Diamondback Energy (FANG) Tax Provisions (2012 - 2026)
Diamondback Energy's (FANG) quarterly Tax Provisions came in at $32.0 million in Q1 2026, down 92.06% YoY from $403.0 million in Q1 2025, and up 105.64% on a QoQ basis from -$567.0 million in Q4 2025.
Diamondback Energy (FANG) Tax Provisions (2012 - 2026) Analysis & Trends
Diamondback Energy (FANG) has 15 years of Tax Provisions data on file, last reported at $32.0 million in 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 grew to $32.0 million in Q1 2026, from -$567.0 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $403.0 million in Q1 2025 to a low of -$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 climbed by 1.15% to $264.0 million in 2023, then plunged by 56.44% to $115.0 million in 2024, then plunged by 593.04% to -$567.0 million in 2025, then jumped by 105.64% to $32.0 million in 2026.
- The last three Tax Provisions figures came in at $32.0 million (Q1 2026), -$567.0 million (Q4 2025), and $287.0 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.90 Bn | 156.21 Bn | 12.81 Bn | 2.15 Bn |
| 2 | Canadian Natural Resources | 106.58 Bn | 104.69 Bn | 10.66 Bn | 775.70 Mn |
| 3 | Eog Resources | 80.36 Bn | 75.45 Bn | - | 775.00 Mn |
| 4 | Diamondback Energy | 59.29 Bn | 58.83 Bn | 5.55 Bn | 580.00 Mn |
| 5 | Woodside Energy | 46.17 Bn | 40.23 Bn | 6.02 Bn | - |
| 6 | Devon Energy | 46.16 Bn | 45.15 Bn | 6.02 Bn | 473.00 Mn |
| 7 | Occidental Petroleum | 39.38 Bn | 35.23 Bn | 7.73 Bn | 915.00 Mn |
| 8 | Eqt | 33.95 Bn | 33.84 Bn | 1.42 Bn | 84.93 Mn |
| 9 | Texas Pacific Land | 26.55 Bn | 26.30 Bn | - | 39.77 Mn |
| 10 | Expand Energy | 22.95 Bn | 21.68 Bn | 2.33 Bn | 150.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 193.00 Mn |