Diamondback Energy (FANG) Current Taxes (2021 - 2026)
Diamondback Energy (FANG) recorded Current Taxes of $230 million in Q2 2026, down 17.0% from $277 million a year earlier and down 55.5% from the prior quarter.
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Analysis
Diamondback Energy (FANG) Current Taxes (2021 - 2026) Analysis & Trends
At the end of FY2025, Diamondback Energy reported Current Taxes of $149 million, down 64.0% from FY2024.
- Annual Current Taxes has a four-year compound annual growth rate of 72.1% (FY2021 to FY2025).
- Across earlier years, Current Taxes came in at $414 million in FY2024, $29 million in FY2023 (-14.7%), $34 million in FY2022 (+100.0%) and $17 million in FY2021.
- Quarterly Current Taxes has ranged from $15 million in Q2 2023 to $550 million in Q1 2025 over the past five years.
- On a year-over-year basis, Current Taxes has declined for four consecutive quarters, with growth averaging 183.0% over the last seven quarters.
- Peak year-over-year performance for Current Taxes in the last five years was growth of 681.1% in Q3 2024, against a decline of 88.6% in Q3 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $517 million (Q1 2026), $149 million (Q4 2025) and $33 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 744.64 Bn | 701.12 Bn | - | 4.20 Bn |
| 2 | Chevron | 442.27 Bn | 414.39 Bn | 33.45 Bn | 2.20 Bn |
| 3 | Shell | 309.15 Bn | 238.89 Bn | 30.13 Bn | 4.35 Bn |
| 4 | TotalEnergies SE | 197.58 Bn | 78.16 Bn | 61.77 Bn | - |
| 5 | Conocophillips | 176.06 Bn | 148.77 Bn | 12.81 Bn | 2.54 Bn |
| 6 | Equinor Asa | 119.68 Bn | 34.13 Bn | - | 14.33 Bn |
| 7 | Phillips 66 | 116.58 Bn | 104.37 Bn | 8.38 Bn | 2.01 Bn |
| 8 | Canadian Natural Resources | 113.35 Bn | 110.35 Bn | 8.84 Bn | 693.93 Mn |
| 9 | Suncor Energy | 95.61 Bn | 81.35 Bn | - | 87.00 Mn |
| 10 | Diamondback Energy | 56.96 Bn | 56.07 Bn | - | 230.00 Mn |
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 |
API Access
Diamondback Energy Current Taxes API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=current-taxes&ticker=FANG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-taxes", "ticker": "FANG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=current-taxes&ticker=FANG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();