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Consolidated Balance Sheets

In millions of USD, except per-share amounts
Q2 FY2026
As of Jun 30, 2026
Q1 FY2026
As of Mar 31, 2026
Q4 FY2025
As of Dec 31, 2025
Q3 FY2025
As of Sep 30, 2025
Q2 FY2025
As of Jun 30, 2025
Q1 FY2025
As of Mar 31, 2025
Q4 FY2024
As of Dec 31, 2024
Q3 FY2024
As of Sep 30, 2024
Q2 FY2024
As of Jun 30, 2024
Q1 FY2024
As of Mar 31, 2024
Q4 FY2023
As of Dec 31, 2023
Q3 FY2023
As of Sep 30, 2023
Q2 FY2023
As of Jun 30, 2023
Q1 FY2023
As of Mar 31, 2023
Q4 FY2022
As of Dec 31, 2022
Q3 FY2022
As of Sep 30, 2022
Q2 FY2022
As of Jun 30, 2022
Q1 FY2022
As of Mar 31, 2022
Q4 FY2021
As of Dec 31, 2021
Q3 FY2021
As of Sep 30, 2021
Assets
Current assets:
Cash and cash equivalents ($77 million and $13 million related to Viper)
Restricted cash
Accounts receivable:
Joint interest and other, net
Oil and natural gas sales, net ($461 million and $262 million related to Viper)
Income tax receivable
Inventories
Derivative instruments
Prepaid expenses and other current assets
Total current assets
Property and equipment:
Oil and natural gas properties, full cost method of accounting ($24,498 million and $22,666 million excluded from amortization at September 30, 2025, and December 31, 2024, respectively) ($14,589 million and $5,713 million related to Viper and $5,275 million and $2,180 million excluded from amortization related to Viper)
Oil and natural gas properties:
Proved properties ($9,608 million and $9,746 million related to Viper)
Unproved properties ($4,545 million and $4,910 million related to Viper)
Other property, equipment and land
Accumulated depletion, depreciation, amortization and impairment ($2,856 million and $2,455 million related to Viper)
Property and equipment, net
Funds held in escrow
Equity method investments
Assets held for sale
Derivative instruments
Deferred income taxes, net ($— million and $185 million related to Viper)
Investment in real estate, net
Other assets
Total assets
Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable - trade
Accrued capital expenditures
Accounts payable and accrued capital expenditures
Current maturities of debt
Other accrued liabilities
Revenues and royalties payable
Derivative instruments
Income taxes payable
Total current liabilities
Long-term debt ($1,678 million and $2,186 million related to Viper)
Derivative instruments
Asset retirement obligations
Deferred income taxes
Other long-term liabilities
Total liabilities
Stockholders’ equity:
Common stock, $0.01 par value; 800,000,000 shares authorized; 280,567,508 and 284,594,908 shares issued and outstanding at June 30, 2026, and December 31, 2025, respectively
Additional paid-in capital
Retained earnings (accumulated deficit)
Accumulated other comprehensive income (loss)
Total Diamondback Energy, Inc. stockholders’ equity
Non-controlling interest
Total equity
Total liabilities and stockholders’ equity

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