Diamondback Energy (FANG) Invested Capital (2011 - 2026)
Diamondback Energy (FANG) recorded quarterly Invested Capital of $49.6 billion in Q1 2026, down 2.12% on a QoQ basis from $50.7 billion in Q4 2025, and down 9.35% year-over-year from $54.7 billion in Q1 2025.
Diamondback Energy (FANG) Invested Capital (2011 - 2026) Analysis & Trends
Diamondback Energy has disclosed Invested Capital across 16 years of filings, most recently posting $49.6 billion for Q1 2026.
- Quarterly Invested Capital fell 9.35% year-over-year to $49.6 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $49.6 billion (down 9.35% YoY) and the FY2025 annual result came in at $50.7 billion, down 2.39% from the prior year.
- Invested Capital fell to $49.6 billion in Q1 2026, from $50.7 billion in the prior quarter.
- Over five years, Invested Capital peaked at $57.9 billion in Q2 2025 and troughed at $19.7 billion in Q1 2022.
- A 5-year average of $35.3 billion and a median of $24.6 billion in 2024 frame the typical range for Invested Capital.
- Annual changes were most pronounced in 2025 — Invested Capital jumped 122.08% — and 2026, when it decreased 9.35%.
- Tracing FANG's Invested Capital over 5 years: stood at $21.9 billion in 2022, then rose by 9.77% to $24.1 billion in 2023, then surged by 115.77% to $51.9 billion in 2024, then retreated by 2.39% to $50.7 billion in 2025, then slipped by 2.12% to $49.6 billion in 2026.
- Business Quant data shows FANG's Invested Capital at $49.6 billion in Q1 2026, $50.7 billion in Q4 2025, and $54.9 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | 37.16 Bn |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | 321.58 Mn |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | 86.96 Bn |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | 30.94 Bn |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 54.27 Bn |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | 49.62 Bn |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | 2.62 Bn |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | 34.78 Bn |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | 177.38 Bn |
| 10 | Devon Energy | 27.08 Bn | 27.08 Bn | 3.61 Bn | 23.81 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 49.62 Bn |
| Dec 31, 2025 | 50.70 Bn |
| Sep 30, 2025 | 54.94 Bn |
| Jun 30, 2025 | 57.94 Bn |
| Mar 31, 2025 | 54.74 Bn |
| Dec 31, 2024 | 51.94 Bn |
| Sep 30, 2024 | 50.74 Bn |
| Jun 30, 2024 | 30.51 Bn |
| Mar 31, 2024 | 24.65 Bn |
| Dec 31, 2023 | 24.07 Bn |
| Sep 30, 2023 | 23.21 Bn |
| Jun 30, 2023 | 22.76 Bn |
| Mar 31, 2023 | 23.07 Bn |
| Dec 31, 2022 | 21.93 Bn |
| Sep 30, 2022 | 19.91 Bn |
| Jun 30, 2022 | 19.79 Bn |
| Mar 31, 2022 | 19.66 Bn |
| Dec 31, 2021 | 19.89 Bn |
| Sep 30, 2021 | 19.35 Bn |
| Jun 30, 2021 | 19.25 Bn |