Discontinued — last reported Q3 '24
Business Segments · Total Assets
Upstream — Total Assets
Diamondback Energy Upstream — Total Assets increased by 86.4% to $65.40B in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 138.9%, from $27.38B to $65.40B. Over 2 years (FY 2021 to FY 2023), Upstream — Total Assets shows an upward trend with a 13.2% CAGR.
Analysis
StatementSegment
CategoryMarket Position
SignalContext dependent
VolatilityStable
First reportedQ4 2017
Last reportedQ3 2024
Rolls up toTotal Assets
How to read this metric
An increase suggests capital expansion or asset acquisitions, while a decrease may indicate asset divestitures or significant depreciation.
Detailed definition
The total book value of all assets dedicated to the upstream segment, including oil and gas properties, equipment, and r...
Peer comparison
Standard balance sheet metric for segment reporting; comparable across all E&P companies based on asset scale.
Metric ID:
fang_segment_upstream_total_assetsHistorical Data
14 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $20.95B | $21.19B | $21.33B | $21.73B | $21.83B | $22.23B | $24.45B | $25.95B | $25.92B | $27.38B | $28.36B | $29.06B | $35.08B | $65.40B |
| QoQ Change | — | +1.2% | +0.6% | +1.9% | +0.5% | +1.8% | +10.0% | +6.1% | -0.1% | +5.6% | +3.6% | +2.5% | +20.7% | +86.4% |
| YoY Change | — | — | — | — | +4.2% | +4.9% | +14.6% | +19.4% | +18.7% | +23.2% | +16.0% | +12.0% | +35.3% | +138.9% |
Range$20.95B – $65.40B
CAGR+42.0%
Avg YoY Growth+28.7%
Median YoY Growth+17.4%
Current Streak5 quarters growth
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Frequently Asked Questions
- What is Diamondback Energy's upstream — total assets?
- Diamondback Energy (FANG) reported upstream — total assets of $65.40B in Q3 2024.
- How has Diamondback Energy's upstream — total assets changed year-over-year?
- Diamondback Energy's upstream — total assets increased by 138.9% year-over-year, from $27.38B to $65.40B.
- What is the long-term trend for Diamondback Energy's upstream — total assets?
- Over 2 years (2021 to 2023), Diamondback Energy's upstream — total assets has grown at a 13.2% compound annual growth rate (CAGR), from $84.03B to $107.61B.
- What does upstream — total assets mean?
- The total value of all assets used in the company's upstream business.