Non-Current Assets

Unproved properties ($4,562 million and $4,910 million related to Viper)

Diamondback Energy Unproved properties ($4,562 million and $4,910 million related to Viper) decreased by 1.9% to $23.50B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 6.7%, from $22.02B to $23.50B. Over 5 years (FY 2020 to FY 2025), Unproved properties ($4,562 million and $4,910 million related to Viper) shows an upward trend with a 26.2% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ4 2018
Last reportedQ1 2026

How to read this metric

An increase indicates aggressive exploration or acquisition of new acreage, while a decrease may signal successful conversion to proved status or impairment.

Detailed definition

This represents the costs associated with acquiring and exploring properties that have not yet been confirmed to contain...

Peer comparison

Common in exploration and production companies; indicates the pipeline for future reserve replacement.

Metric ID: non_current_assets_capitalized_costs_of_unproved_propert_a5f236

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$8.29B$8.21B$8.50B$8.51B$8.10B$8.39B$8.36B$8.71B$8.56B$8.24B$8.66B$8.46B$8.13B$21.97B$22.67B$22.02B$24.21B$24.50B$23.94B$23.50B
QoQ Change-0.9%+3.4%+0.2%-4.9%+3.6%-0.4%+4.3%-1.8%-3.7%+5.1%-2.4%-3.8%+170.2%+3.2%-2.9%+9.9%+1.2%-2.3%-1.9%
YoY Change-2.3%+2.1%-1.7%+2.3%+5.7%-1.8%+3.6%-2.9%-5.0%+166.7%+161.8%+160.4%+197.7%+11.5%+5.6%+6.7%
Range$8.10B$24.50B
CAGR+24.5%
Avg YoY Growth+44.4%
Median YoY Growth+4.6%
Current Streak2 quarters decline

Frequently Asked Questions

What is Diamondback Energy's unproved properties ($4,562 million and $4,910 million related to viper)?
Diamondback Energy (FANG) reported unproved properties ($4,562 million and $4,910 million related to viper) of $23.50B in Q1 2026.
How has Diamondback Energy's unproved properties ($4,562 million and $4,910 million related to viper) changed year-over-year?
Diamondback Energy's unproved properties ($4,562 million and $4,910 million related to viper) increased by 6.7% year-over-year, from $22.02B to $23.50B.
What is the long-term trend for Diamondback Energy's unproved properties ($4,562 million and $4,910 million related to viper)?
Over 5 years (2020 to 2025), Diamondback Energy's unproved properties ($4,562 million and $4,910 million related to viper) has grown at a 26.2% compound annual growth rate (CAGR), from $7.49B to $23.94B.
What does unproved properties ($4,562 million and $4,910 million related to viper) mean?
Investment in land and exploration projects that have not yet been proven to contain oil or gas.