$FANG
Diamondback Energy, Inc. Stock $fang

$fang Overview Financials Valuation SEC Filings Company Website

2024 Q2 Form 10-Q Financial Statement

#000153983824000094 Filed on May 02, 2024

Income Statement

Concept	2024 Q2	2024 Q1
Revenue	$2.483B	$2.227B
YoY Change	29.39%	15.69%
Cost Of Revenue	$776.0M	$568.0M
YoY Change	86.54%	36.87%
Gross Profit	$1.707B	$1.659B
YoY Change	13.57%	9.87%
Gross Profit Margin	68.75%	74.49%
Selling, General & Admin	$46.00M	$46.00M
YoY Change	-13.21%	15.0%
% of Gross Profit	2.69%	2.77%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$483.0M	$469.0M
YoY Change	11.81%	16.38%
% of Gross Profit	28.3%	28.27%
Operating Expenses	$46.00M	$46.00M
YoY Change	-90.82%	15.0%
Operating Profit	$1.156B	$1.118B
YoY Change	15.37%	9.07%
Interest Expense	-$44.00M	-$46.00M
YoY Change	-80.36%	0.0%
% of Operating Profit	-3.81%	-4.11%
Other Income/Expense, Net	-$10.00M	-$86.00M
YoY Change	-52.38%	19.44%
Pretax Income	$1.146B	$1.032B
YoY Change	52.6%	8.29%
Income Tax	$252.0M	$223.0M
% Of Pretax Income	21.99%	21.61%
Net Earnings	$837.0M	$768.0M
YoY Change	49.2%	7.87%
Net Earnings / Revenue	33.71%	34.49%
Basic Earnings Per Share	$4.66	$4.28
Diluted Earnings Per Share	$4.66	$4.28
COMMON SHARES
Basic Shares Outstanding	178.3M shares	178.4M shares
Diluted Shares Outstanding	178.4M shares	178.5M shares

Balance Sheet

Concept	2024 Q2	2024 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$6.908B	$896.0M
YoY Change	38277.78%	1847.83%
Cash & Equivalents	$6.908B	$896.0M
Short-Term Investments
Other Short-Term Assets	$32.00M	$53.00M
YoY Change	18.52%	-48.54%
Inventory	$55.00M	$57.00M
Prepaid Expenses
Receivables	$711.0M	$734.0M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$7.825B	$1.948B
YoY Change	752.4%	67.93%
LONG-TERM ASSETS
Property, Plant & Equipment	$27.10B	$27.02B
YoY Change	7.41%	5.92%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$542.0M	$529.0M
YoY Change	-7.67%	-7.68%
Other Assets	$42.00M	$38.00M
YoY Change	-95.07%	-11.63%
Total Long-Term Assets	$27.81B	$27.74B
YoY Change	4.29%	4.97%
TOTAL ASSETS
Total Short-Term Assets	$7.825B	$1.948B
Total Long-Term Assets	$27.81B	$27.74B
Total Assets	$35.64B	$29.69B
YoY Change	29.18%	7.62%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$331.0M	$243.0M
YoY Change	32.93%	0.83%
Accrued Expenses	$903.0M	$907.0M
YoY Change	-10.77%	11.15%
Deferred Revenue	$782.0M	$732.0M
YoY Change	7.27%	2.23%
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due		$0.00
YoY Change		-100.0%
Total Short-Term Liabilities	$2.137B	$2.118B
YoY Change	0.66%	12.3%
LONG-TERM LIABILITIES
Long-Term Debt	$11.98B	$6.629B
YoY Change	83.1%	-4.62%
Other Long-Term Liabilities	$10.00M	$12.00M
YoY Change	-97.9%	-7.69%
Total Long-Term Liabilities	$11.99B	$6.641B
YoY Change	70.82%	-4.62%
TOTAL LIABILITIES
Total Short-Term Liabilities	$2.137B	$2.118B
Total Long-Term Liabilities	$11.99B	$6.641B
Total Liabilities	$17.11B	$11.67B
YoY Change	42.19%	1.79%
SHAREHOLDERS EQUITY
Retained Earnings	$3.187B	$2.705B
YoY Change	132.29%	179.73%
Common Stock	$14.27B	$14.25B
YoY Change	0.56%	-1.73%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$17.45B	$16.95B
YoY Change
Total Liabilities & Shareholders Equity	$35.64B	$29.69B
YoY Change	29.18%	7.62%

Cashflow Statement

Concept	2024 Q2	2024 Q1
OPERATING ACTIVITIES
Net Income	$837.0M	$768.0M
YoY Change	49.2%	7.87%
Depreciation, Depletion And Amortization	$483.0M	$469.0M
YoY Change	11.81%	16.38%
Cash From Operating Activities	$1.529B	$1.334B
YoY Change	1.06%	-6.39%
INVESTING ACTIVITIES
Capital Expenditures	$687.0M	$762.0M
YoY Change	-19.74%	-50.42%
Acquisitions
YoY Change
Other Investing Activities	$238.0M	$1.000M
YoY Change	-8.81%	-83.33%
Cash From Investing Activities	-$449.0M	-$751.0M
YoY Change	-24.54%	-41.28%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	4.932B	-$269.0M
YoY Change	-619.16%	4.67%
NET CHANGE
Cash From Operating Activities	1.529B	$1.334B
Cash From Investing Activities	-449.0M	-$751.0M
Cash From Financing Activities	4.932B	-$269.0M
Net Change In Cash	6.012B	$314.0M
YoY Change	-18887.5%	-382.88%
FREE CASH FLOW
Cash From Operating Activities	$1.529B	$1.334B
Capital Expenditures	$687.0M	$762.0M
