Diamondback Energy
Diamondback Energy, Inc. (Nasdaq: FANG) is an independent oil and natural gas company focused on acquiring, developing, exploring and producing unconventional onshore reserves, primarily in the Permian Basin of West Texas and New Mexico. Its operations center on horizontal development of the Spraberry and Wolfcamp… From the company’s description.
In fiscal 2025, Diamondback Energy reported revenue of $15.03B, up 35.8% from fiscal 2024, and net income of $1.55B. Its operating margin was 8.4%, and operations generated $8.76B in cash. Over the twelve months to Jun 30, 2026, revenue was $17.10B.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What Diamondback Energy does
In the company’s own words
Diamondback Energy, Inc. (Nasdaq: FANG) is an independent oil and natural gas company focused on acquiring, developing, exploring and producing unconventional onshore reserves, primarily in the Permian Basin of West Texas and New Mexico. Its operations center on horizontal development of the Spraberry and Wolfcamp formations in the Midland Basin and the Wolfcamp and Bone Spring formations in the Delaware Basin; customers purchase its oil, natural gas and natural gas liquids. Diamondback reports one operating segment, upstream, and also owns about 42% of publicly traded subsidiary Viper, which holds mineral and royalty interests, primarily in the Permian Basin. At December 31, 2025, Diamondback held approximately 1.1 million gross acres in the Permian Basin and reported proved reserves of approximately 3.6 billion barrels of oil equivalent, including Viper’s mineral-interest reserves. The 2025 Double Eagle acquisition added approximately 40,000 net acres, primarily in the Midland Basin. Its website is www.diamondbackenergy.com.
Company details
- Sector
- Energy
- Industry (SIC)
- Oil & Gas Extraction
- Headquarters
- MIDLAND, TX
- Fiscal year end
- December
- CIK
- 1539838
- SIC
- 1311
Financial performance, year by year
Fiscal 2013–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns Diamondback Energy — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Superinvestors in Diamondback Energy · what they did last quarter
Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.
Largest fund holders · Diamondback Energy’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Diamondback Energy’s bonds, as funds hold them
Funds report holding 13 issues of Diamondback Energy’s debt, $3.57B at market value — what funds hold, not the company’s total debt. Weighted-average coupon 5.16%, maturing 2026 to 2064.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
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