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| Date | Value |
|---|---|
| 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 |