Free Cash Flow	$842.0M	$572.0M
YoY Change	28.16%	-610.71%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2024Q1	us-gaap	Other Operating Income OtherOperatingIncome	10000000	usd
CY2023Q1	us-gaap	Other Operating Income OtherOperatingIncome	23000000	usd
CY2024Q1	us-gaap	Profit Loss ProfitLoss	809000000	usd
CY2024Q1	us-gaap	Income Taxes Receivable IncomeTaxesReceivable	0	usd
CY2023Q4	us-gaap	Income Taxes Receivable IncomeTaxesReceivable	1000000	usd
CY2024Q1	us-gaap	Equity Method Investments EquityMethodInvestments	529000000	usd
CY2023Q4	us-gaap	Equity Method Investments EquityMethodInvestments	529000000	usd
CY2024Q1	us-gaap	Derivative Assets Noncurrent DerivativeAssetsNoncurrent	7000000	usd
CY2023Q4	us-gaap	Derivative Assets Noncurrent DerivativeAssetsNoncurrent	1000000	usd
CY2024Q1	us-gaap	Deferred Income Tax Assets Net DeferredIncomeTaxAssetsNet	61000000	usd
CY2023Q4	us-gaap	Deferred Income Tax Assets Net DeferredIncomeTaxAssetsNet	45000000	usd
CY2024Q1	us-gaap	Real Estate Investments RealEstateInvestments	83000000	usd
CY2023Q4	us-gaap	Real Estate Investments RealEstateInvestments	84000000	usd
CY2024Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	38000000	usd
CY2023Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	47000000	usd
CY2024Q1	us-gaap	Assets Assets	29690000000	usd
CY2023Q4	us-gaap	Assets Assets	29001000000	usd
CY2024Q1	us-gaap	Accounts Payable Trade Current AccountsPayableTradeCurrent	243000000	usd
CY2023Q4	us-gaap	Accounts Payable Trade Current AccountsPayableTradeCurrent	261000000	usd
CY2024Q1	fang	Accrued Capital Expenditures AccruedCapitalExpenditures	570000000	usd
CY2023Q4	fang	Accrued Capital Expenditures AccruedCapitalExpenditures	493000000	usd
CY2024Q1	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	337000000	usd
CY2023Q4	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	475000000	usd
CY2024Q1	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	732000000	usd
CY2023Q4	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	764000000	usd
CY2024Q1	us-gaap	Derivative Liabilities Current DerivativeLiabilitiesCurrent	102000000	usd
CY2023Q4	us-gaap	Derivative Liabilities Current DerivativeLiabilitiesCurrent	86000000	usd
CY2024Q1	us-gaap	Taxes Payable Current TaxesPayableCurrent	134000000	usd
CY2023Q4	us-gaap	Taxes Payable Current TaxesPayableCurrent	29000000	usd
CY2024Q1	us-gaap	Liabilities Current LiabilitiesCurrent	2118000000	usd
CY2023Q4	us-gaap	Liabilities Current LiabilitiesCurrent	2108000000	usd
CY2024Q1	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	6629000000	usd
CY2023Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	6641000000	usd
CY2024Q1	us-gaap	Derivative Liabilities Noncurrent DerivativeLiabilitiesNoncurrent	144000000	usd
CY2023Q4	us-gaap	Derivative Liabilities Noncurrent DerivativeLiabilitiesNoncurrent	122000000	usd
CY2024Q1	us-gaap	Asset Retirement Obligations Noncurrent AssetRetirementObligationsNoncurrent	266000000	usd
CY2023Q4	us-gaap	Asset Retirement Obligations Noncurrent AssetRetirementObligationsNoncurrent	239000000	usd
CY2024Q1	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	2502000000	usd
CY2023Q4	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	2449000000	usd
CY2024Q1	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	12000000	usd
CY2023Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	12000000	usd
CY2024Q1	us-gaap	Liabilities Liabilities	11671000000	usd
CY2023Q4	us-gaap	Liabilities Liabilities	11571000000	usd
CY2024Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2023Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2023Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2024Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2023Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	400000000	shares
CY2024Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	400000000	shares
CY2024Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	178339978	shares
CY2024Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	178339978	shares
CY2023Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	178723871	shares
CY2023Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	178723871	shares
