Diamondback Energy, Inc. (FANG) FY2025 Q1 Balance Sheet

Diamondback Energy, Inc. (FANG) FY2025 Q1 Balance Sheet

Balance sheet as of 2025-03-31. The chart shows assets, liabilities and equity at that date.

Assets

70,066,000,000 US dollars

Current assets

4,083,000,000 US dollars

Non-current assets

65,983,000,000 US dollars

Liabilities

28,323,000,000 US dollars

Current liabilities

4,753,000,000 US dollars

Non-current liabilities

23,570,000,000 US dollars

Equity

41,743,000,000 US dollars

Noncontrolling interest

3,270,000,000 US dollars. Included in consolidated equity; this amount is not added again.

Oil and natural gas properties, full cost method of accounting ($22,019 million and $22,666 million excluded from amortization at March 31, 2025 and December 31, 2024, respectively) ($6,097 million and $5,713 million related to Viper and $2,279 million and $2,180 million excluded from amortization related to Viper)

83,727,000,000 US dollars. Part of Property and equipment, net, drawn as one net amount.

Other property, equipment and land

1,452,000,000 US dollars. Part of Property and equipment, net, drawn as one net amount.

Accumulated depletion, depreciation, amortization and impairment ($1,148 million and $1,081 million related to Viper)

negative 20,283,000,000 US dollars. Part of Property and equipment, net, drawn as one net amount.

Cash and cash equivalents ($560 million and $27 million related to Viper)

1,816,000,000 US dollars

Oil and natural gas sales, net ($146 million and $149 million related to Viper)

1,334,000,000 US dollars

Derivative instruments

267,000,000 US dollars

Joint interest and other, net

257,000,000 US dollars

Restricted cash

225,000,000 US dollars

Inventories

117,000,000 US dollars

Prepaid expenses and other current assets

67,000,000 US dollars

Property and equipment, net

64,896,000,000 US dollars

Equity method investments

383,000,000 US dollars

Deferred income taxes, net ($249 million and $185 million related to Viper)

235,000,000 US dollars

Funds held in escrow

208,000,000 US dollars

Other assets

200,000,000 US dollars

Derivative instruments

61,000,000 US dollars

Revenues and royalties payable

1,575,000,000 US dollars

Current maturities of debt

914,000,000 US dollars

Other accrued liabilities

761,000,000 US dollars

Accrued capital expenditures

754,000,000 US dollars

Income taxes payable

550,000,000 US dollars

Accounts payable - trade

124,000,000 US dollars

Derivative instruments

75,000,000 US dollars

Long-term debt ($822 million and $1,083 million related to Viper)

12,996,000,000 US dollars

Deferred income taxes

9,887,000,000 US dollars

Asset retirement obligations

586,000,000 US dollars

Derivative instruments

93,000,000 US dollars

Other long-term liabilities

8,000,000 US dollars

Additional paid-in capital

33,125,000,000 US dollars

Retained earnings (accumulated deficit)

5,352,000,000 US dollars

Common stock, $0.01 par value; 800,000,000 shares authorized; 287,287,926 and 290,984,373 shares issued and outstanding at March 31, 2025 and December 31, 2024, respectively

3,000,000 US dollars

Non-controlling interest

3,270,000,000 US dollars

Accumulated other comprehensive income (loss)

negative 7,000,000 US dollars

Gross equity (calculated)

41,750,000,000 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.