Diamondback Energy (FANG) Free Cash Flow (2011 - 2026)
Diamondback Energy (FANG) recorded quarterly Free Cash Flow of $895.0 million in Q1 2026, down 50.72% on a QoQ basis from $1.8 billion in Q4 2025, and down 44.24% year-over-year from $1.6 billion in Q1 2025.
Diamondback Energy (FANG) Free Cash Flow (2011 - 2026) Analysis & Trends
Diamondback Energy has disclosed Free Cash Flow across 16 years of filings, most recently posting $895.0 million for 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 $2.1 billion (up 229.69% YoY) and the FY2025 annual result came in at $2.8 billion, up 212.49% from the prior year.
- Free Cash Flow eased to $895.0 million in Q1 2026, from $1.8 billion in the prior quarter.
- Over five years, Free Cash Flow peaked at $2.1 billion in Q2 2023 and troughed at -$4.6 billion in Q4 2024.
- A 5-year average of $518.5 million and a median of $895.0 million in 2026 frame the typical range for Free Cash Flow.
- Annual changes were most pronounced in 2022 — Free Cash Flow jumped 410.86% — and 2024, when it sank 576.41%.
- Tracing FANG's Free Cash Flow over 5 years: stood at $830.0 million in 2022, then advanced by 17.47% to $975.0 million in 2023, then plunged by 576.41% to -$4.6 billion in 2024, then soared by 139.1% to $1.8 billion in 2025, then sank by 50.72% to $895.0 million in 2026.
- Business Quant data shows FANG's Free Cash Flow at $895.0 million in Q1 2026, $1.8 billion in Q4 2025, and $847.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 631.53 Bn | 625.59 Bn | - | -1.81 Bn |
| 2 | Canadian Natural Resources | 402.73 Bn | 402.73 Bn | 6.72 Bn | 1.53 Bn |
| 3 | Conocophillips | 145.39 Bn | 139.02 Bn | 9.48 Bn | 1.35 Bn |
| 4 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 2.81 Bn |
| 5 | Occidental Petroleum | 57.00 Bn | 53.82 Bn | 4.87 Bn | 1.26 Bn |
| 6 | Diamondback Energy | 56.03 Bn | 62.20 Bn | 4.22 Bn | 895.00 Mn |
| 7 | Vista Energy, S.A.B. de C.V | 36.26 Bn | 35.65 Bn | 472.36 Mn | 85.67 Mn |
| 8 | Eqt | 33.02 Bn | 36.36 Bn | 2.98 Bn | 2.46 Bn |
| 9 | Vermilion Energy | 32.76 Bn | 32.57 Bn | 370.10 Mn | -98.14 Bn |
| 10 | Devon Energy | 27.78 Bn | 27.78 Bn | 3.61 Bn | 816.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 895.00 Mn |
| Mar 31, 2026 | 895.00 Mn |
| Dec 31, 2025 | 1.82 Bn |
| Dec 31, 2025 | 1.82 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 | -4.65 Bn |
| Dec 31, 2024 | -4.65 Bn |
| Sep 30, 2024 | -522.00 Mn |
| Sep 30, 2024 | -522.00 Mn |
| Jun 30, 2024 | 1.94 Bn |
| Jun 30, 2024 | 1.94 Bn |
| Mar 31, 2024 | 725.00 Mn |
| Mar 31, 2024 | 725.00 Mn |
| Dec 31, 2023 | 975.00 Mn |
| Dec 31, 2023 | 975.00 Mn |