Discontinued — last reported Q2 '22
Midstream services — Midstream services
Diamondback Energy Midstream services — Midstream services increased by 16.7% to $14.00M in Q2 2022 compared to the prior quarter. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase indicates higher utilization of midstream infrastructure or increased service fees charged to third parties, while a decrease may signal lower production volumes or reduced demand for midstream capacity.
Detailed definition
This metric represents the total revenue generated from midstream operations, including gathering, processing, and trans...
Peer comparison
Peers often report this as midstream or gathering and processing revenue, which varies based on whether the company owns its infrastructure or utilizes third-party providers.
fang_segment_midstream_services_midstream_servicesHistorical Data
| Q2 '21 | Q2 '22 | |
|---|---|---|
| Value | $12.00M | $14.00M |
| QoQ Change | — | +16.7% |
| YoY Change | — | +16.7% |
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Frequently Asked Questions
- What is Diamondback Energy's midstream services — midstream services?
- Diamondback Energy (FANG) reported midstream services — midstream services of $14.00M in Q2 2022.
- What does midstream services — midstream services mean?
- Total revenue earned from providing oil and gas gathering, processing, and transportation services.