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
DateValue
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