Non-Current Assets

Capitalized Costs - Proved Properties

Diamondback Energy Capitalized Costs - Proved Properties increased by 1.5% to $72.69B in Q1 2026 compared to the prior quarter. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalHigher is better
VolatilityStable
First reportedQ4 2024
Last reportedQ1 2026

How to read this metric

Growth indicates successful exploration and acquisition, while a decline may signal asset divestitures or significant impairment charges.

Detailed definition

This represents the historical cost of acquiring and developing oil and gas properties that have been proven to contain...

Peer comparison

Standard for upstream energy companies; reflects the scale of the company's proven reserve base.

Metric ID: capitalized_costs_proved_properties

Historical Data

3 periods
 Q4 '24Q4 '25Q1 '26
Value$59.57B$71.59B$72.69B
QoQ Change+20.2%+1.5%
YoY Change+20.2%
Range$59.57B$72.69B
Avg YoY Growth+20.2%
Median YoY Growth+20.2%
Current Streak2+ quarters growth

Frequently Asked Questions

What is Diamondback Energy's capitalized costs - proved properties?
Diamondback Energy (FANG) reported capitalized costs - proved properties of $72.69B in Q1 2026.
What does capitalized costs - proved properties mean?
The accumulated investment in oil and gas properties that are confirmed to have reserves.