Diamondback Energy (FANG) Current Taxes (2021 - 2026)

Diamondback Energy (FANG) recorded quarterly Current Taxes of $517.0 million in Q1 2026, up 246.98% on a QoQ basis from $149.0 million in Q4 2025, and down 6.0% year-over-year from $550.0 million in Q1 2025.

Diamondback Energy (FANG) Current Taxes (2021 - 2026) Analysis & Trends

Diamondback Energy has disclosed Current Taxes across 6 years of filings, most recently posting $517.0 million for Q1 2026.

  • Quarterly Current Taxes fell 6.0% year-over-year to $517.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $517.0 million (down 6.0% YoY) and the FY2025 annual result came in at $149.0 million, down 64.01% from the prior year.
  • Current Taxes advanced to $517.0 million in Q1 2026, from $149.0 million in the prior quarter.
  • Over five years, Current Taxes peaked at $550.0 million in Q1 2025 and troughed at $15.0 million in Q2 2023.
  • A 5-year average of $173.9 million and a median of $51.0 million in 2023 frame the typical range for Current Taxes.
  • Annual changes were most pronounced in 2024 — Current Taxes jumped 1327.59% — and 2025, when it tumbled 88.58%.
  • Tracing FANG's Current Taxes over 5 years: stood at $34.0 million in 2022, then slipped by 14.71% to $29.0 million in 2023, then soared by 1327.59% to $414.0 million in 2024, then slumped by 64.01% to $149.0 million in 2025, then jumped by 246.98% to $517.0 million in 2026.
  • Business Quant data shows FANG's Current Taxes at $517.0 million in Q1 2026, $149.0 million in Q4 2025, and $33.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Current Taxes (Qtr)
1 Woodside Energy 630.08 Bn 624.14 Bn - 539.00 Mn
2 Canadian Natural Resources 388.31 Bn 388.31 Bn 6.72 Bn 352.94 Mn
3 Conocophillips 142.98 Bn 136.61 Bn 9.48 Bn 2.13 Bn
4 Eog Resources 72.93 Bn 69.08 Bn - 766.00 Mn
5 Occidental Petroleum 55.91 Bn 52.73 Bn 4.87 Bn -
6 Diamondback Energy 54.95 Bn 61.11 Bn 4.22 Bn 517.00 Mn
7 Vista Energy, S.A.B. de C.V 35.18 Bn 34.56 Bn 472.36 Mn 96.08 Mn
8 Eqt 32.94 Bn 36.28 Bn 2.98 Bn -
9 Vermilion Energy 31.24 Bn 31.05 Bn 370.10 Mn 21.97 Mn
10 Devon Energy 27.08 Bn 27.08 Bn 3.61 Bn -

Historic Data

Download Data
DateValue
Mar 31, 2026 517.00 Mn
Dec 31, 2025 149.00 Mn
Sep 30, 2025 33.00 Mn
Jun 30, 2025 277.00 Mn
Mar 31, 2025 550.00 Mn
Dec 31, 2024 414.00 Mn
Sep 30, 2024 289.00 Mn
Jun 30, 2024 49.00 Mn
Mar 31, 2024 134.00 Mn
Dec 31, 2023 29.00 Mn
Sep 30, 2023 37.00 Mn
Jun 30, 2023 15.00 Mn
Mar 31, 2023 51.00 Mn
Dec 31, 2022 34.00 Mn
Sep 30, 2022 31.00 Mn
Dec 31, 2021 17.00 Mn