Diamondback Energy (FANG) Rent Expense (2017 - 2026)

Diamondback Energy (FANG) recorded quarterly Rent Expense of $547.0 million in Q1 2026, up 3.8% on a QoQ basis from $527.0 million in Q4 2025, and up 34.07% year-over-year from $408.0 million in Q1 2025.

Diamondback Energy (FANG) Rent Expense (2017 - 2026) Analysis & Trends

Diamondback Energy has disclosed Rent Expense across 10 years of filings, most recently posting $547.0 million for Q1 2026.

  • Quarterly Rent Expense rose 34.07% year-over-year to $547.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.0 billion (up 39.26% YoY) and the FY2025 annual result came in at $1.9 billion, up 45.02% from the prior year.
  • Rent Expense advanced to $547.0 million in Q1 2026, from $527.0 million in the prior quarter.
  • Over five years, Rent Expense peaked at $547.0 million in Q1 2026 and troughed at $149.0 million in Q1 2022.
  • A 5-year average of $307.2 million and a median of $254.0 million in 2023 frame the typical range for Rent Expense.
  • Annual changes were most pronounced in 2022 — Rent Expense climbed 1.27% — and 2024, when it soared 81.5%.
  • Tracing FANG's Rent Expense over 5 years: stood at $161.0 million in 2022, then surged by 57.76% to $254.0 million in 2023, then soared by 81.5% to $461.0 million in 2024, then gained by 14.32% to $527.0 million in 2025, then increased by 3.8% to $547.0 million in 2026.
  • Business Quant data shows FANG's Rent Expense at $547.0 million in Q1 2026, $527.0 million in Q4 2025, and $490.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Rental Exp. (Qtr)
1 Woodside Energy 630.08 Bn 624.14 Bn - -
2 Canadian Natural Resources 388.31 Bn 388.31 Bn 6.72 Bn -
3 Conocophillips 142.98 Bn 136.61 Bn 9.48 Bn -
4 Eog Resources 72.93 Bn 69.08 Bn - 462.00 Mn
5 Occidental Petroleum 55.91 Bn 52.73 Bn 4.87 Bn -
6 Diamondback Energy 54.95 Bn 61.11 Bn 4.22 Bn 547.00 Mn
7 Vista Energy, S.A.B. de C.V 35.18 Bn 34.56 Bn 472.36 Mn -
8 Eqt 32.94 Bn 36.28 Bn 2.98 Bn -
9 Vermilion Energy 31.24 Bn 31.05 Bn 370.10 Mn -
10 Devon Energy 27.08 Bn 27.08 Bn 3.61 Bn -

Historic Data

Download Data
DateValue
Mar 31, 2026 547.00 Mn
Mar 31, 2026 547.00 Mn
Dec 31, 2025 527.00 Mn
Dec 31, 2025 527.00 Mn
Sep 30, 2025 490.00 Mn
Sep 30, 2025 490.00 Mn
Jun 30, 2025 440.00 Mn
Jun 30, 2025 440.00 Mn
Mar 31, 2025 408.00 Mn
Mar 31, 2025 408.00 Mn
Dec 31, 2024 461.00 Mn
Dec 31, 2024 461.00 Mn
Sep 30, 2024 316.00 Mn
Sep 30, 2024 316.00 Mn
Jun 30, 2024 254.00 Mn
Jun 30, 2024 254.00 Mn
Mar 31, 2024 255.00 Mn
Mar 31, 2024 255.00 Mn
Dec 31, 2023 254.00 Mn
Dec 31, 2023 254.00 Mn