Discontinued — last reported Q1 '25
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.
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.
This metric represents the company's ownership interest in land within the Midland Basin, calculated by multiplying the...
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.
fang_segment_midland_basin_area_of_land_net_in_acres| Q4 '22 | Q4 '24 | Q1 '25 | |
|---|---|---|---|
| Value | $75.00K | $21.58K | $40.00K |
| QoQ Change | — | -71.2% | +85.3% |