Discontinued — last reported Q3 '24

Business Segments · Income (Loss) from Equity Method Investments

All Other — Income (Loss) from Equity Method Investments

Diamondback Energy All Other — Income (Loss) from Equity Method Investments decreased by 60.0% to $6.00M in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 33.3%, from $9.00M to $6.00M. Over 2 years (FY 2021 to FY 2023), All Other — Income (Loss) from Equity Method Investments shows an upward trend with a 80.7% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2021
Last reportedQ3 2024

How to read this metric

An increase indicates strong performance from equity-accounted partners, while a decrease suggests underperformance or losses in those investments.

Detailed definition

This represents the company's share of earnings or losses from investments in entities where it holds significant influe...

Peer comparison

Comparable to 'Equity Income' from non-core segments in diversified energy companies.

Metric ID: fang_segment_all_other_income_loss_from_equity_method_investments

Historical Data

14 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24
Value$3.75M$3.75M$3.75M$19.25M$19.25M$19.25M$19.25M$14.00M$17.00M$9.00M$9.00M$2.00M$15.00M$6.00M
QoQ Change+0.0%+0.0%+413.3%+0.0%+0.0%+0.0%-27.3%+21.4%-47.1%+0.0%-77.8%+650.0%-60.0%
YoY Change+413.3%+413.3%+413.3%-27.3%-11.7%-53.2%-53.2%-85.7%-11.8%-33.3%
Range$2.00M$19.25M
CAGR+15.6%
Avg YoY Growth+96.4%
Median YoY Growth-19.5%

Frequently Asked Questions

What is Diamondback Energy's all other — income (loss) from equity method investments?
Diamondback Energy (FANG) reported all other — income (loss) from equity method investments of $6.00M in Q3 2024.
How has Diamondback Energy's all other — income (loss) from equity method investments changed year-over-year?
Diamondback Energy's all other — income (loss) from equity method investments decreased by 33.3% year-over-year, from $9.00M to $6.00M.
What is the long-term trend for Diamondback Energy's all other — income (loss) from equity method investments?
Over 2 years (2021 to 2023), Diamondback Energy's all other — income (loss) from equity method investments has grown at a 80.7% compound annual growth rate (CAGR), from $15.00M to $49.00M.
What does all other — income (loss) from equity method investments mean?
The company's share of profits or losses from non-core joint ventures or equity investments.