Diamondback Energy (FANG) Change in Inventory (2011 - 2020)
Diamondback Energy (FANG) recorded quarterly Change in Inventory of -$1.0 million in Q1 2020, down 150.0% on a QoQ basis from $2.0 million in Q4 2019, and down 125.0% year-over-year from $4.0 million in Q2 2019.
Diamondback Energy (FANG) Change in Inventory (2011 - 2020) Analysis & Trends
Diamondback Energy has disclosed Change in Inventory across 10 years of filings, most recently posting -$1.0 million for 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 retreated to -$1.0 million in Q1 2020, from $2.0 million in the prior quarter.
- Over five years, Change in Inventory peaked at $13.0 million in Q1 2018 and troughed at -$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.
- Biggest YoY gain for Change in Inventory was 2177.32% in 2017; the steepest drop was 5100.0% in 2017.
- Tracing FANG's Change in Inventory over 5 years: stood at $14000.0 in 2016, then tumbled by 5100.0% to -$700000.0 in 2017, then tumbled by 471.43% to -$4.0 million in 2018, then surged by 150.0% to $2.0 million in 2019, then plunged by 150.0% to -$1.0 million in 2020.
- Business Quant data shows FANG's Change in Inventory at -$1.0 million in Q1 2020, $2.0 million in Q4 2019, and $4.0 million in Q2 2019.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 631.53 Bn | 625.59 Bn | - | - |
| 2 | Canadian Natural Resources | 402.73 Bn | 402.73 Bn | 6.72 Bn | - |
| 3 | Conocophillips | 145.39 Bn | 139.02 Bn | 9.48 Bn | 39.00 Mn |
| 4 | Eog Resources | 74.61 Bn | 70.76 Bn | - | -21.00 Mn |
| 5 | Occidental Petroleum | 57.00 Bn | 53.82 Bn | 4.87 Bn | 26.00 Mn |
| 6 | Diamondback Energy | 56.03 Bn | 62.20 Bn | 4.22 Bn | - |
| 7 | Vista Energy, S.A.B. de C.V | 36.26 Bn | 35.65 Bn | 472.36 Mn | 9.71 Mn |
| 8 | Eqt | 33.02 Bn | 36.36 Bn | 2.98 Bn | - |
| 9 | Vermilion Energy | 32.76 Bn | 32.57 Bn | 370.10 Mn | - |
| 10 | Devon Energy | 27.78 Bn | 27.78 Bn | 3.61 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 |