Other

Impairment Of Oil And Gas Properties

This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementCash Flow Statement
SectionOther
CategoryRisk
SignalLower is better
VolatilityVolatile
First reportedQ1 2013
Last reportedQ1 2026May 6, 2026

How to read this metric

An increase signals potential overvaluation of assets or a negative outlook on future production value, which is generally unfavorable.

Detailed definition

Impairment charges represent the write-down of the carrying value of oil and gas assets when their book value exceeds th...

Peer comparison

Common in the energy sector during periods of low oil and gas prices; peers often report these during market downturns.

Metric ID: other_impairment_of_oil_and_gas_properties

Historical Data

17 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q1 '26
Value$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.40B
Range$0.00$1.40B

Frequently Asked Questions

What is Diamondback Energy's impairment of oil and gas properties?
Diamondback Energy (FANG) reported impairment of oil and gas properties of $1.40B in Q1 2026.
What does impairment of oil and gas properties mean?
A reduction in the recorded value of assets because they are no longer worth what they were previously valued at.