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Diamondback Energy FANG Payments To Acquire Oil And Gas Property

Payments To Acquire Oil And Gas Property at other companies

Ring Energy logo
Ring EnergyREI
$2.78M+330%
Kimbell Royalty Partners logo
Kimbell Royalty PartnersKRP
$0
Permian Resources logo
Permian ResourcesPR
$204.87M+479%
HighPeak Energy, Inc. logo
HighPeak Energy, Inc.HPK
$127K-95.0%
Crescent Energy logo
Crescent EnergyCRGY
$351.82M-59.3%
EPM
Evolution PetroleumEPM
$4.66M+23,205%

Other financials

Income statement

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Revenue$4.2B+4.7%
Operating income$116.0M-93.1%
Net income$25.0M-98.2%
EPS (diluted)$0.08-98.3%

Balance sheet

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Cash & equivalents$176.0M-91.4%
Total debt$14.6B-1.2%
Total equity$36.5B-5.2%
Total assets$70.1B0.0%

Cash flow

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Operating cash flow$1.8B-22.4%

Valuation

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Market cap$49.45B+17.6%
Enterprise value$63.92B+12.1%
P/E15.7×-9.2×
P/S3.3×+0.3×

Profitability

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Operating margin35.5%-8.2pp
Net margin27.3%-6.3pp

Returns & leverage

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Return on equity11%-1.0pp
Debt / equity0.4×0.0×
Current ratio0.6×-0.3×

Where this comes from

Reported directly by Diamondback Energy in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquireOilAndGasProperty.

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 payments to acquire oil and gas property?
Diamondback Energy (FANG) reported payments to acquire oil and gas property of $314M in Q1 2026.
How has Diamondback Energy's payments to acquire oil and gas property changed year-over-year?
Diamondback Energy's payments to acquire oil and gas property decreased by 58.1% year-over-year, from $750M to $314M.
What is the long-term trend for Diamondback Energy's payments to acquire oil and gas property?
Over 4 years (2021 to 2025), Diamondback Energy's payments to acquire oil and gas property has grown at a 65.7% compound annual growth rate (CAGR), from $787M to $5.94B.
What does payments to acquire oil and gas property mean?
Cash outflows used for the acquisition of proven or unproven oil and gas properties, including leasehold interests and mineral rights. This represents inorganic growth strategies to expand the company's reserve base.