CY2024Q1	us-gaap	Common Stock Value Outstanding CommonStockValueOutstanding	2000000	usd
CY2023Q4	us-gaap	Common Stock Value Outstanding CommonStockValueOutstanding	2000000	usd
CY2024Q1	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	14251000000	usd
CY2023Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	14142000000	usd
CY2024Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	2705000000	usd
CY2023Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	2489000000	usd
CY2024Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-8000000	usd
CY2023Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-8000000	usd
CY2024Q1	us-gaap	Stockholders Equity StockholdersEquity	16950000000	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	16625000000	usd
CY2024Q1	us-gaap	Minority Interest MinorityInterest	1069000000	usd
CY2023Q4	us-gaap	Minority Interest MinorityInterest	805000000	usd
CY2024Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	18019000000	usd
CY2023Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	17430000000	usd
CY2024Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	29690000000	usd
CY2023Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	29001000000	usd
CY2024Q1	us-gaap	Revenues Revenues	2227000000	usd
CY2023Q1	us-gaap	Revenues Revenues	1925000000	usd
CY2024Q1	us-gaap	Operating Lease Expense OperatingLeaseExpense	255000000	usd
CY2023Q1	us-gaap	Operating Lease Expense OperatingLeaseExpense	192000000	usd
CY2024Q1	us-gaap	Production Tax Expense ProductionTaxExpense	119000000	usd
CY2023Q1	us-gaap	Production Tax Expense ProductionTaxExpense	155000000	usd
CY2024Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	469000000	usd
CY2023Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	403000000	usd
CY2024Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	46000000	usd
CY2023Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	40000000	usd
CY2024Q1	fang	Merger And Integration Expense MergerAndIntegrationExpense	12000000	usd
CY2023Q1	fang	Merger And Integration Expense MergerAndIntegrationExpense	8000000	usd
CY2024Q1	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	14000000	usd
CY2023Q1	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	34000000	usd
CY2024Q1	us-gaap	Costs And Expenses CostsAndExpenses	1109000000	usd
CY2023Q1	us-gaap	Costs And Expenses CostsAndExpenses	900000000	usd
CY2024Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	1118000000	usd
CY2023Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	1025000000	usd
CY2024Q1	us-gaap	Interest Income Expense Nonoperating Net InterestIncomeExpenseNonoperatingNet	-46000000	usd
CY2023Q1	us-gaap	Interest Income Expense Nonoperating Net InterestIncomeExpenseNonoperatingNet	-46000000	usd
CY2024Q1	fang	Other Nonoperating Income Net OtherNonoperatingIncomeNet	4000000	usd
CY2023Q1	fang	Other Nonoperating Income Net OtherNonoperatingIncomeNet	53000000	usd
CY2024Q1	us-gaap	Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet	-48000000	usd
CY2023Q1	us-gaap	Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet	-93000000	usd
CY2024Q1	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	2000000	usd
CY2023Q1	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	0	usd
CY2024Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	2000000	usd
CY2023Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	14000000	usd
CY2024Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-86000000	usd
CY2023Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-72000000	usd
CY2024Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	1032000000	usd
CY2023Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	953000000	usd
CY2024Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	223000000	usd
CY2023Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	207000000	usd
CY2024Q1	us-gaap	Profit Loss ProfitLoss	809000000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	746000000	usd
CY2024Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	41000000	usd
CY2023Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	34000000	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	768000000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	712000000	usd
