Diamondback Energy (FANG) Free Cash Flow (2011 - 2026)
Diamondback Energy (FANG) recorded Free Cash Flow of $2.59 billion in Q2 2026, compared with -$1.26 billion a year earlier and up 189.7% from the prior quarter.
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Analysis
Diamondback Energy (FANG) Free Cash Flow (2011 - 2026) Analysis & Trends
On a TTM basis, Diamondback Energy's Free Cash Flow came in at $6.15 billion as of Jun 30, 2026; for FY2025, it was $2.82 billion.
- Annual Free Cash Flow has a five-year compound annual growth rate of 47.9% (FY2020 to FY2025).
- Across earlier years, Free Cash Flow came in at -$2.51 billion in FY2024, $3.22 billion in FY2023 (-26.6%), $4.39 billion in FY2022 (+76.4%) and $2.49 billion in FY2021 (+523.3%).
- The Q2 2026 figure is the highest quarterly Free Cash Flow in data going back to Q4 2011.
- On a year-over-year basis, Free Cash Flow rose in three of the last four quarters, with growth averaging 32.9%.
- Peak year-over-year performance for Free Cash Flow in the last five years was growth of 302.2% in Q4 2021, against a decline of 58.3% in Q3 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $895 million (Q1 2026), $1.82 billion (Q4 2025) and $847 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 744.85 Bn | 701.33 Bn | - | 17.03 Bn |
| 2 | Chevron | 442.63 Bn | 414.75 Bn | 33.45 Bn | 18.10 Bn |
| 3 | Shell | 309.21 Bn | 238.95 Bn | 30.13 Bn | -59.17 Bn |
| 4 | TotalEnergies SE | 197.75 Bn | 78.34 Bn | 61.77 Bn | 6.63 Bn |
| 5 | Conocophillips | 176.36 Bn | 149.07 Bn | 12.81 Bn | 4.41 Bn |
| 6 | Equinor Asa | 119.82 Bn | 34.28 Bn | - | 6.60 Bn |
| 7 | Phillips 66 | 116.79 Bn | 104.58 Bn | 8.38 Bn | 6.53 Bn |
| 8 | Canadian Natural Resources | 113.45 Bn | 110.46 Bn | 8.84 Bn | 6.65 Bn |
| 9 | Suncor Energy | 95.66 Bn | 81.41 Bn | - | 7.00 Bn |
| 10 | Diamondback Energy | 57.03 Bn | 56.13 Bn | - | 2.16 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.16 Bn |
| Mar 31, 2026 | 581.00 Mn |
| Dec 31, 2025 | 873.00 Mn |
| Sep 30, 2025 | 73.00 Mn |
| Jun 30, 2025 | -2.31 Bn |
| Mar 31, 2025 | 663.00 Mn |
| Dec 31, 2024 | 482.00 Mn |
| Sep 30, 2024 | -7.27 Bn |
| Jun 30, 2024 | 842.00 Mn |
| Mar 31, 2024 | 572.00 Mn |
| Dec 31, 2023 | 155.00 Mn |
| Sep 30, 2023 | 506.00 Mn |
| Jun 30, 2023 | 657.00 Mn |
| Mar 31, 2023 | -112.00 Mn |
| Dec 31, 2022 | -153.00 Mn |
| Sep 30, 2022 | 1.18 Bn |
| Jun 30, 2022 | 1.15 Bn |
| Mar 31, 2022 | 531.00 Mn |
| Dec 31, 2021 | 400.00 Mn |
| Sep 30, 2021 | 775.00 Mn |
API Access
Diamondback Energy Free Cash Flow 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=free-cash-flow&ticker=FANG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=FANG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();