Diamondback Energy (FANG) Current Taxes (2021 - 2026)
Diamondback Energy's (FANG) quarterly Current Taxes came in at $230.0 million in Q2 2026, down 16.97% on a YoY basis from $277.0 million in Q2 2025, and down 55.51% quarter-over-quarter from $517.0 million in Q1 2026.
Analysis
Diamondback Energy (FANG) Current Taxes (2021 - 2026) Analysis & Trends
Diamondback Energy (FANG) has reported Current Taxes for 6 consecutive years, with $230.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Current Taxes fell 16.97% year-over-year to $230.0 million; the trailing twelve-month figure through Jun 2026 stood at $230.0 million (down 16.97% YoY), and the FY2025 full-year result was $149.0 million, down 64.01% from the prior year.
- Current Taxes fell to $230.0 million in Q2 2026 per FANG's latest filing, from $517.0 million in the prior quarter.
- Across five years, Current Taxes topped out at $550.0 million in Q1 2025 and bottomed at $15.0 million in Q2 2023.
- Historically, Current Taxes has averaged $177.4 million across 5 years, with a median of $92.5 million in 2023.
- The sharpest annual moves came in 2024 and 2025: Current Taxes surged 1327.59% in 2024, then plunged 88.58% in 2025.
- Over 5 years, Current Taxes 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 surged by 54.36% to $230.0 million in 2026.
- According to Business Quant data, Current Taxes over the past three periods registered $230.0 million, $517.0 million, and $149.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 166.37 Bn | 158.68 Bn | 12.81 Bn | 2.54 Bn |
| 2 | Canadian Natural Resources | 106.24 Bn | 104.35 Bn | 8.84 Bn | 712.80 Mn |
| 3 | Eog Resources | 77.64 Bn | 72.73 Bn | - | 697.00 Mn |
| 4 | Diamondback Energy | 57.73 Bn | 57.26 Bn | 5.55 Bn | 230.00 Mn |
| 5 | Devon Energy | 46.75 Bn | 45.74 Bn | 6.02 Bn | 414.00 Mn |
| 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 | 2.00 Mn |
| 9 | Apa | 15.73 Bn | 15.28 Bn | 2.28 Bn | - |
| 10 | Antero Resources | 12.12 Bn | 11.55 Bn | 1.56 Bn | - |
Historic Data
Download Data
Historic 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 |