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	4.28
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	3.88
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	4.28
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	3.88
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	178477000	shares
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	181988000	shares
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	178477000	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	181988000	shares
CY2023Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	17430000000	usd
CY2024Q1	fang	Limited Partners Capital Account Distribution Equivalent Rights Payments LimitedPartnersCapitalAccountDistributionEquivalentRightsPayments	4000000	usd
CY2024Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	21000000	usd
CY2024Q1	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	34000000	usd
CY2024Q1	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	42000000	usd
CY2024Q1	us-gaap	Noncontrolling Interest Increase From Sale Of Parent Equity Interest NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest	416000000	usd
CY2024Q1	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	44000000	usd
CY2024Q1	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	548000000	usd
CY2024Q1	us-gaap	Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Net ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesNet	15000000	usd
CY2024Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	18019000000	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	15690000000	usd
CY2023Q1	fang	Noncontrolling Interest Increasefrom Unitbased Compensation NoncontrollingInterestIncreasefromUnitbasedCompensation	1000000	usd
CY2023Q1	fang	Limited Partners Capital Account Distribution Equivalent Rights Payments LimitedPartnersCapitalAccountDistributionEquivalentRightsPayments	4000000	usd
CY2023Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	15000000	usd
CY2023Q1	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	18000000	usd
CY2023Q1	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	332000000	usd
CY2023Q1	fang	Stock Units Repurchased During Period Value StockUnitsRepurchasedDuringPeriodValue	34000000	usd
CY2023Q1	us-gaap	Stock Issued During Period Value Acquisitions StockIssuedDuringPeriodValueAcquisitions	633000000	usd
CY2023Q1	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	34000000	usd
CY2023Q1	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	542000000	usd
CY2023Q1	us-gaap	Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Net ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesNet	2000000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	746000000	usd
CY2023Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	16123000000	usd
CY2024Q1	us-gaap	Profit Loss ProfitLoss	809000000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	746000000	usd
CY2024Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	52000000	usd
CY2023Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	97000000	usd
CY2023Q1	fang	Proceeds From Partial Sale Of Investment In Subsidiary ProceedsFromPartialSaleOfInvestmentInSubsidiary	0	usd
CY2024Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	548000000	usd
CY2023Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	542000000	usd
CY2024Q1	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	44000000	usd
CY2023Q1	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	34000000	usd
CY2024Q1	fang	Depreciation Depletionand Amortization Excluding Amortizationof Financing Costs DepreciationDepletionandAmortizationExcludingAmortizationofFinancingCosts	469000000	usd
CY2023Q1	fang	Depreciation Depletionand Amortization Excluding Amortizationof Financing Costs DepreciationDepletionandAmortizationExcludingAmortizationofFinancingCosts	403000000	usd
CY2024Q1	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	2000000	usd
CY2023Q1	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	0	usd
CY2024Q1	us-gaap	Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet	-48000000	usd
