Diamondback Energy, Inc. (FANG)

USD 156.08

(-2.54%)

Annual Income Statements

(In USD)
Breakdown 2023 2022 2021 2020 2019 2018
Revenue 8.41 Billion 9.64 Billion 6.79 Billion 2.81 Billion 3.96 Billion 2.16 Billion
Cost of Revenue 3.54 Billion 2.86 Billion 2.56 Billion 2.16 Billion 2.36 Billion 1.05 Billion
Gross Profit 4.87 Billion 6.77 Billion 4.23 Billion 644 Million 1.6 Billion 1.1 Billion
Operating Expenses 301 Million 256 Million 152 Million 99 Million 115 Million 60.66 Million
Selling, General and Administrative Expenses 150 Million 144 Million 146 Million 88 Million 104 Million 64.55 Million
Research and Development Expenses - - - - - -
Other Expenses 151 Million 112 Million 6 Million 11 Million 11 Million 88.99 Million
Cost and Expenses 3.84 Billion 3.12 Billion 2.71 Billion 2.26 Billion 2.47 Billion 1.11 Billion
Operating Income 4.57 Billion 6.5 Billion 4 Billion 547 Million 2.43 Billion 1.01 Billion
Interest Expense 177 Million 159 Million 199 Million 197 Million 172 Million 87.27 Million
Income Tax Expense 912 Million 1.17 Billion 631 Million -1.1 Billion 47 Million 168.36 Million
Earnings before Tax 4.24 Billion 5.73 Billion 2.9 Billion -5.77 Billion 362 Million 1.11 Billion
Net Income 3.14 Billion 4.38 Billion 2.18 Billion -4.67 Billion 240 Million 845.67 Million
Earnings Per Share Basic 17.34 24.61 12.35 -29.57 1.47 8.08
Earnings Per Share Diluted 17.34 24.61 12.30 -29.57 1.46 8.06
Weighted Average Shares Outstanding 179.99 Million 176.53 Million 176.64 Million 157.97 Million 163.49 Million 104.62 Million
Weighted Average Shares Outstanding (Diluted) 179.99 Million 176.53 Million 177.35 Million 157.97 Million 163.84 Million 104.92 Million
Gross Margin 0.58 0.70 0.62 0.23 0.40 0.51
EBIT Margin 0.72 0.82 0.79 0.66 0.98 0.45
Profit Margin 0.37 0.45 0.32 -1.66 0.06 0.39
EBITDA 6.08 Billion 7.33 Billion 4.37 Billion -4.26 Billion 2.78 Billion 1.82 Billion
Earnings Before Tax Margin 0.54 0.67 0.59 0.19 0.61 0.47

Income Statement Charts