# Diamondback Energy, Inc. (FANG) FY2024 Q3 Balance Sheet

- Company: Diamondback Energy, Inc. (FANG)
- Period: As of 2024-09-30
- Filing: Q3 FY2024 10-Q, filed 2024-11-07, accession number 0001539838-24-000198
- Page: https://plicit.ai/financials/fang/fy2024-q3-balance-sheet
- Chart image: https://plicit.ai/charts/fang-fy2024-q3-balance-sheet-sankey.png

## Chart details

Balance sheet as of 2024-09-30. The chart shows assets, liabilities and equity at that date.

- **Assets**: 65,747,000,000 US dollars
- **Current assets**: 2,022,000,000 US dollars
- **Non-current assets**: 63,725,000,000 US dollars
- **Liabilities**: 26,928,000,000 US dollars
- **Current liabilities**: 4,463,000,000 US dollars
- **Non-current liabilities**: 22,465,000,000 US dollars
- **Equity**: 38,819,000,000 US dollars
- **Noncontrolling interest**: 1,390,000,000 US dollars. Included in consolidated equity; this amount is not added again.
- **Oil and natural gas properties, full cost method of accounting ($21,971 million and $8,659 million excluded from amortization at September 30, 2024 and December 31, 2023, respectively) ($4,771 million and $4,629 million related to Viper and $1,623 million and $1,769 million excluded from amortization related to Viper)**: 79,718,000,000 US dollars. Part of Property and equipment, net, drawn as one net amount.
- **Other property, equipment and land**: 1,417,000,000 US dollars. Part of Property and equipment, net, drawn as one net amount.
- **Accumulated depletion, depreciation, amortization and impairment ($1,016 million and $866 million related to Viper)**: negative 18,082,000,000 US dollars. Part of Property and equipment, net, drawn as one net amount.
- **Oil and natural gas sales, net ($109 million and $109 million related to Viper)**: 1,197,000,000 US dollars
- **Cash and cash equivalents**: 370,000,000 US dollars
- **Joint interest and other, net**: 233,000,000 US dollars
- **Inventories**: 126,000,000 US dollars
- **Prepaid expenses and other current assets**: 51,000,000 US dollars
- **Derivative instruments**: 42,000,000 US dollars
- **Restricted cash**: 3,000,000 US dollars
- **Property and equipment, net**: 63,053,000,000 US dollars
- **Equity method investments**: 377,000,000 US dollars
- **Investment in real estate, net**: 81,000,000 US dollars
- **Other assets**: 71,000,000 US dollars
- **Deferred income taxes, net**: 62,000,000 US dollars
- **Funds held in escrow**: 43,000,000 US dollars
- **Derivative instruments**: 38,000,000 US dollars
- **Revenues and royalties payable**: 1,444,000,000 US dollars
- **Current maturities of debt**: 1,000,000,000 US dollars
- **Other accrued liabilities**: 857,000,000 US dollars
- **Accrued capital expenditures**: 641,000,000 US dollars
- **Income taxes payable**: 289,000,000 US dollars
- **Accounts payable - trade**: 198,000,000 US dollars
- **Derivative instruments**: 34,000,000 US dollars
- **Long-term debt ($822 million and $1,083 million related to Viper)**: 11,923,000,000 US dollars
- **Deferred income taxes**: 9,952,000,000 US dollars
- **Asset retirement obligations**: 493,000,000 US dollars
- **Derivative instruments**: 79,000,000 US dollars
- **Other long-term liabilities**: 18,000,000 US dollars
- **Additional paid-in capital**: 34,007,000,000 US dollars
- **Retained earnings (accumulated deficit)**: 3,427,000,000 US dollars
- **Common stock, $0.01 par value; 800,000,000 shares authorized; 292,742,664 and 178,723,871 shares issued and outstanding at September 30, 2024 and December 31, 2023, respectively**: 3,000,000 US dollars
- **Non-controlling interest**: 1,390,000,000 US dollars
- **Accumulated other comprehensive income (loss)**: negative 8,000,000 US dollars
- **Gross equity (calculated)**: 38,827,000,000 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.