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% on a YoY basis from $4.0 million in Q2 2019, and down 150.0% quarter-over-quarter from $2.0 million in Q4 2019.
Analysis
Diamondback Energy (FANG) Change in Inventory (2011 - 2020) Analysis & Trends
Diamondback Energy (FANG) has reported Change in Inventory for 10 consecutive years, with -$1.0 million the latest figure, recorded in Q1 2020.
- For the quarter ending Q1 2020, Change in Inventory fell 125.0% year-over-year to -$1.0 million; the trailing twelve-month figure through Mar 2020 stood at $5.0 million (changed 0.0% YoY), and the FY2019 full-year result was $10.0 million, down 28.57% from the prior year.
- Change in Inventory retreated to -$1.0 million in Q1 2020 per FANG's latest filing, from $2.0 million in the prior quarter.
- Across five years, Change in Inventory topped out at $13.0 million in Q1 2018 and bottomed at -$4.0 million in Q3 2018.
- Historically, Change in Inventory has averaged $1.7 million across 5 years, with a median of $475000.0 in 2016.
- The widest YoY moves for Change in Inventory: up 2177.32% in 2017, down 5100.0% in 2017.
- Over 5 years, Change in Inventory 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.
- According to Business Quant data, Change in Inventory over the past three periods registered -$1.0 million, $2.0 million, and $4.0 million for Q1 2020, Q4 2019, and Q2 2019 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 166.37 Bn | 158.68 Bn | 12.81 Bn | -20.00 Mn |
| 2 | Canadian Natural Resources | 106.24 Bn | 104.35 Bn | 8.84 Bn | - |
| 3 | Eog Resources | 77.64 Bn | 72.73 Bn | - | -26.00 Mn |
| 4 | Diamondback Energy | 57.73 Bn | 57.26 Bn | 5.55 Bn | - |
| 5 | Devon Energy | 46.75 Bn | 45.74 Bn | 6.02 Bn | - |
| 6 | Expand Energy | 23.07 Bn | 21.81 Bn | 2.33 Bn | - |
| 7 | Permian Resources | 19.87 Bn | 19.61 Bn | - | - |
| 8 | Ovintiv | 17.94 Bn | 17.05 Bn | 2.83 Bn | - |
| 9 | Apa | 15.73 Bn | 15.28 Bn | 2.28 Bn | 27.00 Mn |
| 10 | Antero Resources | 12.12 Bn | 11.55 Bn | 1.56 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2020 | -1.00 Mn |
| Dec 31, 2019 | 2.00 Mn |
| Jun 30, 2019 | 4.00 Mn |
| Mar 31, 2019 | 4.00 Mn |
| Sep 30, 2018 | -4.00 Mn |
| Jun 30, 2018 | 5.00 Mn |
| Mar 31, 2018 | 13.00 Mn |
| Dec 31, 2017 | -700,000.00 |
| Sep 30, 2017 | -359,000.00 |
| Jun 30, 2017 | 2.02 Mn |
| Mar 31, 2017 | 1.04 Mn |
| Dec 31, 2016 | 14,000.00 |
| Sep 30, 2016 | 475,000.00 |
| Jun 30, 2016 | -97,000.00 |
| Mar 31, 2016 | -137,000.00 |
| Dec 31, 2015 | 1,000.00 |
| Sep 30, 2015 | -56,000.00 |
| Jun 30, 2015 | -189,000.00 |
| Mar 31, 2015 | 20,000.00 |
| Sep 30, 2014 | 62,000.00 |