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| Date | Value |
|---|---|
| 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 |