CY2023Q1	us-gaap	Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet	-93000000	usd
CY2024Q1	fang	Derivative Cash Received Paid On Settlement Of Hedge DerivativeCashReceivedPaidOnSettlementOfHedge	-4000000	usd
CY2023Q1	fang	Derivative Cash Received Paid On Settlement Of Hedge DerivativeCashReceivedPaidOnSettlementOfHedge	1000000	usd
CY2024Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	2000000	usd
CY2023Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	14000000	usd
CY2024Q1	us-gaap	Share Based Compensation ShareBasedCompensation	14000000	usd
CY2023Q1	us-gaap	Share Based Compensation ShareBasedCompensation	11000000	usd
CY2024Q1	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	16000000	usd
CY2023Q1	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	-34000000	usd
CY2024Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	95000000	usd
CY2023Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	36000000	usd
CY2024Q1	us-gaap	Increase Decrease In Income Taxes Receivable IncreaseDecreaseInIncomeTaxesReceivable	-12000000	usd
CY2023Q1	us-gaap	Increase Decrease In Income Taxes Receivable IncreaseDecreaseInIncomeTaxesReceivable	-95000000	usd
CY2024Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-89000000	usd
CY2023Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	0	usd
CY2024Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-110000000	usd
CY2023Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-26000000	usd
CY2024Q1	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	70000000	usd
CY2023Q1	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	17000000	usd
CY2024Q1	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	-35000000	usd
CY2023Q1	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	60000000	usd
CY2024Q1	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	-3000000	usd
CY2023Q1	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	-12000000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	1334000000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	1425000000	usd
CY2024Q1	us-gaap	Payments To Explore And Develop Oil And Gas Properties PaymentsToExploreAndDevelopOilAndGasProperties	605000000	usd
CY2023Q1	us-gaap	Payments To Explore And Develop Oil And Gas Properties PaymentsToExploreAndDevelopOilAndGasProperties	622000000	usd
CY2024Q1	us-gaap	Payments To Acquire Oil And Gas Equipment PaymentsToAcquireOilAndGasEquipment	4000000	usd
CY2023Q1	us-gaap	Payments To Acquire Oil And Gas Equipment PaymentsToAcquireOilAndGasEquipment	35000000	usd
CY2024Q1	us-gaap	Payments To Acquire Oil And Gas Property PaymentsToAcquireOilAndGasProperty	153000000	usd
CY2023Q1	us-gaap	Payments To Acquire Oil And Gas Property PaymentsToAcquireOilAndGasProperty	880000000	usd
CY2024Q1	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	12000000	usd
CY2023Q1	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	264000000	usd
CY2024Q1	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	1000000	usd
CY2023Q1	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	6000000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-751000000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-1279000000	usd
CY2024Q1	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	90000000	usd
CY2023Q1	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	1696000000	usd
CY2024Q1	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	80000000	usd
CY2023Q1	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	989000000	usd
CY2024Q1	us-gaap	Repayments Of Senior Debt RepaymentsOfSeniorDebt	25000000	usd
CY2023Q1	us-gaap	Repayments Of Senior Debt RepaymentsOfSeniorDebt	0	usd
CY2024Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	42000000	usd
CY2023Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	332000000	usd
CY2024Q1	fang	Payments For Repurchase Of Common Stock Units PaymentsForRepurchaseOfCommonStockUnits	0	usd
CY2023Q1	fang	Payments For Repurchase Of Common Stock Units PaymentsForRepurchaseOfCommonStockUnits	34000000	usd
CY2024Q1	fang	Proceeds From Partial Sale Of Investment In Subsidiary ProceedsFromPartialSaleOfInvestmentInSubsidiary	451000000	usd
