Diamondback Energy (FANG) Deferred Taxes (2012 - 2026)
Diamondback Energy (FANG) reported Deferred Taxes of $36 million for Q2 2026, compared with -$24 million a year earlier.
Diamondback Energy (FANG) Deferred Taxes (2012 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Diamondback Energy's Deferred Taxes came in at -$707 million; for FY2025, it came in at -$519 million.
- By year, Deferred Taxes came in at $15 million in FY2024 (-96.0%), $378 million in FY2023 (-47.5%), $720 million in FY2022 (+18.8%) and $606 million in FY2021.
- Five-year quarterly Deferred Taxes spans a low of -$754 million in Q4 2025 and a high of $345 million in Q4 2022.
- The high point for year-over-year Deferred Taxes in five years was Q3 2024 (growth of 410.0%); the low point was Q3 2023 (a decline of 90.2%).
- Per Business Quant data, the three quarters before Q2 2026 came in at -$242 million (Q1 2026), -$754 million (Q4 2025) and $253 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 744.64 Bn | 701.12 Bn | - | - |
| 2 | Chevron | 442.27 Bn | 414.39 Bn | 33.45 Bn | 298.00 Mn |
| 3 | Shell | 309.15 Bn | 238.89 Bn | 30.13 Bn | - |
| 4 | TotalEnergies SE | 197.58 Bn | 78.16 Bn | 61.77 Bn | - |
| 5 | Conocophillips | 176.06 Bn | 148.77 Bn | 12.81 Bn | 47.00 Mn |
| 6 | Equinor Asa | 119.68 Bn | 34.13 Bn | - | - |
| 7 | Phillips 66 | 116.58 Bn | 104.37 Bn | 8.38 Bn | 66.00 Mn |
| 8 | Canadian Natural Resources | 113.35 Bn | 110.35 Bn | 8.84 Bn | 225.55 Mn |
| 9 | Suncor Energy | 95.61 Bn | 81.35 Bn | - | -71.00 Mn |
| 10 | Diamondback Energy | 56.96 Bn | 56.07 Bn | - | 36.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 36.00 Mn |
| Mar 31, 2026 | -242.00 Mn |
| Dec 31, 2025 | -754.00 Mn |
| Sep 30, 2025 | 253.00 Mn |
| Jun 30, 2025 | -24.00 Mn |
| Mar 31, 2025 | 6.00 Mn |
| Dec 31, 2024 | -165.00 Mn |
| Sep 30, 2024 | 51.00 Mn |
| Jun 30, 2024 | 77.00 Mn |
| Mar 31, 2024 | 52.00 Mn |
| Dec 31, 2023 | 193.00 Mn |
| Sep 30, 2023 | 10.00 Mn |
| Jun 30, 2023 | 78.00 Mn |
| Mar 31, 2023 | 97.00 Mn |
| Dec 31, 2022 | 345.00 Mn |
| Sep 30, 2022 | 102.00 Mn |
| Jun 30, 2022 | 184.00 Mn |
| Mar 31, 2022 | 89.00 Mn |
| Dec 31, 2021 | 258.00 Mn |
| Sep 30, 2021 | 193.00 Mn |
Diamondback Energy Deferred 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=deferred-taxes&ticker=FANG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "deferred-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=deferred-taxes&ticker=FANG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();