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Diamondback Energy (FANG) Revenue & Revenue Breakdown

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Diamondback Energy Revenue Highlights

Latest Revenue (Y)

$15.03B

Latest Revenue (Q)

$3.92B

Main Segment (Y)

Oil Exploration and Production

Main Geography (Y)

Other

Diamondback Energy Revenue by Period

Diamondback Energy Revenue by Year

DateRevenueChange
2025-12-31$15.03B36.31%
2024-12-31$11.02B32.19%
2023-12-31$8.34B-12.83%
2022-12-31$9.57B41.78%
2021-12-31$6.75B139.85%
2020-12-31$2.81B-29.04%
2019-12-31$3.96B82.17%
2018-12-31$2.18B80.58%
2017-12-31$1.21B128.61%
2016-12-31$527.11M17.99%
2015-12-31$446.73M-9.88%
2014-12-31$495.72M138.32%
2013-12-31$208.00M177.48%
2012-12-31$74.96M51.85%
2011-12-31$49.37M81.14%
2010-12-31$27.25M114.32%
2009-12-31$12.72M-

Diamondback Energy generated $15.03B in revenue during NA 2025, up 36.31% compared to the previous quarter, and up 534.16% compared to the same period a year ago.

Diamondback Energy Revenue by Quarter

DateRevenueChange
2025-09-30$3.92B7.48%
2025-06-30$3.65B-9.43%
2025-03-31$4.03B9.06%
2024-12-31$3.70B40.21%
2024-09-30$2.64B6.59%
2024-06-30$2.47B11.50%
2024-03-31$2.22B0.05%
2023-12-31$2.22B-5.26%
2023-09-30$2.34B21.94%
2023-06-30$1.92B-0.31%
2023-03-31$1.93B-5.17%
2022-12-31$2.03B-16.70%
2022-09-30$2.44B-11.96%
2022-06-30$2.77B14.95%
2022-03-31$2.41B19.09%
2021-12-31$2.02B5.86%
2021-09-30$1.91B13.62%
2021-06-30$1.68B41.98%
2021-03-31$1.18B53.97%
2020-12-31$769.00M6.81%
2020-09-30$720.00M69.41%
2020-06-30$425.00M-52.73%
2020-03-31$899.00M-18.57%
2019-12-31$1.10B13.23%
2019-09-30$975.00M-4.51%
2019-06-30$1.02B18.17%
2019-03-31$864.00M36.76%
2018-12-31$631.76M17.65%
2018-09-30$537.00M1.90%
2018-06-30$527.00M10.22%
2018-03-31$478.15M19.78%
2017-12-31$399.19M32.51%
2017-09-30$301.25M11.81%
2017-06-30$269.43M14.54%
2017-03-31$235.23M27.14%
2016-12-31$185.01M30.17%
2016-09-30$142.13M26.36%
2016-06-30$112.48M28.58%
2016-03-31$87.48M-23.48%
2015-12-31$114.32M2.12%
2015-09-30$111.95M-5.98%
2015-06-30$119.06M17.42%
2015-03-31$101.40M-22.94%
2014-12-31$131.58M-5.42%
2014-09-30$139.13M9.55%
2014-06-30$127.00M29.59%
2014-03-31$98.00M29.11%
2013-12-31$75.91M31.35%
2013-09-30$57.79M27.31%
2013-06-30$45.39M57.02%
2013-03-31$28.91M8.66%
2012-12-31$26.61M60.30%
2012-09-30$16.60M3.54%
2012-06-30$16.03M0.16%
2012-03-31$16.00M12.94%
2011-12-31$14.17M29.17%
2011-09-30$10.97M-4.22%
2011-06-30$11.45M-5.13%
2011-03-31$12.07M45.28%
2010-12-31$8.31M-

Diamondback Energy generated $3.92B in revenue during Q3 2025, up 7.48% compared to the previous quarter, and up 158.67% compared to the same period a year ago.

Diamondback Energy Revenue Breakdown

Diamondback Energy Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 25Dec 23Dec 22Dec 21Dec 20
Oil Purchased$1.48B----
Natural Gas Liquids Production$1.43B$687.00M$1.05B$782.00M$239.00M
Natural Gas, Production$400.00M$262.00M$858.00M$569.00M$107.00M
Oil Exploration and Production$25.07B$7.28B$7.66B$5.40B$2.41B
Upstream Services Segment-$8.34B---
Natural Gas, Midstream---$45.00M$50.00M

Diamondback Energy's latest annual revenue breakdown by segment (product or service), as of Dec 25: Oil Exploration and Production (88.34%), Oil Purchased (5.20%), Natural Gas Liquids Production (5.05%), and Natural Gas, Production (1.41%).

