Diamondback Energy (FANG) Net Long-Term Debt Issued (Repaid) (2012 - 2026)
Diamondback Energy (FANG) reported Non-Current Debt of $11.07 billion for Q2 2026, down 26.8% from $15.12 billion a year earlier and down 15.8% from the prior quarter.
Diamondback Energy (FANG) Net Long-Term Debt Issued (Repaid) (2012 - 2026) Analysis & Trends
At the end of FY2025, Diamondback Energy posted Non-Current Debt of $13.73 billion, up 13.7% from FY2024.
- Non-Current Debt has increased for three consecutive years, with a five-year compound annual growth rate of 19.5% (FY2020 to FY2025).
- By year, Non-Current Debt came in at $12.08 billion in FY2024 (+81.8%), $6.64 billion in FY2023 (+6.5%), $6.24 billion in FY2022 (-6.1%) and $6.64 billion in FY2021 (+18.1%).
- The Q2 2026 figure ranks as the lowest quarterly Non-Current Debt since Q1 2024.
- Year over year, Non-Current Debt gained in seven of the last eight quarters, with growth averaging 39.6%.
- The high point for year-over-year Non-Current Debt in five years was Q1 2025 (growth of 96.0%); the low point was Q2 2026 (a decline of 26.8%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $13.15 billion (Q1 2026), $13.73 billion (Q4 2025) and $15.85 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net LT Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 686.62 Bn | 644.76 Bn | - | -1.57 Bn |
| 2 | Chevron | 416.14 Bn | 383.18 Bn | 31.26 Bn | -19.00 Mn |
| 3 | Shell | 291.71 Bn | 151.98 Bn | - | 4.57 Bn |
| 4 | TotalEnergies SE | 192.78 Bn | 63.86 Bn | 31,614.00 | 62.00 Mn |
| 5 | Eni Spa | 167.56 Bn | 107.19 Bn | - | 3.74 Bn |
| 6 | Conocophillips | 165.53 Bn | 138.24 Bn | 12.81 Bn | -61.00 Mn |
| 7 | Equinor Asa | 108.87 Bn | 21.72 Bn | 4.49 Bn | 1.00 Mn |
| 8 | Canadian Natural Resources | 101.39 Bn | 95.29 Bn | 9.35 Bn | 315.02 Mn |
| 9 | Phillips 66 | 97.45 Bn | 81.24 Bn | 10.69 Bn | -2.07 Bn |
| 10 | Diamondback Energy | 50.12 Bn | 48.82 Bn | - | 615.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 615.00 Mn |
| Jun 30, 2026 | -1.16 Bn |
| Mar 31, 2026 | -599.00 Mn |
| Dec 31, 2025 | -1.65 Bn |
| Sep 30, 2025 | 1.01 Bn |
| Jun 30, 2025 | 1.28 Bn |
| Mar 31, 2025 | 939.00 Mn |
| Dec 31, 2024 | -102.00 Mn |
| Sep 30, 2024 | 1.00 Bn |
| Jun 30, 2024 | 5.50 Bn |
| Mar 31, 2024 | -25.00 Mn |
| Dec 31, 2023 | 511.00 Mn |
| Jun 30, 2023 | -134.00 Mn |
| Dec 31, 2022 | 1.25 Bn |
| Sep 30, 2022 | -45.00 Mn |
| Jun 30, 2022 | -365.00 Mn |
| Mar 31, 2022 | -750.00 Mn |
| Dec 31, 2021 | -653.00 Mn |
| Sep 30, 2021 | -433.00 Mn |
| Jun 30, 2021 | -191.00 Mn |
Diamondback Energy Net Long-Term Debt Issued (Repaid) 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=non-current-debt&ticker=FANG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-debt", "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=non-current-debt&ticker=FANG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();