Diamondback Energy (FANG) Current Taxes (2021 - 2026)
Diamondback Energy's (FANG) quarterly Current Taxes came in at $517.0 million in Q1 2026, down 6.0% YoY from $550.0 million in Q1 2025, and up 246.98% on a QoQ basis from $149.0 million in Q4 2025.
Diamondback Energy (FANG) Current Taxes (2021 - 2026) Analysis & Trends
Diamondback Energy (FANG) has 6 years of Current Taxes data on file, last reported at $517.0 million in 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 improved to $517.0 million in Q1 2026, from $149.0 million in the prior quarter.
- In the past five years, Current Taxes ranged from a high of $550.0 million in Q1 2025 to a low of $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 retreated by 14.71% to $29.0 million in 2023, then jumped by 1327.59% to $414.0 million in 2024, then plunged by 64.01% to $149.0 million in 2025, then surged by 246.98% to $517.0 million in 2026.
- The last three Current Taxes figures came in at $517.0 million (Q1 2026), $149.0 million (Q4 2025), and $33.0 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.41 Bn | 156.72 Bn | 12.81 Bn | 2.54 Bn |
| 2 | Canadian Natural Resources | 106.62 Bn | 104.73 Bn | 10.66 Bn | 712.80 Mn |
| 3 | Eog Resources | 80.43 Bn | 75.52 Bn | - | 697.00 Mn |
| 4 | Diamondback Energy | 59.27 Bn | 58.81 Bn | 5.55 Bn | 230.00 Mn |
| 5 | Devon Energy | 46.21 Bn | 45.20 Bn | 6.02 Bn | 414.00 Mn |
| 6 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn | - |
| 7 | Occidental Petroleum | 39.34 Bn | 35.19 Bn | 7.73 Bn | - |
| 8 | Eqt | 33.65 Bn | 33.54 Bn | 1.42 Bn | - |
| 9 | Texas Pacific Land | 26.58 Bn | 26.33 Bn | - | 28.93 Mn |
| 10 | Expand Energy | 22.87 Bn | 21.60 Bn | 2.33 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 230.00 Mn |
| 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 |