3m $9.0m $7.0m $5.0m $77.0m $73.0m $43.0m $97.0m
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest ($164.7m) $497.2m $1.1b $362.0m ($5.8b) $2.9b $5.7b $4.2b $4.5b $1.9b
Net Income (Loss) Attributable to Parent ($165.0m) $482.3m $845.7m $240.0m ($4.5b) $2.2b $4.4b $3.1b $3.3b $1.7b
Net Income (Loss) Available to Common Stockholders, Basic ($165.0m) $482.3m $845.7m $240.0m ($4.5b) $2.2b $4.3b $3.1b $3.3b $1.7b
Net Income (Loss) Attributable to Noncontrolling Interest $126k $34.5m $99.2m $75.0m ($155.0m) $94.0m $176.0m $193.0m $363.0m ($117.0m)
Earnings Per Share, Basic ($2.20) $4.95 $8.09 $1.47 ($28.59) $12.35 $24.61 $17.34 $15.53 $5.73
Earnings Per Share, Diluted ($2.20) $4.94 $8.06 $1.47 ($28.59) $12.30 $24.61 $17.34 $15.53 $5.73
Common Stock, Dividends, Per Share, Declared ($2.20) $4.95 $8.09 $0.94 $1.52 $1.95 $11.31 $17.34 $15.53 $5.73
Weighted Average Number of Shares Outstanding, Basic 75.1m 97.5m 104.6m 163.5m 158.0m 176.6m 176.5m 180.0m 213.5m 289.1m
Weighted Average Number of Shares Outstanding, Diluted 75.1m 97.7m 104.9m 163.8m 158.0m 177.4m 176.5m 180.0m 213.5m 289.1m
Operating Lease, Expense $205.0m $490.0m $425.0m $565.0m $652.0m $872.0m $1.3b $1.9b
Selling, General and Administrative Expense $42.6m $48.7m $64.6m $104.0m $88.0m $146.0m $144.0m $150.0m $213.0m $288.0m
Other Nonoperating Income (Expense) ($2.0m) $2.0m ($895.0m) ($613.0m) ($195.0m) $455.0m
Current Income Tax Expense (Benefit) $192k $999k ($995k) $0 ($62.0m) $25.0m $454.0m $534.0m $785.0m $846.0m
Interest Expense $41.1m $40.7m $87.8m $173.0m $197.0m $199.0m $159.0m $175.0m $135.0m $244.0m
Other Cost and Expense, Operating $3.3m $4.0m $4.0m $6.0m $112.0m $140.0m $103.0m $77.0m
Income Tax Expense (Benefit) $192k ($19.6m) $168.4m $47.0m ($1.1b) $631.0m $1.2b $912.0m $800.0m $327.0m
Interest Income (Expense), Net ($40.7m) ($40.6m)
Interest Income (Expense), Nonoperating, Net ($40.7m) ($40.6m) ($87.3m) ($172.0m) ($197.0m) ($199.0m) ($159.0m) ($175.0m) ($135.0m) ($244.0m)

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.