FANGDiamondback Energy
Price
+39%1YEnd-of-day closes, not the intraday tick.
A mixed picture: the questions disagree
Quality mixed, nothing alarming, price roughly fair, growth steady, the market undecided.
We are an independent oil and natural gas company focused on the acquisition, development, exploration and exploitation of unconventional, onshore oil and natural gas reserves primarily in the Permian Basin in West Texas. This basin, which is one of the major producing basins in the United States, is characterized by an extensive production history, a favorable operating environment, mature infrastructure, long reserve life, multiple producing horizons, enhanced recovery potential and a large number of operators.
In the company’s own words · 10-K filed Feb 25, 2026 · SEC EDGAR
Charts
As reported to the SEC, without any scoring.
Diamondback Energy (FANG) reported revenue of $5.56B in Q2 2026 (quarter ended Jun 30, 2026), up 51% from the same quarter a year earlier. That came with net income of $1.88B (34% of revenue). For the full year FY2025, revenue was $15.0B (+36% year on year) and net income $1.66B. Its largest product in Q2 2026 was Oil Explorationand Production at $4.63B, 80% of the disclosed total, well ahead of Oil Purchased at 13%. The next results filing is expected around Jan 11, 2027, the same week as a year ago.
What the company said
The company's own words from its current reports to the SEC, newest first
- Sep 30, 2026On September 29, 2026, Diamondback Energy, Inc. (the “Company”) and SGF FANG Holdings, LP entered into the First Amendment (the “Amendment”) to the Stockholders Agreement, dated as of September 10, 2024 (as amended, supplemented or joined from time to time, the “Stockholders Agreement”)Material agreement entered · Form 8-K
- Aug 3, 2026Midland, TX (August 3, 2026) - Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback,” “we,” “our” or the “Company”) today announced financial and operating results for the second quarter ended June 30, 2026.Earnings release · press release
- Jun 15, 2026On June 12, 2026, Diamondback Energy, Inc., as parent guarantor (the “Company”) and Diamondback E&P LLC (the “Borrower”) entered into a seventeenth amendment (the “Amendment”) to the Second Amended and Restated Credit Agreement, dated as of November 1, 2013, with Wells Fargo Bank, National Association, as …Material agreement entered · Form 8-K
Quoted from SEC EDGAR filings. A current report is filed within four business days of the event it describes.
Business segments
Q2 2026 · $5.80BThe company’s own SEC segment disclosure.
- Oil Exploration and Production$4.63B80%
- Oil Purchased$739.0M13%
- Natural Gas Liquids Production$435.0M7%
Why these answers
Each answer with the checks it was read from. Open one for the numbers.
Conflicts between checks are named, never averaged, and thin data says so.
Oil & Gas E&P
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