Diamondback Energy (FANG) Asset Utilization Ratio (2012 - 2026)
Diamondback Energy's (FANG) quarterly Asset Utilization Ratio came in at 0.24 in Q2 2026, up 22.93% on a YoY basis from 0.2 in Q2 2025, and up 13.05% quarter-over-quarter from 0.22 in Q1 2026.
Analysis
Diamondback Energy (FANG) Asset Utilization Ratio (2012 - 2026) Analysis & Trends
Diamondback Energy (FANG) has reported Asset Utilization Ratio for 15 consecutive years, with 0.24 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Asset Utilization Ratio rose 22.93% year-over-year to 0.24; the trailing twelve-month figure through Jun 2026 stood at 0.24 (up 22.93% YoY), and the FY2025 full-year result was 0.22, down 5.49% from the prior year.
- Asset Utilization Ratio rose to 0.24 in Q2 2026 per FANG's latest filing, from 0.22 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 0.41 in Q3 2022 and bottomed at 0.17 in Q4 2024.
- Historically, Asset Utilization Ratio has averaged 0.27 across 5 years, with a median of 0.29 in 2023.
- The sharpest annual moves came in 2022 and 2024: Asset Utilization Ratio jumped 121.87% in 2022, then plunged 43.59% in 2024.
- Over 5 years, Asset Utilization Ratio stood at 0.39 in 2022, then declined by 23.47% to 0.29 in 2023, then tumbled by 43.59% to 0.17 in 2024, then increased by 22.66% to 0.2 in 2025, then rose by 19.47% to 0.24 in 2026.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.24, 0.22, and 0.2 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 165.63 Bn | 157.94 Bn | 12.81 Bn | 0.53 |
| 2 | Canadian Natural Resources | 107.13 Bn | 105.24 Bn | 8.84 Bn | - |
| 3 | Eog Resources | 77.02 Bn | 72.12 Bn | - | 0.50 |
| 4 | Diamondback Energy | 57.32 Bn | 56.86 Bn | 5.55 Bn | 0.24 |
| 5 | Devon Energy | 46.11 Bn | 45.10 Bn | 6.02 Bn | 0.39 |
| 6 | Expand Energy | 22.90 Bn | 21.64 Bn | 2.33 Bn | 0.47 |
| 7 | Permian Resources | 19.93 Bn | 19.66 Bn | - | 0.31 |
| 8 | Ovintiv | 18.00 Bn | 17.12 Bn | 2.83 Bn | 0.47 |
| 9 | Apa | 15.81 Bn | 15.36 Bn | 2.28 Bn | 0.48 |
| 10 | Antero Resources | 12.06 Bn | 11.49 Bn | 1.56 Bn | 0.40 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.24 |
| Mar 31, 2026 | 0.22 |
| Dec 31, 2025 | 0.20 |
| Sep 30, 2025 | 0.21 |
| Jun 30, 2025 | 0.20 |
| Mar 31, 2025 | 0.19 |
| Dec 31, 2024 | 0.17 |
| Sep 30, 2024 | 0.19 |
| Jun 30, 2024 | 0.28 |
| Mar 31, 2024 | 0.30 |
| Dec 31, 2023 | 0.29 |
| Sep 30, 2023 | 0.29 |
| Jun 30, 2023 | 0.29 |
| Mar 31, 2023 | 0.34 |
| Dec 31, 2022 | 0.39 |
| Sep 30, 2022 | 0.41 |
| Jun 30, 2022 | 0.39 |
| Mar 31, 2022 | 0.35 |
| Dec 31, 2021 | 0.30 |
| Sep 30, 2021 | 0.24 |