Products & Services · Revenue

Oil sales — Revenue

Diamondback Energy Oil sales — Revenue increased by 25.9% to $3.45B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 13.4%, from $3.04B to $3.45B. Over 4 years (FY 2021 to FY 2025), Oil sales — Revenue shows an upward trend with a 21.1% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityVolatile
First reportedQ1 2017
Last reportedQ1 2026
Rolls up toTotal Revenue

How to read this metric

An increase suggests higher production volumes or favorable market pricing for crude oil, while a decrease may indicate lower output or declining commodity prices.

Detailed definition

This metric represents the total gross revenue generated from the sale of crude oil produced from upstream exploration a...

Peer comparison

Peers in the upstream oil and gas sector report this as a primary revenue line item, often categorized as 'Oil and Condensate Sales' or 'Crude Oil Revenue' in their income statements.

Metric ID: fang_segment_oil_sales_revenue

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$1.40B$1.51B$1.55B$1.95B$2.19B$1.85B$1.67B$1.65B$1.71B$2.00B$1.92B$1.87B$2.00B$2.16B$3.04B$3.04B$2.85B$2.99B$2.74B$3.45B
QoQ Change+8.0%+3.0%+25.5%+12.5%-15.3%-9.8%-1.1%+3.3%+16.9%-3.9%-2.8%+7.0%+8.1%+40.8%-0.1%-6.2%+5.0%-8.6%+25.9%
YoY Change+56.9%+23.0%+7.8%-15.0%-22.0%+7.8%+14.8%+12.9%+17.0%+8.2%+58.4%+62.8%+42.7%+38.6%-10.1%+13.4%
Range$1.40B$3.45B
CAGR+21.0%
Avg YoY Growth+19.8%
Median YoY Growth+14.1%

Frequently Asked Questions

What is Diamondback Energy's oil sales — revenue?
Diamondback Energy (FANG) reported oil sales — revenue of $3.45B in Q1 2026.
How has Diamondback Energy's oil sales — revenue changed year-over-year?
Diamondback Energy's oil sales — revenue increased by 13.4% year-over-year, from $3.04B to $3.45B.
What is the long-term trend for Diamondback Energy's oil sales — revenue?
Over 4 years (2021 to 2025), Diamondback Energy's oil sales — revenue has grown at a 21.1% compound annual growth rate (CAGR), from $5.40B to $11.62B.
What does oil sales — revenue mean?
The total revenue earned from selling crude oil produced by the company's operations.