Diamondback Energy (FANG) Capital Expenditures (2011 - 2026)
Diamondback Energy (FANG) recorded quarterly Capital Expenditures of $933.0 million in Q1 2026, up 77.04% on a QoQ basis from $527.0 million in Q4 2025, and up 24.4% year-over-year from $750.0 million in Q1 2025.
Diamondback Energy (FANG) Capital Expenditures (2011 - 2026) Analysis & Trends
Diamondback Energy has disclosed Capital Expenditures across 16 years of filings, most recently posting $933.0 million for 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 $6.1 billion (down 32.45% YoY) and the FY2025 annual result came in at $5.9 billion, down 33.43% from the prior year.
- Capital Expenditures grew to $933.0 million in Q1 2026, from $527.0 million in the prior quarter.
- Over five years, Capital Expenditures peaked at $7.0 billion in Q4 2024 and troughed at -$557.0 million in Q2 2023.
- A 5-year average of $1.2 billion and a median of $649.0 million in 2023 frame the typical range for Capital Expenditures.
- Annual changes were most pronounced in 2023 — Capital Expenditures plunged 755.29% — and 2024, when it surged 976.43%.
- Tracing FANG's Capital Expenditures over 5 years: stood at $611.0 million in 2022, then gained by 6.22% to $649.0 million in 2023, then jumped by 976.43% to $7.0 billion in 2024, then sank by 92.46% to $527.0 million in 2025, then soared by 77.04% to $933.0 million in 2026.
- Business Quant data shows FANG's Capital Expenditures at $933.0 million in Q1 2026, $527.0 million in Q4 2025, and $1.5 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 631.53 Bn | 625.59 Bn | - | 1.81 Bn |
| 2 | Canadian Natural Resources | 402.73 Bn | 402.73 Bn | 6.72 Bn | -1.53 Bn |
| 3 | Conocophillips | 145.39 Bn | 139.02 Bn | 9.48 Bn | 2.95 Bn |
| 4 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 153.00 Mn |
| 5 | Occidental Petroleum | 57.00 Bn | 53.82 Bn | 4.87 Bn | 25.00 Mn |
| 6 | Diamondback Energy | 56.03 Bn | 62.20 Bn | 4.22 Bn | 933.00 Mn |
| 7 | Vista Energy, S.A.B. de C.V | 36.26 Bn | 35.65 Bn | 472.36 Mn | - |
| 8 | Eqt | 33.02 Bn | 36.36 Bn | 2.98 Bn | 598.51 Mn |
| 9 | Vermilion Energy | 32.76 Bn | 32.57 Bn | 370.10 Mn | 98.14 Bn |
| 10 | Devon Energy | 27.78 Bn | 27.78 Bn | 3.61 Bn | 839.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 933.00 Mn |
| Mar 31, 2026 | 933.00 Mn |
| Dec 31, 2025 | 527.00 Mn |
| Dec 31, 2025 | 527.00 Mn |
| 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 | 6.99 Bn |
| Dec 31, 2024 | 6.99 Bn |
| Sep 30, 2024 | 1.73 Bn |
| Sep 30, 2024 | 1.73 Bn |
| Jun 30, 2024 | -406.00 Mn |
| Jun 30, 2024 | -406.00 Mn |
| Mar 31, 2024 | 609.00 Mn |
| Mar 31, 2024 | 609.00 Mn |
| Dec 31, 2023 | 649.00 Mn |
| Dec 31, 2023 | 649.00 Mn |