Diamondback Energy (FANG) Tax Provisions (2012 - 2026)
Diamondback Energy (FANG) recorded Tax Provisions of $580 million in Q2 2026, up 184.3% from $204 million a year earlier.
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Analysis
Diamondback Energy (FANG) Tax Provisions (2012 - 2026) Analysis & Trends
On a TTM basis, Diamondback Energy's Tax Provisions came in at $332 million as of Jun 30, 2026, down 64.4% year-over-year; for FY2025, it was $327 million, down 59.1% from FY2024.
- Annual Tax Provisions has declined for three straight years.
- Across earlier years, Tax Provisions came in at $800 million in FY2024 (-12.3%), $912 million in FY2023 (-22.3%), $1.17 billion in FY2022 (+86.1%) and $631 million in FY2021.
- The Q2 2026 figure is the highest quarterly Tax Provisions in data going back to Q4 2012.
- On a year-over-year basis, Tax Provisions rose in three of the last seven quarters, with growth averaging 15.7%.
- Peak year-over-year performance for Tax Provisions in the last five years was growth of 327.7% in Q2 2022, against a decline of 92.1% in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $32 million (Q1 2026), -$567 million (Q4 2025) and $287 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 686.62 Bn | 644.76 Bn | - | 5.21 Bn |
| 2 | Chevron | 416.14 Bn | 383.18 Bn | 31.26 Bn | 3.60 Bn |
| 3 | Shell | 291.71 Bn | 151.98 Bn | - | - |
| 4 | TotalEnergies SE | 192.78 Bn | 63.86 Bn | 31,614.00 | -5,080.00 |
| 5 | Eni Spa | 167.56 Bn | 107.19 Bn | - | -999.72 Mn |
| 6 | Conocophillips | 165.53 Bn | 138.24 Bn | 12.81 Bn | 2.15 Bn |
| 7 | Equinor Asa | 108.87 Bn | 21.72 Bn | 4.49 Bn | -8.80 Bn |
| 8 | Canadian Natural Resources | 101.39 Bn | 95.29 Bn | 9.35 Bn | 727.91 Mn |
| 9 | Phillips 66 | 97.45 Bn | 81.24 Bn | 10.69 Bn | 1.47 Bn |
| 10 | Diamondback Energy | 50.12 Bn | 48.82 Bn | - | 501.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 501.00 Mn |
| Jun 30, 2026 | 580.00 Mn |
| 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 |
API Access
Diamondback Energy Tax Provisions 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=tax-provisions&ticker=FANG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "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=tax-provisions&ticker=FANG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();