What is Diamondback Energy's PP&E (net)?

Diamondback Energy (FANG) reported PP&E (net) of $66.61B in Q1 2026.

How has Diamondback Energy's PP&E (net) changed year-over-year?

Diamondback Energy's PP&E (net) increased by 2.6% year-over-year, from $64.9B to $66.61B.

What is the long-term trend for Diamondback Energy's PP&E (net)?

Over 5 years (2020 to 2025), Diamondback Energy's PP&E (net) has grown at a 33.4% compound annual growth rate (CAGR), from $16.21B to $68.62B.

What does PP&E (net) mean?

Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.

Diamondback Energy FANG PP&E (Net)

PP&E (Net) at other companies

SM EnergySM

$17.1B+110%

Devon EnergyDVN

$25.6B+2.1%

Northern Oil and GasNOG

$5.02B-2.3%

Ring EnergyREI

$1.18B-18.3%

Kimbell Royalty PartnersKRP

$606K+27.4%

Occidental PetroleumOXY

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Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$1.8B-22.4%

Valuation

See full

Market cap$49.45B+17.6%

Enterprise value$63.92B+12.1%

P/E15.7×-9.2×

P/S3.3×+0.3×

Profitability

See full

Operating margin35.5%-8.2pp

Net margin27.3%-6.3pp

Returns & leverage

See full

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:PropertyPlantAndEquipmentNet.

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 PP&E (net)?: Diamondback Energy (FANG) reported PP&E (net) of $66.61B in Q1 2026.
How has Diamondback Energy's PP&E (net) changed year-over-year?: Diamondback Energy's PP&E (net) increased by 2.6% year-over-year, from $64.9B to $66.61B.
What is the long-term trend for Diamondback Energy's PP&E (net)?: Over 5 years (2020 to 2025), Diamondback Energy's PP&E (net) has grown at a 33.4% compound annual growth rate (CAGR), from $16.21B to $68.62B.
What does PP&E (net) mean?: Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.