Diamondback Energy, Inc. revenue by segment FANG

Diamondback Energy, Inc. splits its revenue into 8 lines in its filings. The largest line in fiscal 2025, which ended Dec 31, 2025 was Oil Explorationand Production at $11.6 billion, 77% of the total.

USD in millions. The percent under a figure is the change from the year before.

Line
FY 2026
Sep 30, 2026
FY 2025
Dec 31, 2025
FY 2024
Dec 31, 2024
FY 2023
Dec 31, 2023
FY 2022
Dec 31, 2022
FY 2021
Dec 31, 2021
FY 2020
Dec 31, 2020
FY 2019
Dec 31, 2019
FY 2018
Dec 31, 2018
FY 2017
Dec 31, 2017
FY 2016
Dec 31, 2016
Revenue
18,609
15,026
11,066
8,412
9,643
6,797
2,756
3,964
2,176
—
—
Oil Explorationand Production
15,024
+26.0%
share 80.7%
11,621
+28.2%
share 77.3%
9,067
+24.6%
share 81.9%
7,279
-5.0%
share 86.5%
7,660
+42.0%
share 79.4%
5,396
+123.9%
share 79.4%
2,410
-32.2%
share 87.4%
3,554
+89.1%
share 89.7%
1,879
+80.0%
share 86.3%
1,044
—
Oil Income
—
—
—
—
—
5,396
+123.9%
share 79.4%
2,410
-32.2%
share 87.4%
3,554
+89.1%
share 89.7%
1,879
+80.0%
share 86.3%
1,044
—
Oil Purchased
1,968
+41.3%
share 10.6%
1,476
+59.9%
share 9.8%
923
+731.5%
share 8.3%
111
share 1.3%
—
—
—
—
—
—
—
Natural Gas Liquids Production
1,574
+3.8%
share 8.5%
1,432
+51.7%
share 9.5%
944
+37.4%
share 8.5%
687
-34.4%
share 8.2%
1,048
+34.0%
share 10.9%
782
+227.2%
share 11.5%
239
-10.5%
share 8.7%
267
+40.5%
share 6.7%
190
+111.1%
share 8.7%
90
—
Natural Gas Liquids Income
—
—
—
—
—
782
+227.2%
share 11.5%
239
-10.5%
share 8.7%
267
share 6.7%
—
—
—
Natural Gas Income
—
—
—
—
—
569
+431.8%
share 8.4%
107
+62.1%
share 3.9%
66
share 1.7%
—
—
—
Natural Gas Production
-100
-122.4%
share -0.5%
400
+349.4%
share 2.7%
89
-66.0%
share 0.8%
262
-69.5%
share 3.1%
858
+50.8%
share 8.9%
569
+431.8%
share 8.4%
107
+62.1%
share 3.9%
66
+8.2%
share 1.7%
61
+17.3%
share 2.8%
52
—
Natural Gas Midstream
—
—
—
—
—
45
-10.0%
share 0.7%
50
-21.9%
share 1.8%
64
+88.2%
share 1.6%
34
+385.7%
share 1.6%
7
—
How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. The first column adds the latest year-to-date segment amount to the last fiscal year and subtracts the year-ago year-to-date amount. More on our methodology.

Company profile

Industry
Crude Petroleum & Natural Gas (SIC 1311)
Listed as
FANG (Nasdaq)
Fiscal year ends
December 31
Incorporated in
DE
Headquarters
Midland, TX
SEC filer status
Large accelerated filer
SEC CIK
1539838
Former names
Diamondback Energy, Inc. (until Nov 4, 2026)

Other Crude Petroleum & Natural Gas companies

Source: SEC EDGAR filings. This is company-reported data, not investment advice.