Diamondback Energy balance sheet
At the end of fiscal 2025, Diamondback Energy had total assets of $71.06bn, total liabilities of $28.09bn and shareholders' equity of $36.97bn. It held $104m in cash against $14.49bn of debt.
Balance sheet
| Fiscal year | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 1.7 | 0.1 | 0.2 | 0.1 | 0.1 | 0.7 | 0.2 | 0.6 | 0.2 | 0.1 | 0.5 |
| Receivables | 0.1 | 0.2 | 0.3 | 0.4 | 0.3 | 0.6 | 0.6 | 0.7 | 1.4 | 1.1 | 1.7 |
| Inventory | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
| Total current assets | 1.8 | 0.4 | 0.9 | 0.9 | 0.6 | 1.4 | 1.4 | 1.6 | 2.1 | 1.9 | 2.7 |
| Total assets | 5.3 | 7.8 | 21.6 | 23.5 | 17.6 | 22.9 | 26.2 | 29.0 | 67.3 | 71.1 | 70.2 |
| Deferred revenue (current) | 0.0 | 0.1 | 0.1 | 0.3 | 0.2 | 0.5 | 0.6 | 0.8 | 1.5 | 1.4 | 1.7 |
| Total current liabilities | 0.2 | 0.6 | 1.0 | 1.3 | 1.2 | 1.4 | 1.7 | 2.1 | 4.8 | 4.6 | 5.7 |
| Short-term debt | — | — | — | 0.0 | 0.2 | 0.0 | 0.0 | 0.0 | 0.9 | 0.8 | 1.5 |
| Long-term debt | 1.1 | 1.5 | 4.5 | 5.4 | 5.6 | 6.6 | 6.2 | 6.6 | 12.1 | 13.7 | 11.1 |
| Total debt | 1.1 | 1.5 | 4.5 | 5.4 | 5.8 | 6.7 | 6.2 | 6.6 | 13.0 | 14.5 | 12.6 |
| Total liabilities | 1.3 | 2.2 | 7.4 | 8.6 | 7.8 | 9.7 | 10.5 | 11.6 | 27.4 | 28.1 | 26.2 |
| Shareholders' equity | 3.7 | 5.3 | 13.7 | 13.2 | 8.8 | 12.1 | 15.0 | 16.6 | 37.7 | 37.0 | 37.9 |
| Non-controlling interests and other (assets − liabilities − equity) | 0.3 | 0.3 | 0.5 | 1.7 | 1.0 | 1.2 | 0.7 | 0.8 | 2.1 | 6.0 | 6.1 |
| Shares outstanding | 90m | 98m | — | 159m | 158m | 178m | 180m | 179m | — | 285m | 281m |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Receivables | 1.2 | 1.4 | 1.3 | 1.3 | 1.3 | 1.1 | 1.8 | 1.7 |
| Inventory | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
| Total current assets | 2.0 | 2.1 | 4.1 | 2.1 | 2.6 | 1.9 | 2.7 | 2.7 |
| Total assets | 65.7 | 67.3 | 70.1 | 71.9 | 76.2 | 71.1 | 70.1 | 70.2 |
| Deferred revenue (current) | 1.4 | 1.5 | 1.6 | 1.6 | 1.4 | 1.4 | 1.5 | 1.7 |
| Total current liabilities | 4.5 | 4.8 | 4.8 | 3.8 | 4.1 | 4.6 | 4.8 | 5.7 |
| Short-term debt | 1.0 | 0.9 | 0.9 | 0.0 | 0.4 | 0.8 | 0.7 | 1.5 |
| Long-term debt | 11.9 | 12.1 | 13.0 | 15.1 | 15.8 | 13.7 | 13.1 | 11.1 |
| Total debt | 12.9 | 13.0 | 13.9 | 15.1 | 16.2 | 14.5 | 13.9 | 12.6 |
| Total liabilities | 26.9 | 27.4 | 28.3 | 29.1 | 30.6 | 28.1 | 27.4 | 26.2 |
| Shareholders' equity | 37.4 | 37.7 | 38.5 | 38.9 | 39.1 | 37.0 | 36.5 | 37.9 |
| Non-controlling interests and other (assets − liabilities − equity) | 1.4 | 2.1 | 3.3 | 3.9 | 6.5 | 6.0 | 6.2 | 6.1 |
| Shares outstanding | 293m | 291m | 287m | 291m | 287m | 285m | 281m | 281m |
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