Stock Analysis on Net
Stock Analysis on Net

Diamondback Energy Inc. (NASDAQ:FANG)

This company has been moved to the archive! The financial data has not been updated since November 8, 2022.

Common-Size Balance Sheet: Assets
Quarterly Data

Diamondback Energy Inc., common-size consolidated balance sheet: assets (quarterly data)

Microsoft Excel
Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017
Cash and cash equivalents 0.11 0.18 0.64 2.86 2.02 1.54 0.55 0.59 0.49 0.25 0.64 0.52 0.42 1.41 0.57 0.99 5.18 1.27 0.88 1.45 0.41 0.24 0.59
Restricted cash 0.03 0.07 0.08 0.08 0.08 0.08 0.09 0.02 0.04 0.04 0.03 0.02 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Accounts receivable, joint interest and other, net 0.48 0.32 0.48 0.31 0.44 0.35 0.31 0.32 0.36 0.55 0.76 0.79 0.73 0.73 0.48 0.44 0.84 1.02 0.86 0.94 0.68 1.06 0.88
Accounts receivable, oil and natural gas sales, net 2.81 4.10 4.14 2.61 3.15 2.59 2.41 1.59 1.19 1.14 0.96 1.82 1.56 1.51 1.60 1.37 1.86 1.87 2.01 2.04 1.43 1.22 1.31
Inventories 0.25 0.28 0.27 0.27 0.23 0.23 0.24 0.19 0.18 0.17 0.15 0.16 0.19 0.19 0.18 0.17 0.15 0.15 0.11 0.12 0.07 0.07 0.05
Derivative instruments 0.41 0.07 0.03 0.06 0.06 0.06 0.00 0.01 0.08 0.42 2.28 0.20 0.59 0.13 0.02 1.07 0.00 0.00 0.00 0.01 0.02 0.62 0.23
Income tax receivable 0.01 0.00 0.00 0.00 0.00 0.15 0.15 0.57 0.53 0.49 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Assets held for sale 0.00 0.00 0.00 0.00 0.37 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Prepaid expenses and other current assets 0.23 0.10 0.14 0.12 0.12 0.11 0.12 0.13 0.11 0.16 0.60 0.18 0.09 0.24 0.27 0.23 0.08 0.08 0.08 0.06 0.05 0.05 0.07
Current assets 4.32% 5.12% 5.77% 6.31% 6.47% 5.11% 3.87% 3.42% 2.97% 3.22% 5.42% 3.69% 3.59% 4.19% 3.11% 4.28% 8.11% 4.39% 3.94% 4.61% 2.66% 3.26% 3.12%
Oil and natural gas properties, full cost method of accounting 146.87 145.85 144.21 143.74 143.80 143.97 144.41 155.38 145.55 133.03 114.25 109.57 105.39 103.91 104.32 103.26 110.32 115.20 117.31 118.81 121.70 122.51 123.57
Other property, equipment and land 5.75 5.67 5.58 5.46 4.80 5.27 5.32 6.53 6.19 5.75 4.78 4.49 4.40 4.22 4.10 3.92 4.50 4.79 4.59 3.50 3.24 2.47 1.99
Accumulated depletion, depreciation, amortization and impairment -60.76 -60.39 -59.32 -59.15 -58.46 -57.82 -57.21 -69.89 -58.80 -45.71 -27.44 -21.26 -16.20 -14.89 -13.90 -12.85 -25.96 -26.82 -27.66 -27.81 -28.22 -29.04 -29.75
Property and equipment, net 91.86% 91.13% 90.47% 90.05% 90.14% 91.42% 92.53% 92.03% 92.94% 93.07% 91.59% 92.79% 93.59% 93.23% 94.52% 94.33% 88.86% 93.17% 94.24% 94.50% 96.72% 95.95% 95.81%
Funds held in escrow 0.02 0.00 0.00 0.05 0.29 0.15 0.15 0.29 0.00 0.00 0.00 0.00 0.03 0.06 0.00 0.00 0.63 0.00 0.00 0.08 0.00 0.00 0.03
Equity method investments 2.83 2.81 2.76 2.68 2.25 2.32 2.39 3.03 2.84 2.53 2.15 2.04 0.96 0.81 0.67 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Derivative instruments 0.05 0.14 0.16 0.02 0.02 0.02 0.02 0.00 0.00 0.00 0.13 0.03 0.25 0.10 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.06 0.05
Deferred income taxes, net 0.31 0.14 0.16 0.17 0.11 0.13 0.15 0.41 0.40 0.38 0.00 0.60 0.67 0.65 0.67 0.45 0.97 0.80 0.00 0.00 0.00 0.00 0.00
Investment in real estate, net 0.36 0.37 0.38 0.38 0.39 0.40 0.46 0.57 0.55 0.52 0.46 0.46 0.47 0.48 0.51 0.54 1.09 1.21 1.33 0.00 0.00 0.00 0.00
Other assets 0.24 0.28 0.30 0.33 0.34 0.45 0.44 0.26 0.30 0.29 0.25 0.38 0.45 0.48 0.51 0.40 0.32 0.42 0.49 0.80 0.62 0.72 0.98
Long-term assets 95.68% 94.88% 94.23% 93.69% 93.53% 94.89% 96.13% 96.58% 97.03% 96.78% 94.58% 96.31% 96.41% 95.81% 96.89% 95.72% 91.89% 95.61% 96.06% 95.39% 97.34% 96.74% 96.88%
Total assets 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).

Balance sheet item Description The company
Current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Diamondback Energy Inc. current assets as a percentage of total assets decreased from Q1 2022 to Q2 2022 and from Q2 2022 to Q3 2022.
Property and equipment, net Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Diamondback Energy Inc. property and equipment, net as a percentage of total assets increased from Q1 2022 to Q2 2022 and from Q2 2022 to Q3 2022.
Long-term assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. Diamondback Energy Inc. long-term assets as a percentage of total assets increased from Q1 2022 to Q2 2022 and from Q2 2022 to Q3 2022.