Diamondback Energy FANG Sales of purchased oil — Revenue
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Where this comes from
Reported directly by Diamondback Energy in its filing.
Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
The official record: Diamondback Energy’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Diamondback Energy's sales of purchased oil — revenue?
- Diamondback Energy (FANG) reported sales of purchased oil — revenue of $385M in Q1 2026.
- How has Diamondback Energy's sales of purchased oil — revenue changed year-over-year?
- Diamondback Energy's sales of purchased oil — revenue increased by 2.9% year-over-year, from $374M to $385M.
- What does sales of purchased oil — revenue mean?
- This metric represents the gross revenue generated from the resale of crude oil purchased from third-party producers. It reflects the company's midstream or marketing activities where it acts as an intermediary to aggregate and transport volumes, rather than revenue derived from its own exploration and production assets. This activity is typically undertaken to optimize pipeline capacity utilization or to fulfill specific marketing commitments.