Quarterly Revenue by Product

Product/ServiceMar 26Dec 25Sep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20
Oil Purchased$385.00M$308.00M------------------
Natural Gas, Production$21.00M$4.00M$50.00M$182.00M$80.00M$264.00M$154.00M$206.00M$152.00M$107.00M$104.00M$46.00M$36.00M$21.00M$4.00M-----
Natural Gas Liquids Production$359.00M$293.00M$184.00M$499.00M$188.00M$299.00M$289.00M$254.00M$239.00M$165.00M$124.00M$83.00M$65.00M$39.00M$52.00M-----
Oil Exploration and Production$7.27B$5.77B$1.87B$5.28B$2.00B$2.19B$1.95B$1.55B$1.51B$1.40B$944.00M$625.00M$606.00M$352.00M$827.00M-----
Upstream Services Segment--$2.64B$2.22B----------------
Natural Gas Income------$48.00M$69.00M$144.00M$296.00M----------
Oil Income------$1.71B$1.65B$1.67B$1.85B----------
Natural Gas Liquids Income------$140.00M$179.00M$192.00M$268.00M----------
Natural Gas, Midstream----------$14.00M$17.00M$10.00M$12.00M$12.00M$11.00M$13.00M$12.00M$11.00M$14.00M

Diamondback Energy's latest quarterly revenue breakdown by segment (product or service), as of Mar 26: Oil Exploration and Production (90.48%), Oil Purchased (4.79%), Natural Gas Liquids Production (4.47%), and Natural Gas, Production (0.26%).

Diamondback Energy Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 22Dec 21
Other$17.00M$265.00M

Diamondback Energy's latest annual revenue breakdown by geography, as of Dec 22: Other (100.00%).

Diamondback Energy Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
ETEnergy Transfer LP$82.63B$27.77B
SUSuncor Energy$49.09B$13.30B
OKEONEOK$33.63B$9.62B
EOGEOG Resources$22.58B$6.76B
OXYOccidental Petroleum$21.59B$5.23B
LNGCheniere Energy$15.70B$5.87B
FANGDiamondback Energy$15.03B$3.92B
WDSWoodside Energy Group$13.99B$6.71B
EQTEQT$8.64B$3.38B

FANG Revenue FAQ

What is Diamondback Energy’s yearly revenue?

Diamondback Energy's yearly revenue for 2025 was $15.03B, representing an increase of 36.31% compared to 2024. The company's yearly revenue for 2024 was $11.02B, representing an increase of 32.19% compared to 2023. FANG's yearly revenue for 2023 was $8.34B, representing a decrease of -12.83% compared to 2022.

What is Diamondback Energy’s quarterly revenue?

Diamondback Energy's quarterly revenue for Q3 2025 was $3.92B, a 7.48% increase from the previous quarter (Q2 2025), and a 48.86% increase year-over-year (Q3 2024). The company's quarterly revenue for Q2 2025 was $3.65B, a -9.43% decrease from the previous quarter (Q1 2025), and a 47.63% increase year-over-year (Q2 2024). FANG's quarterly revenue for Q1 2025 was $4.03B, a 9.06% increase from the previous quarter (Q4 2024), and a 81.74% increase year-over-year (Q1 2024).

What is Diamondback Energy’s revenue growth rate?

Diamondback Energy's revenue growth rate for the last 3 years (2023-2025) was 80.19%, and for the last 5 years (2021-2025) was 122.71%.

What are Diamondback Energy’s revenue streams?

Diamondback Energy's revenue streams in c 25 are Oil Purchased, Natural Gas Liquids Production, Natural Gas, Production, and Oil Exploration and Production. Oil Purchased generated $1.48B in revenue, accounting 5.20% of the company's total revenue Natural Gas Liquids Production generated $1.43B in revenue, accounting 5.05% of the company's total revenue, up 108.44% year-over-year. Natural Gas, Production generated $400M in revenue, accounting 1.41% of the company's total revenue, up 52.67% year-over-year. Oil Exploration and Production generated $25.07B in revenue, accounting 88.34% of the company's total revenue, up 244.47% year-over-year.

What is Diamondback Energy’s main source of revenue?

For the fiscal year ending Dec 25, the largest source of revenue of Diamondback Energy was Oil Exploration and Production. This segment made a revenue of $25.07B, representing 88.34% of the company's total revenue.