Diamondback Energy (FANG) Change in Inventory (2011 - 2020)
Diamondback Energy's (FANG) quarterly Change in Inventory came in at -$1.0 million in Q1 2020, down 125.0% YoY from $4.0 million in Q2 2019, and down 150.0% on a QoQ basis from $2.0 million in Q4 2019.
Diamondback Energy (FANG) Change in Inventory (2011 - 2020) Analysis & Trends
Diamondback Energy (FANG) has 10 years of Change in Inventory data on file, last reported at -$1.0 million in Q1 2020.
- Quarterly Change in Inventory fell 125.0% year-over-year to -$1.0 million in Q1 2020, while the trailing twelve-month figure through Mar 2020 was $5.0 million (changed 0.0% YoY) and the FY2019 annual result came in at $10.0 million, down 28.57% from the prior year.
- Change in Inventory eased to -$1.0 million in Q1 2020, from $2.0 million in the prior quarter.
- In the past five years, Change in Inventory ranged from a high of $13.0 million in Q1 2018 to a low of -$4.0 million in Q3 2018.
- A 5-year average of $1.7 million and a median of $475000.0 in 2016 frame the typical range for Change in Inventory.
- The widest YoY moves for Change in Inventory: up 2177.32% in 2017, down 5100.0% in 2017.
- Tracing FANG's Change in Inventory over 5 years: stood at $14000.0 in 2016, then sank by 5100.0% to -$700000.0 in 2017, then sank by 471.43% to -$4.0 million in 2018, then soared by 150.0% to $2.0 million in 2019, then slumped by 150.0% to -$1.0 million in 2020.
- The last three Change in Inventory figures came in at -$1.0 million (Q1 2020), $2.0 million (Q4 2019), and $4.0 million (Q2 2019), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.72 Bn | 156.03 Bn | 12.81 Bn | -20.00 Mn |
| 2 | Canadian Natural Resources | 106.38 Bn | 104.49 Bn | 10.66 Bn | - |
| 3 | Eog Resources | 80.14 Bn | 75.23 Bn | - | -26.00 Mn |
| 4 | Diamondback Energy | 59.38 Bn | 58.92 Bn | 5.55 Bn | - |
| 5 | Woodside Energy | 46.15 Bn | 40.21 Bn | 6.02 Bn | - |
| 6 | Devon Energy | 46.08 Bn | 45.07 Bn | 6.02 Bn | - |
| 7 | Occidental Petroleum | 39.50 Bn | 35.35 Bn | 7.73 Bn | 308.00 Mn |
| 8 | Eqt | 33.88 Bn | 33.76 Bn | 1.42 Bn | - |
| 9 | Texas Pacific Land | 26.35 Bn | 26.10 Bn | - | - |
| 10 | Expand Energy | 23.08 Bn | 21.81 Bn | 2.33 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2020 | -1.00 Mn |
| Mar 31, 2020 | -1.00 Mn |
| Dec 31, 2019 | 2.00 Mn |
| Dec 31, 2019 | 2.00 Mn |
| Jun 30, 2019 | 4.00 Mn |
| Jun 30, 2019 | 4.00 Mn |
| Mar 31, 2019 | 4.00 Mn |
| Mar 31, 2019 | 4.00 Mn |
| Sep 30, 2018 | -4.00 Mn |
| Sep 30, 2018 | -4.00 Mn |
| Jun 30, 2018 | 5.00 Mn |
| Jun 30, 2018 | 5.00 Mn |
| Mar 31, 2018 | 13.00 Mn |
| Mar 31, 2018 | 13.00 Mn |
| Dec 31, 2017 | -700,000.00 |
| Dec 31, 2017 | -700,000.00 |
| Sep 30, 2017 | -359,000.00 |
| Sep 30, 2017 | -359,000.00 |
| Jun 30, 2017 | 2.02 Mn |
| Jun 30, 2017 | 2.02 Mn |