CY2024Q1	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-71000000	usd
CY2023Q1	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-22000000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-269000000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-257000000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	314000000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-111000000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	585000000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	164000000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	899000000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	53000000	usd
CY2023Q4	us-gaap	Conversion Of Stock Shares Converted1 ConversionOfStockSharesConverted1	1	shares
CY2024Q1	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	1	segment
CY2023Q4	us-gaap	Sale Of Stock Number Of Shares Issued In Transaction SaleOfStockNumberOfSharesIssuedInTransaction	7220000	shares
CY2023Q4	us-gaap	Sale Of Stock Price Per Share SaleOfStockPricePerShare	27.72
CY2023Q4	us-gaap	Sale Of Stock Consideration Received On Transaction SaleOfStockConsiderationReceivedOnTransaction	200000000	usd
CY2024Q1	us-gaap	Sale Of Stock Price Per Share SaleOfStockPricePerShare	35.00
CY2024Q1	us-gaap	Sale Of Stock Consideration Received On Transaction SaleOfStockConsiderationReceivedOnTransaction	451000000	usd
CY2024Q1	us-gaap	Use Of Estimates UseOfEstimates	<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Certain amounts included in or affecting the Company’s condensed consolidated financial statements and related disclosures must be estimated by management, requiring certain assumptions to be made with respect to values or conditions that cannot be known with certainty at the time the condensed consolidated financial statements are prepared. These estimates and assumptions affect the amounts the Company reports for assets and liabilities and the Company’s disclosure of contingent assets and liabilities as of the date of the condensed consolidated financial statements. Actual results could differ from those estimates.</span></div><div style="text-align:justify;text-indent:36pt"><span><br/></span></div><div style="text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">Making accurate estimates and assumptions is particularly difficult in the oil and natural gas industry given the challenges resulting from volatility in oil and natural gas prices. For instance, the war in Ukraine and the Israel-Hamas war, rising interest rates, global supply chain disruptions, recent measures to combat persistent inflation and instability in the financial sector have contributed to recent economic and pricing volatility. The financial results of companies in the oil and natural gas industry have been impacted materially as a result of these events and changing market conditions. Such circumstances generally increase uncertainty in the Company’s accounting estimates, particularly those involving financial forecasts.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company evaluates these estimates on an ongoing basis, using historical experience, consultation with experts and other methods the Company considers reasonable in the particular circumstances. Nevertheless, actual results may differ significantly from the Company’s estimates. Any effects on the Company’s business, financial position or results of operations resulting from revisions to these estimates are recorded in the period in which the facts that give rise to the revision become known. Significant items subject to such estimates and assumptions include estimates of proved oil and natural gas reserves and related present value estimates of future net cash flows therefrom, the carrying value of oil and natural gas properties, fair value estimates of derivative instruments, the fair value determination of acquired assets and liabilities assumed and estimates of income taxes, including deferred tax valuation allowances.</span></div>
CY2023Q4	us-gaap	Sale Of Stock Consideration Received On Transaction SaleOfStockConsiderationReceivedOnTransaction	200000000	usd
CY2023Q3	fang	Number Of Counties NumberOfCounties	12	county
