Diamondback Energy (FANG) Revenue & Revenue Breakdown

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Diamondback Energy Revenue Highlights

Latest Revenue (Y)

$15.03B

Latest Revenue (Q)

$5.43B

Main Segment (Y)

Oil Exploration and Production

Main Geography (Y)

Other

Diamondback Energy Revenue by Period

Diamondback Energy Revenue by Year

Date	Revenue	Change
2025-12-31	$15.03B	36.31%
2024-12-31	$11.02B	32.19%
2023-12-31	$8.34B	-12.83%
2022-12-31	$9.57B	41.78%
2021-12-31	$6.75B	139.85%
2020-12-31	$2.81B	-29.04%
2019-12-31	$3.96B	82.17%
2018-12-31	$2.18B	80.58%
2017-12-31	$1.21B	128.61%
2016-12-31	$527.11M	17.99%
2015-12-31	$446.73M	-9.88%
2014-12-31	$495.72M	138.32%
2013-12-31	$208.00M	177.48%
2012-12-31	$74.96M	51.85%
2011-12-31	$49.37M	81.14%
2010-12-31	$27.25M	114.32%
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

Date	Revenue	Change
2026-09-30	$5.43B	-2.36%
2026-06-30	$5.56B	31.18%
2026-03-31	$4.24B	25.59%
2025-12-31	$3.38B	-13.97%
2025-09-30	$3.92B	7.48%
2025-06-30	$3.65B	-9.43%
2025-03-31	$4.03B	9.06%
2024-12-31	$3.70B	40.21%
2024-09-30	$2.64B	6.59%
2024-06-30	$2.47B	11.50%
2024-03-31	$2.22B	0.05%
2023-12-31	$2.22B	-5.26%
2023-09-30	$2.34B	21.94%
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	$2.77B	14.95%
2022-03-31	$2.41B	19.09%
2021-12-31	$2.02B	5.86%
2021-09-30	$1.91B	13.62%
2021-06-30	$1.68B	41.98%
2021-03-31	$1.18B	53.97%
2020-12-31	$769.00M	6.81%
2020-09-30	$720.00M	69.41%
2020-06-30	$425.00M	-52.73%
2020-03-31	$899.00M	-18.57%
2019-12-31	$1.10B	13.23%
2019-09-30	$975.00M	-4.51%
2019-06-30	$1.02B	18.17%
2019-03-31	$864.00M	36.76%
2018-12-31	$631.76M	17.65%
2018-09-30	$537.00M	1.90%
2018-06-30	$527.00M	10.22%
2018-03-31	$478.15M	19.78%
2017-12-31	$399.19M	32.51%
2017-09-30	$301.25M	11.81%
2017-06-30	$269.43M	14.54%
2017-03-31	$235.23M	27.14%
2016-12-31	$185.01M	30.17%
2016-09-30	$142.13M	26.36%
2016-06-30	$112.48M	28.58%
2016-03-31	$87.48M	-23.48%
2015-12-31	$114.32M	2.12%
2015-09-30	$111.95M	-5.98%
2015-06-30	$119.06M	17.42%
2015-03-31	$101.40M	-22.94%
2014-12-31	$131.58M	-5.42%
2014-09-30	$139.13M	9.55%
2014-06-30	$127.00M	29.59%
2014-03-31	$98.00M	29.11%
2013-12-31	$75.91M	31.35%
2013-09-30	$57.79M	27.31%
2013-06-30	$45.39M	57.02%
2013-03-31	$28.91M	8.66%
2012-12-31	$26.61M	60.30%
2012-09-30	$16.60M	3.54%
2012-06-30	$16.03M	0.16%
2012-03-31	$16.00M	12.94%
2011-12-31	$14.17M	29.17%
2011-09-30	$10.97M	-4.22%
2011-06-30	$11.45M	-5.13%
2011-03-31	$12.07M	45.28%
2010-12-31	$8.31M	-

Diamondback Energy generated $5.43B in revenue during Q3 2026, up -2.36% compared to the previous quarter, and up 148.75% compared to the same period a year ago.

Diamondback Energy Revenue Breakdown

Diamondback Energy Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 25	Dec 23	Dec 22	Dec 21	Dec 20
Oil Exploration and Production	$25.07B	$7.28B	$7.66B	$5.40B	$2.41B
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
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/Service	Sep 26	Jun 26	Mar 26	Dec 25	Sep 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20
Oil Purchased	$536.00M	$739.00M	$385.00M	$308.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Oil Exploration and Production	$9.07B	$9.41B	$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	-	-	-	-	-
Natural Gas Liquids Production	$487.00M	$435.00M	$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	-	-	-	-	-
Natural Gas, Production	$151.00M	$2.00M	$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	-	-	-	-	-
Natural gas liquid sales	-	$435.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Natural gas sales	-	$-276.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Oil sales	-	$4.63B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other service revenues	-	$37.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Sales of purchased oil	-	$739.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Upstream Services Segment	-	-	-	-	$2.64B	$2.22B	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Natural Gas Liquids Income	-	-	-	-	-	-	-	-	$140.00M	$179.00M	$192.00M	$268.00M	-	-	-	-	-	-	-	-
Natural Gas Income	-	-	-	-	-	-	-	-	$48.00M	$69.00M	$144.00M	$296.00M	-	-	-	-	-	-	-	-
Oil Income	-	-	-	-	-	-	-	-	$1.71B	$1.65B	$1.67B	$1.85B	-	-	-	-	-	-	-	-
Natural Gas, Midstream	-	-	-	-	-	-	-	-	-	-	-	-	$14.00M	$17.00M	$10.00M	$12.00M	$12.00M	$11.00M	$13.00M	$12.00M

Diamondback Energy's latest quarterly revenue breakdown by segment (product or service), as of Sep 26: Oil Exploration and Production (88.54%), Oil Purchased (5.23%), Natural Gas Liquids Production (4.75%), and Natural Gas, Production (1.47%).

Diamondback Energy Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 22	Dec 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

Ticker	Company	Last Year Revenue	Last Quarter Revenue
COP	ConocoPhillips	$59.67B	$19.43B
EOG	EOG Resources	$22.58B	$8.18B
OXY	Occidental Petroleum	$21.59B	$8.06B
DVN	Devon Energy	$17.19B	$7.42B
FANG	Diamondback Energy	$15.03B	$5.43B
MTDR	Matador Resources	$3.70B	$1.19B
SM	SM Energy	$3.15B	$2.17B
MGY	Magnolia Oil & Gas	$1.31B	$513.89M
HPK	HighPeak Energy	$1.07B	$200.40M
PR	Permian Resources	-	$1.96B

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 2026 was $5.43B, a -2.36% decrease from the previous quarter (Q2 2026), and a 38.40% increase year-over-year (Q3 2025). The company's quarterly revenue for Q2 2026 was $5.56B, a 31.18% increase from the previous quarter (Q1 2026), and a 52.34% increase year-over-year (Q2 2025). FANG's quarterly revenue for Q1 2026 was $4.24B, a 25.59% increase from the previous quarter (Q4 2025), and a 5.18% increase year-over-year (Q1 2025).

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 Exploration and Production, Oil Purchased, Natural Gas Liquids Production, and Natural Gas, Production. Oil Exploration and Production generated $25.07B in revenue, accounting 88.34% of the company's total revenue, up 244.47% year-over-year. 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.

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.