Discontinued — last reported Q1 '25

Geographic · Area of land, net (in acres)

Midland Basin — Area of land, net (in acres)

Diamondback Energy Midland Basin — Area of land, net (in acres) increased by 85.3% to $40.00K in Q1 2025 compared to the prior quarter. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ4 2022
Last reportedQ1 2025
Rolls up toArea Of Land

How to read this metric

An increase indicates the acquisition of higher-quality or more concentrated leasehold interests, while a decrease may signal asset sales or the loss of ownership rights.

Detailed definition

This metric represents the company's ownership interest in land within the Midland Basin, calculated by multiplying the...

Peer comparison

Most independent oil and gas producers report net acreage to allow investors to compare the true economic scale of their land holdings across different basins.

Metric ID: fang_segment_midland_basin_area_of_land_net_in_acres

Historical Data

3 periods
 Q4 '22Q4 '24Q1 '25
Value$75.00K$21.58K$40.00K
QoQ Change-71.2%+85.3%
Range$21.58K$75.00K

Frequently Asked Questions

What is Diamondback Energy's midland basin — area of land, net (in acres)?
Diamondback Energy (FANG) reported midland basin — area of land, net (in acres) of $40.00K in Q1 2025.
What does midland basin — area of land, net (in acres) mean?
The total land acreage in the Midland Basin adjusted for the company's specific percentage of ownership.