Diamondback Energy (FANG) Free Cash Flow (2011 - 2026)
Diamondback Energy's (FANG) quarterly Free Cash Flow came in at $2.6 billion in Q2 2026, up 306.45% on a YoY basis from $638.0 million in Q2 2025, and up 189.72% quarter-over-quarter from $895.0 million in Q1 2026.
Analysis
Diamondback Energy (FANG) Free Cash Flow (2011 - 2026) Analysis & Trends
Diamondback Energy (FANG) has reported Free Cash Flow for 16 consecutive years, with $2.6 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Free Cash Flow rose 306.45% year-over-year to $2.6 billion; the trailing twelve-month figure through Jun 2026 stood at $6.2 billion (up 255.05% YoY), and the FY2025 full-year result was $2.8 billion, up 212.49% from the prior year.
- Free Cash Flow improved to $2.6 billion in Q2 2026 per FANG's latest filing, from $895.0 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $2.6 billion in Q2 2026 and bottomed at -$5.5 billion in Q3 2024.
- Historically, Free Cash Flow has averaged $633.7 million across 5 years, with a median of $893.5 million in 2024.
- The sharpest annual moves came in 2024 and 2026: Free Cash Flow tumbled 1009.52% in 2024, then jumped 306.45% in 2026.
- Over 5 years, Free Cash Flow stood at $830.0 million in 2022, then advanced by 17.47% to $975.0 million in 2023, then jumped by 45.13% to $1.4 billion in 2024, then increased by 28.34% to $1.8 billion in 2025, then soared by 42.79% to $2.6 billion in 2026.
- According to Business Quant data, Free Cash Flow over the past three periods registered $2.6 billion, $895.0 million, and $1.8 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 165.25 Bn | 157.56 Bn | 12.81 Bn | 4.41 Bn |
| 2 | Canadian Natural Resources | 105.04 Bn | 103.15 Bn | 8.84 Bn | 6.65 Bn |
| 3 | Eog Resources | 77.79 Bn | 72.88 Bn | - | 3.03 Bn |
| 4 | Diamondback Energy | 57.62 Bn | 57.16 Bn | 5.55 Bn | 2.59 Bn |
| 5 | Devon Energy | 46.50 Bn | 45.49 Bn | 6.02 Bn | 2.36 Bn |
| 6 | Expand Energy | 22.24 Bn | 20.97 Bn | 2.33 Bn | 343.00 Mn |
| 7 | Permian Resources | 19.88 Bn | 19.62 Bn | - | 984.25 Mn |
| 8 | Ovintiv | 18.21 Bn | 17.33 Bn | 2.83 Bn | 1.06 Bn |
| 9 | Apa | 15.83 Bn | 15.39 Bn | 2.28 Bn | 1.14 Bn |
| 10 | Antero Resources | 11.76 Bn | 11.19 Bn | 1.56 Bn | 131.03 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.59 Bn |
| Mar 31, 2026 | 895.00 Mn |
| Dec 31, 2025 | 1.82 Bn |
| Sep 30, 2025 | 847.00 Mn |
| Jun 30, 2025 | -1.26 Bn |
| Mar 31, 2025 | 1.41 Bn |
| Dec 31, 2024 | 1.42 Bn |
| Sep 30, 2024 | -5.54 Bn |
| Jun 30, 2024 | 892.00 Mn |
| Mar 31, 2024 | 725.00 Mn |
| Dec 31, 2023 | 975.00 Mn |
| Sep 30, 2023 | 609.00 Mn |
| Jun 30, 2023 | 1.09 Bn |
| Mar 31, 2023 | 545.00 Mn |
| Dec 31, 2022 | 830.00 Mn |
| Sep 30, 2022 | 1.46 Bn |
| Jun 30, 2022 | 1.26 Bn |
| Mar 31, 2022 | 834.00 Mn |
| Dec 31, 2021 | 740.00 Mn |
| Sep 30, 2021 | 814.00 Mn |