Diamondback Energy (FANG) Tax Provisions (2012 - 2026)

Diamondback Energy (FANG) recorded quarterly Tax Provisions of $32.0 million in Q1 2026, up 105.64% on a QoQ basis from -$567.0 million in Q4 2025, and down 92.06% year-over-year from $403.0 million in Q1 2025.

Diamondback Energy (FANG) Tax Provisions (2012 - 2026) Analysis & Trends

Diamondback Energy has disclosed Tax Provisions across 15 years of filings, most recently posting $32.0 million for Q1 2026.

  • Quarterly Tax Provisions fell 92.06% year-over-year to $32.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$44.0 million (down 104.49% YoY) and the FY2025 annual result came in at $327.0 million, down 59.13% from the prior year.
  • Tax Provisions improved to $32.0 million in Q1 2026, from -$567.0 million in the prior quarter.
  • Over five years, Tax Provisions peaked at $403.0 million in Q1 2025 and troughed at -$567.0 million in Q4 2025.
  • A 5-year average of $190.9 million and a median of $223.0 million in 2024 frame the typical range for Tax Provisions.
  • Annual changes were most pronounced in 2022 — Tax Provisions surged 327.66% — and 2025, when it tumbled 593.04%.
  • Tracing FANG's Tax Provisions over 5 years: stood at $261.0 million in 2022, then increased by 1.15% to $264.0 million in 2023, then slumped by 56.44% to $115.0 million in 2024, then slumped by 593.04% to -$567.0 million in 2025, then soared by 105.64% to $32.0 million in 2026.
  • Business Quant data shows FANG's Tax Provisions at $32.0 million in Q1 2026, -$567.0 million in Q4 2025, and $287.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Woodside Energy 630.08 Bn 624.14 Bn - -
2 Canadian Natural Resources 388.31 Bn 388.31 Bn 6.72 Bn 404.71 Mn
3 Conocophillips 142.98 Bn 136.61 Bn 9.48 Bn 1.18 Bn
4 Eog Resources 72.93 Bn 69.08 Bn - 575.00 Mn
5 Occidental Petroleum 55.91 Bn 52.73 Bn 4.87 Bn 154.00 Mn
6 Diamondback Energy 54.95 Bn 61.11 Bn 4.22 Bn 32.00 Mn
7 Vista Energy, S.A.B. de C.V 35.18 Bn 34.56 Bn 472.36 Mn -35.82 Mn
8 Eqt 32.94 Bn 36.28 Bn 2.98 Bn 433.35 Mn
9 Vermilion Energy 31.24 Bn 31.05 Bn 370.10 Mn -73.74 Mn
10 Devon Energy 27.08 Bn 27.08 Bn 3.61 Bn -188.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 32.00 Mn
Dec 31, 2025 -567.00 Mn
Sep 30, 2025 287.00 Mn
Jun 30, 2025 204.00 Mn
Mar 31, 2025 403.00 Mn
Dec 31, 2024 115.00 Mn
Sep 30, 2024 210.00 Mn
Jun 30, 2024 252.00 Mn
Mar 31, 2024 223.00 Mn
Dec 31, 2023 264.00 Mn
Sep 30, 2023 276.00 Mn
Jun 30, 2023 165.00 Mn
Mar 31, 2023 207.00 Mn
Dec 31, 2022 261.00 Mn
Sep 30, 2022 290.00 Mn
Jun 30, 2022 402.00 Mn
Mar 31, 2022 221.00 Mn
Dec 31, 2021 279.00 Mn
Sep 30, 2021 193.00 Mn
Jun 30, 2021 94.00 Mn