Discontinued — last reported Q1 '22

Products & Services · Revenue

Midstream services — Revenue

Diamondback Energy Midstream services — Revenue increased by 70.0% to $17.00M in Q1 2022 compared to the prior quarter. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ1 2017
Last reportedQ1 2022
Rolls up toTotal Revenue

How to read this metric

An increase suggests higher utilization of midstream infrastructure or increased third-party service demand, while a decrease may indicate lower production volumes or reduced service fees.

Detailed definition

This metric represents the total gross revenue generated from midstream operations, including gathering, processing, com...

Peer comparison

Peers with integrated midstream operations report similar revenue streams, though the scale varies based on the extent of owned gathering and processing infrastructure versus third-party reliance.

Metric ID: fang_segment_midstream_services_revenue

Historical Data

4 periods
 Q2 '21Q3 '21Q4 '21Q1 '22
Value$12.00M$12.00M$10.00M$17.00M
QoQ Change+0.0%-16.7%+70.0%
Range$10.00M$17.00M

Frequently Asked Questions

What is Diamondback Energy's midstream services — revenue?
Diamondback Energy (FANG) reported midstream services — revenue of $17.00M in Q1 2022.
What does midstream services — revenue mean?
Total revenue earned from providing gathering, processing, and transportation services for oil and gas products.