# Diamondback Energy, Inc. (FANG) FY2024 Annual Balance Sheet

- Company: Diamondback Energy, Inc. (FANG)
- Period: As of 2024-12-31
- Filing: FY2024 10-K, filed 2025-02-26, accession number 0001539838-25-000021
- Page: https://plicit.ai/financials/fang/fy2024-annual-balance-sheet
- Chart image: https://plicit.ai/charts/fang-fy2024-annual-balance-sheet-sankey.png

## Chart details

Balance sheet as of 2024-12-31. The chart shows assets, liabilities and equity at that date.

- **Assets**: 67,292,000,000 US dollars
- **Current assets**: 2,110,000,000 US dollars
- **Non-current assets**: 65,182,000,000 US dollars
- **Liabilities**: 27,430,000,000 US dollars
- **Current liabilities**: 4,811,000,000 US dollars
- **Non-current liabilities**: 22,619,000,000 US dollars
- **Equity**: 39,862,000,000 US dollars
- **Noncontrolling interest**: 2,126,000,000 US dollars. Included in consolidated equity; this amount is not added again.
- **Accumulated depletion, depreciation, amortization and impairment ($1,081 million and $866 million related to Viper)**: negative 19,208,000,000 US dollars. Part of Property and equipment, net, drawn as one net amount.
- **Other property, equipment and land**: 1,440,000,000 US dollars. Part of Property and equipment, net, drawn as one net amount.
- **Oil and natural gas properties, full cost method of accounting ($22,666 million and $8,659 million excluded from amortization at December 31, 2024 and December 31, 2023, respectively) ($5,713 million and $4,629 million related to Viper and $2,180 million and $1,769 million excluded from amortization related to Viper)**: 82,240,000,000 US dollars. Part of Property and equipment, net, drawn as one net amount.
- **Oil and natural gas sales, net ($149 million and $109 million related to Viper)**: 1,387,000,000 US dollars
- **Joint interest and other, net**: 198,000,000 US dollars
- **Derivative instruments**: 168,000,000 US dollars
- **Cash and cash equivalents ($27 million and $26 million related to Viper)**: 161,000,000 US dollars
- **Inventories**: 116,000,000 US dollars
- **Prepaid expenses and other current assets**: 77,000,000 US dollars
- **Restricted cash**: 3,000,000 US dollars
- **Property and equipment, net**: 64,472,000,000 US dollars
- **Equity method investments**: 375,000,000 US dollars
- **Deferred income taxes, net ($185 million and $57 million related to Viper)**: 173,000,000 US dollars
- **Other assets**: 159,000,000 US dollars
- **Derivative instruments**: 2,000,000 US dollars
- **Funds held in escrow**: 1,000,000 US dollars
- **Revenues and royalties payable**: 1,491,000,000 US dollars
- **Other accrued liabilities**: 1,020,000,000 US dollars
- **Current maturities of debt**: 900,000,000 US dollars
- **Accrued capital expenditures**: 690,000,000 US dollars
- **Income taxes payable**: 414,000,000 US dollars
- **Accounts payable - trade**: 253,000,000 US dollars
- **Derivative instruments**: 43,000,000 US dollars
- **Long-term debt ($1,083 million and $1,083 million related to Viper)**: 12,075,000,000 US dollars
- **Deferred income taxes**: 9,826,000,000 US dollars
- **Asset retirement obligations**: 573,000,000 US dollars
- **Derivative instruments**: 106,000,000 US dollars
- **Other long-term liabilities**: 39,000,000 US dollars
- **Additional paid-in capital**: 33,501,000,000 US dollars
- **Retained earnings (accumulated deficit)**: 4,238,000,000 US dollars
- **Common stock, $0.01 par value; 800,000,000 shares authorized; 290,984,373 and 178,723,871 shares issued and outstanding at December 31, 2024 and December 31, 2023, respectively**: 3,000,000 US dollars
- **Non-controlling interest**: 2,126,000,000 US dollars
- **Accumulated other comprehensive income (loss)**: negative 6,000,000 US dollars
- **Gross equity (calculated)**: 39,868,000,000 US dollars. Net equity plus the magnitudes of its negative contributions equals gross positive equity. The negative contributions enter this reconciliation as add-backs; their filed signs stay negative.

### Chart connections

- Assets equal liabilities plus consolidated equity. Consolidated equity includes noncontrolling interests when reported.
- Treasury shares and other negative equity contributions reduce equity.