Diamondback Energy (FANG) Amortization of Deferred Charges (2011 - 2020)
Diamondback Energy's (FANG) quarterly Amortization of Deferred Charges came in at $2.0 million in Q1 2020, up 100.0% YoY from $1.0 million in Q2 2019, and down 60.0% on a QoQ basis from $5.0 million in Q4 2019.
Diamondback Energy (FANG) Amortization of Deferred Charges (2011 - 2020) Analysis & Trends
Diamondback Energy (FANG) has 10 years of Amortization of Deferred Charges data on file, last reported at $2.0 million in Q1 2020.
- Quarterly Amortization of Deferred Charges rose 100.0% year-over-year to $2.0 million in Q1 2020, while the trailing twelve-month figure through Mar 2020 was $10.0 million (down 16.67% YoY) and the FY2019 annual result came in at $9.0 million, down 25.0% from the prior year.
- Amortization of Deferred Charges slipped to $2.0 million in Q1 2020, from $5.0 million in the prior quarter.
- In the past five years, Amortization of Deferred Charges ranged from a high of $10.0 million in Q4 2018 to a low of $668000.0 in Q1 2016.
- A 5-year average of $1.9 million and a median of $1.0 million in 2018 frame the typical range for Amortization of Deferred Charges.
- Annual changes were most pronounced in 2018 — Amortization of Deferred Charges surged 753.24% — and 2019, when it sank 50.0%.
- Tracing FANG's Amortization of Deferred Charges over 5 years: stood at $694000.0 in 2016, then jumped by 68.88% to $1.2 million in 2017, then surged by 753.24% to $10.0 million in 2018, then slumped by 50.0% to $5.0 million in 2019, then slumped by 60.0% to $2.0 million in 2020.
- The last three Amortization of Deferred Charges figures came in at $2.0 million (Q1 2020), $5.0 million (Q4 2019), and $1.0 million (Q3 2019), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - |
| 10 | Expand Energy | 22.89 Bn | 21.63 Bn | 2.33 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2020 | 2.00 Mn |
| Mar 31, 2020 | 2.00 Mn |
| Dec 31, 2019 | 5.00 Mn |
| Dec 31, 2019 | 5.00 Mn |
| Sep 30, 2019 | 1.00 Mn |
| Sep 30, 2019 | 1.00 Mn |
| Jun 30, 2019 | 2.00 Mn |
| Jun 30, 2019 | 2.00 Mn |
| Mar 31, 2019 | 1.00 Mn |
| Mar 31, 2019 | 1.00 Mn |
| Dec 31, 2018 | 10.00 Mn |
| Dec 31, 2018 | 10.00 Mn |
| Sep 30, 2018 | 1.00 Mn |
| Sep 30, 2018 | 1.00 Mn |
| Mar 31, 2018 | 1.00 Mn |
| Mar 31, 2018 | 1.00 Mn |
| Dec 31, 2017 | 1.17 Mn |
| Dec 31, 2017 | 1.17 Mn |
| Sep 30, 2017 | 1.02 Mn |
| Sep 30, 2017 | 1.02 Mn |