Diamondback Energy (FANG) Capital Expenditures (2011 - 2026)
Diamondback Energy's (FANG) quarterly Capital Expenditures came in at $933.0 million in Q1 2026, up 24.4% YoY from $750.0 million in Q1 2025, and up 149.42% on a QoQ basis from -$1.9 billion in Q4 2025.
Diamondback Energy (FANG) Capital Expenditures (2011 - 2026) Analysis & Trends
Diamondback Energy (FANG) has 16 years of Capital Expenditures data on file, last reported at $933.0 million in Q1 2026.
- Quarterly Capital Expenditures rose 24.4% year-over-year to $933.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $3.7 billion (up 23.2% YoY) and the FY2025 annual result came in at $3.5 billion, up 22.88% from the prior year.
- Capital Expenditures climbed to $933.0 million in Q1 2026, from -$1.9 billion in the prior quarter.
- In the past five years, Capital Expenditures ranged from a high of $3.1 billion in Q2 2025 to a low of -$1.9 billion in Q4 2025.
- A 5-year average of $703.6 million and a median of $649.0 million in 2023 frame the typical range for Capital Expenditures.
- Annual changes were most pronounced in 2024 — Capital Expenditures surged 2023.33% — and 2025, when it sank 302.36%.
- Tracing FANG's Capital Expenditures over 5 years: stood at $611.0 million in 2022, then increased by 6.22% to $649.0 million in 2023, then jumped by 43.76% to $933.0 million in 2024, then sank by 302.36% to -$1.9 billion in 2025, then surged by 149.42% to $933.0 million in 2026.
- The last three Capital Expenditures figures came in at $933.0 million (Q1 2026), -$1.9 billion (Q4 2025), and $1.5 billion (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.55 Bn | 155.86 Bn | 12.81 Bn | 3.02 Bn |
| 2 | Canadian Natural Resources | 106.27 Bn | 104.37 Bn | 10.66 Bn | -1.72 Bn |
| 3 | Eog Resources | 80.09 Bn | 75.19 Bn | - | 1.64 Bn |
| 4 | Diamondback Energy | 59.30 Bn | 58.83 Bn | 5.55 Bn | 996.00 Mn |
| 5 | Devon Energy | 46.23 Bn | 45.22 Bn | 6.02 Bn | 1.32 Bn |
| 6 | Woodside Energy | 45.77 Bn | 39.83 Bn | 6.02 Bn | - |
| 7 | Occidental Petroleum | 39.39 Bn | 35.24 Bn | 7.73 Bn | 1.59 Bn |
| 8 | Eqt | 33.71 Bn | 33.60 Bn | 1.42 Bn | 650.17 Mn |
| 9 | Texas Pacific Land | 25.43 Bn | 25.18 Bn | - | 102.81 Mn |
| 10 | Expand Energy | 22.90 Bn | 21.63 Bn | 2.33 Bn | 753.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 996.00 Mn |
| Jun 30, 2026 | 996.00 Mn |
| Mar 31, 2026 | 933.00 Mn |
| Mar 31, 2026 | 933.00 Mn |
| Dec 31, 2025 | -1.89 Bn |
| Dec 31, 2025 | -1.89 Bn |
| Sep 30, 2025 | 1.54 Bn |
| Sep 30, 2025 | 1.54 Bn |
| Jun 30, 2025 | 3.13 Bn |
| Jun 30, 2025 | 3.13 Bn |
| Mar 31, 2025 | 750.00 Mn |
| Mar 31, 2025 | 750.00 Mn |
| Dec 31, 2024 | 933.00 Mn |
| Dec 31, 2024 | 933.00 Mn |
| Sep 30, 2024 | 688.00 Mn |
| Sep 30, 2024 | 688.00 Mn |
| Jun 30, 2024 | 637.00 Mn |
| Jun 30, 2024 | 637.00 Mn |
| Mar 31, 2024 | 609.00 Mn |
| Mar 31, 2024 | 609.00 Mn |