Diamondback Energy (FANG) Capital Expenditures (2011 - 2026)
Diamondback Energy's (FANG) quarterly Capital Expenditures came in at $996.0 million in Q2 2026, down 66.04% on a YoY basis from $2.9 billion in Q2 2025, and up 6.75% quarter-over-quarter from $933.0 million in Q1 2026.
Analysis
Diamondback Energy (FANG) Capital Expenditures (2011 - 2026) Analysis & Trends
Diamondback Energy (FANG) has reported Capital Expenditures for 16 consecutive years, with $996.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Capital Expenditures fell 66.04% year-over-year to $996.0 million; the trailing twelve-month figure through Jun 2026 stood at $4.0 billion (down 65.43% YoY), and the FY2025 full-year result was $5.9 billion, down 33.43% from the prior year.
- Capital Expenditures advanced to $996.0 million in Q2 2026 per FANG's latest filing, from $933.0 million in the prior quarter.
- Across five years, Capital Expenditures topped out at $6.7 billion in Q3 2024 and bottomed at $418.0 million in Q1 2022.
- Historically, Capital Expenditures has averaged $1.2 billion across 5 years, with a median of $699.0 million in 2023.
- The sharpest annual moves came in 2024 and 2025: Capital Expenditures jumped 800.93% in 2024, then tumbled 77.24% in 2025.
- Over 5 years, Capital Expenditures stood at $611.0 million in 2022, then gained by 6.22% to $649.0 million in 2023, then soared by 42.68% to $926.0 million in 2024, then plunged by 43.09% to $527.0 million in 2025, then jumped by 88.99% to $996.0 million in 2026.
- According to Business Quant data, Capital Expenditures over the past three periods registered $996.0 million, $933.0 million, and $527.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 166.37 Bn | 158.68 Bn | 12.81 Bn | 3.02 Bn |
| 2 | Canadian Natural Resources | 106.24 Bn | 104.35 Bn | 8.84 Bn | -1.72 Bn |
| 3 | Eog Resources | 77.64 Bn | 72.73 Bn | - | 1.64 Bn |
| 4 | Diamondback Energy | 57.73 Bn | 57.26 Bn | 5.55 Bn | 996.00 Mn |
| 5 | Devon Energy | 46.75 Bn | 45.74 Bn | 6.02 Bn | 1.32 Bn |
| 6 | Expand Energy | 23.07 Bn | 21.81 Bn | 2.33 Bn | 753.00 Mn |
| 7 | Permian Resources | 19.87 Bn | 19.61 Bn | - | 521.43 Mn |
| 8 | Ovintiv | 17.94 Bn | 17.05 Bn | 2.83 Bn | 574.00 Mn |
| 9 | Apa | 15.73 Bn | 15.28 Bn | 2.28 Bn | 569.00 Mn |
| 10 | Antero Resources | 12.12 Bn | 11.55 Bn | 1.56 Bn | 307.82 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 996.00 Mn |
| Mar 31, 2026 | 933.00 Mn |
| Dec 31, 2025 | 527.00 Mn |
| Sep 30, 2025 | 1.54 Bn |
| Jun 30, 2025 | 2.93 Bn |
| Mar 31, 2025 | 942.00 Mn |
| Dec 31, 2024 | 926.00 Mn |
| Sep 30, 2024 | 6.75 Bn |
| Jun 30, 2024 | 637.00 Mn |
| Mar 31, 2024 | 609.00 Mn |
| Dec 31, 2023 | 649.00 Mn |
| Sep 30, 2023 | 749.00 Mn |
| Jun 30, 2023 | 423.00 Mn |
| Mar 31, 2023 | 880.00 Mn |
| Dec 31, 2022 | 611.00 Mn |
| Sep 30, 2022 | 464.00 Mn |
| Jun 30, 2022 | 445.00 Mn |
| Mar 31, 2022 | 418.00 Mn |
| Dec 31, 2021 | 427.00 Mn |
| Sep 30, 2021 | 385.00 Mn |