Diamondback Energy (FANG) Current Deferred Tax Assets (2012 - 2014)
Diamondback Energy's (FANG) quarterly Current Deferred Tax Assets came in at $4.3 million in Q2 2014, up 214.23% on a QoQ basis from $1.4 million in Q1 2014.
Diamondback Energy (FANG) Current Deferred Tax Assets (2012 - 2014) Analysis & Trends
Diamondback Energy (FANG) has 3 years of Current Deferred Tax Assets data on file, last reported at $4.3 million in Q2 2014.
- Quarterly Current Deferred Tax Assets changed N/A year-over-year to $4.3 million in Q2 2014, while the trailing twelve-month figure through Jun 2014 was $4.3 million (changed N/A YoY) and the FY2013 annual result came in at $112000.0, down 93.97% from the prior year.
- Current Deferred Tax Assets grew to $4.3 million in Q2 2014, from $1.4 million in the prior quarter.
- In the past five years, Current Deferred Tax Assets ranged from a high of $4.3 million in Q2 2014 to a low of $112000.0 in Q4 2013.
- A 3-year average of $1.6 million and a median of $1.3 million in 2013 frame the typical range for Current Deferred Tax Assets.
- Annual changes were most pronounced in 2013 — Current Deferred Tax Assets sank 93.97% — and 2014, when it increased 14.27%.
- Tracing FANG's Current Deferred Tax Assets over 3 years: stood at $1.9 million in 2012, then slumped by 93.97% to $112000.0 in 2013, then soared by 3763.39% to $4.3 million in 2014.
- The last three Current Deferred Tax Assets figures came in at $4.3 million (Q2 2014), $1.4 million (Q1 2014), and $112000.0 (Q4 2013), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - |
| 10 | Expand Energy | 22.89 Bn | 21.63 Bn | 2.33 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2014 | 4.33 Mn |
| Jun 30, 2014 | 4.33 Mn |
| Mar 31, 2014 | 1.38 Mn |
| Mar 31, 2014 | 1.38 Mn |
| Dec 31, 2013 | 112,000.00 |
| Dec 31, 2013 | 112,000.00 |
| Sep 30, 2013 | 423,000.00 |
| Sep 30, 2013 | 423,000.00 |
| Mar 31, 2013 | 1.21 Mn |
| Mar 31, 2013 | 1.21 Mn |
| Dec 31, 2012 | 1.86 Mn |
| Dec 31, 2012 | 1.86 Mn |