Discontinued — last reported Q3 '20

Business Segments · Operating Income (Loss)

Upstream — Operating Income (Loss)

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityVolatile
First reportedQ3 2018
Last reportedQ3 2020
Rolls up toOperating Income

How to read this metric

An increase signals improved operational efficiency, higher realized commodity prices, or increased production volumes, whereas a decrease indicates margin compression due to rising costs or falling commodity prices.

Detailed definition

This metric measures the profitability of the upstream exploration and production segment by subtracting operating expen...

Peer comparison

This is a standard performance metric across the energy sector, allowing investors to compare the operational profitability of different E&P companies regardless of their capital structure or tax jurisdictions.

Metric ID: fang_segment_upstream_operating_income_loss

Frequently Asked Questions

What does upstream — operating income (loss) mean?
The profit generated from core oil and gas extraction activities before interest, taxes, and corporate-level expenses.