Diamondback Energy (FANG) Tax Provisions (2012 - 2026)
Diamondback Energy's (FANG) quarterly Tax Provisions came in at $580.0 million in Q2 2026, up 184.31% on a YoY basis from $204.0 million in Q2 2025, and up 1712.5% quarter-over-quarter from $32.0 million in Q1 2026.
Analysis
Diamondback Energy (FANG) Tax Provisions (2012 - 2026) Analysis & Trends
Diamondback Energy (FANG) has reported Tax Provisions for 15 consecutive years, with $580.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Provisions rose 184.31% year-over-year to $580.0 million; the trailing twelve-month figure through Jun 2026 stood at $332.0 million (down 64.38% YoY), and the FY2025 full-year result was $327.0 million, down 59.13% from the prior year.
- Tax Provisions grew to $580.0 million in Q2 2026 per FANG's latest filing, from $32.0 million in the prior quarter.
- Across five years, Tax Provisions topped out at $580.0 million in Q2 2026 and bottomed at -$567.0 million in Q4 2025.
- Historically, Tax Provisions has averaged $212.5 million across 5 years, with a median of $237.5 million in 2024.
- The sharpest annual moves came in 2022 and 2025: Tax Provisions soared 327.66% in 2022, then plunged 593.04% in 2025.
- Over 5 years, Tax Provisions 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 202.29% to $580.0 million in 2026.
- According to Business Quant data, Tax Provisions over the past three periods registered $580.0 million, $32.0 million, and -$567.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 166.37 Bn | 158.68 Bn | 12.81 Bn | 2.15 Bn |
| 2 | Canadian Natural Resources | 106.24 Bn | 104.35 Bn | 8.84 Bn | 775.70 Mn |
| 3 | Eog Resources | 77.64 Bn | 72.73 Bn | - | 775.00 Mn |
| 4 | Diamondback Energy | 57.73 Bn | 57.26 Bn | 5.55 Bn | 580.00 Mn |
| 5 | Devon Energy | 46.75 Bn | 45.74 Bn | 6.02 Bn | 473.00 Mn |
| 6 | Expand Energy | 23.07 Bn | 21.81 Bn | 2.33 Bn | 150.00 Mn |
| 7 | Permian Resources | 19.87 Bn | 19.61 Bn | - | 223.39 Mn |
| 8 | Ovintiv | 17.94 Bn | 17.05 Bn | 2.83 Bn | 83.00 Mn |
| 9 | Apa | 15.73 Bn | 15.28 Bn | 2.28 Bn | 234.00 Mn |
| 10 | Antero Resources | 12.12 Bn | 11.55 Bn | 1.56 Bn | 79.00 Mn |
Historic Data
Download Data
Historic 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 |