Diamondback Energy (FANG) Free Cash Flow (2011 - 2026)
Diamondback Energy's (FANG) quarterly Free Cash Flow came in at $895.0 million in Q1 2026, down 44.24% YoY from $1.6 billion in Q1 2025, and down 78.85% on a QoQ basis from $4.2 billion in Q4 2025.
Diamondback Energy (FANG) Free Cash Flow (2011 - 2026) Analysis & Trends
Diamondback Energy (FANG) has 16 years of Free Cash Flow data on file, last reported at $895.0 million in Q1 2026.
- Quarterly Free Cash Flow fell 44.24% year-over-year to $895.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $4.5 billion (up 2.24% YoY) and the FY2025 annual result came in at $5.2 billion, up 47.63% from the prior year.
- Free Cash Flow fell to $895.0 million in Q1 2026, from $4.2 billion in the prior quarter.
- In the past five years, Free Cash Flow ranged from a high of $4.2 billion in Q4 2025 to a low of -$1.4 billion in Q2 2025.
- A 5-year average of $1.0 billion and a median of $967.0 million in 2022 frame the typical range for Free Cash Flow.
- Annual changes were most pronounced in 2022 — Free Cash Flow jumped 410.86% — and 2025, when it slumped 262.33%.
- Tracing FANG's Free Cash Flow over 5 years: stood at $830.0 million in 2022, then rose by 17.47% to $975.0 million in 2023, then jumped by 44.41% to $1.4 billion in 2024, then surged by 200.5% to $4.2 billion in 2025, then tumbled by 78.85% to $895.0 million in 2026.
- The last three Free Cash Flow figures came in at $895.0 million (Q1 2026), $4.2 billion (Q4 2025), and $847.0 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn | 4.41 Bn |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn | 1.72 Bn |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - | 3.03 Bn |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn | 2.59 Bn |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn | - |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn | 2.36 Bn |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn | 3.50 Bn |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn | 397.84 Mn |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - | 70.05 Mn |
| 10 | Expand Energy | 22.89 Bn | 21.63 Bn | 2.33 Bn | 343.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.59 Bn |
| Jun 30, 2026 | 2.59 Bn |
| Mar 31, 2026 | 895.00 Mn |
| Mar 31, 2026 | 895.00 Mn |
| Dec 31, 2025 | 4.23 Bn |
| Dec 31, 2025 | 4.23 Bn |
| Sep 30, 2025 | 847.00 Mn |
| Sep 30, 2025 | 847.00 Mn |
| Jun 30, 2025 | -1.45 Bn |
| Jun 30, 2025 | -1.45 Bn |
| Mar 31, 2025 | 1.61 Bn |
| Mar 31, 2025 | 1.61 Bn |
| Dec 31, 2024 | 1.41 Bn |
| Dec 31, 2024 | 1.41 Bn |
| Sep 30, 2024 | 521.00 Mn |
| Sep 30, 2024 | 521.00 Mn |
| Jun 30, 2024 | 892.00 Mn |
| Jun 30, 2024 | 892.00 Mn |
| Mar 31, 2024 | 725.00 Mn |
| Mar 31, 2024 | 725.00 Mn |