CY2024Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	27024000000	usd
CY2023Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	26674000000	usd
CY2023Q1	us-gaap	Impairment Of Oil And Gas Properties ImpairmentOfOilAndGasProperties	0	usd
CY2024Q1	us-gaap	Impairment Of Oil And Gas Properties ImpairmentOfOilAndGasProperties	0	usd
CY2023Q4	us-gaap	Asset Retirement Obligation AssetRetirementObligation	245000000	usd
CY2022Q4	us-gaap	Asset Retirement Obligation AssetRetirementObligation	347000000	usd
CY2024Q1	us-gaap	Asset Retirement Obligation Liabilities Incurred AssetRetirementObligationLiabilitiesIncurred	1000000	usd
CY2023Q1	us-gaap	Asset Retirement Obligation Liabilities Incurred AssetRetirementObligationLiabilitiesIncurred	7000000	usd
CY2024Q1	fang	Asset Retirement Obligation Liabilities Acquired AssetRetirementObligationLiabilitiesAcquired	1000000	usd
CY2023Q1	fang	Asset Retirement Obligation Liabilities Acquired AssetRetirementObligationLiabilitiesAcquired	4000000	usd
CY2024Q1	us-gaap	Asset Retirement Obligation Liabilities Settled AssetRetirementObligationLiabilitiesSettled	7000000	usd
CY2023Q1	us-gaap	Asset Retirement Obligation Liabilities Settled AssetRetirementObligationLiabilitiesSettled	18000000	usd
CY2024Q1	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	3000000	usd
CY2023Q1	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	4000000	usd
CY2024Q1	us-gaap	Asset Retirement Obligation Revision Of Estimate AssetRetirementObligationRevisionOfEstimate	31000000	usd
CY2023Q1	us-gaap	Asset Retirement Obligation Revision Of Estimate AssetRetirementObligationRevisionOfEstimate	-32000000	usd
CY2024Q1	us-gaap	Asset Retirement Obligation AssetRetirementObligation	274000000	usd
CY2023Q1	us-gaap	Asset Retirement Obligation AssetRetirementObligation	312000000	usd
CY2024Q1	us-gaap	Asset Retirement Obligation Current AssetRetirementObligationCurrent	8000000	usd
CY2023Q1	us-gaap	Asset Retirement Obligation Current AssetRetirementObligationCurrent	6000000	usd
CY2024Q1	us-gaap	Asset Retirement Obligations Noncurrent AssetRetirementObligationsNoncurrent	266000000	usd
CY2023Q1	us-gaap	Asset Retirement Obligations Noncurrent AssetRetirementObligationsNoncurrent	306000000	usd
CY2023Q3	fang	Number Of Counties NumberOfCounties	12	county
CY2024Q1	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	45000000	usd
CY2023Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	46000000	usd
CY2024Q1	us-gaap	Debt Instrument Unamortized Discount DebtInstrumentUnamortizedDiscount	21000000	usd
CY2023Q4	us-gaap	Debt Instrument Unamortized Discount DebtInstrumentUnamortizedDiscount	23000000	usd
CY2024Q1	us-gaap	Debt Instrument Unamortized Premium DebtInstrumentUnamortizedPremium	4000000	usd
CY2023Q4	us-gaap	Debt Instrument Unamortized Premium DebtInstrumentUnamortizedPremium	4000000	usd
CY2024Q1	fang	Unamortized Basis Adjustment Of Dedesignated Interest Rate Swap Agreements UnamortizedBasisAdjustmentOfDedesignatedInterestRateSwapAgreements	81000000	usd
CY2023Q4	fang	Unamortized Basis Adjustment Of Dedesignated Interest Rate Swap Agreements UnamortizedBasisAdjustmentOfDedesignatedInterestRateSwapAgreements	84000000	usd
CY2024Q1	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	6629000000	usd
CY2023Q4	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	6641000000	usd
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	3.88
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	181988000	shares
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	4.28
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	3.88
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	4.28
CY2024Q1	us-gaap	Long Term Debt Current LongTermDebtCurrent	0	usd
CY2023Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	0	usd
CY2024Q1	us-gaap	Long Term Debt LongTermDebt	6629000000	usd
CY2023Q4	us-gaap	Long Term Debt LongTermDebt	6641000000	usd
CY2024Q1	us-gaap	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	4000000000	usd
CY2024Q1	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	42000000	usd
CY2023Q1	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	332000000	usd
CY2024Q1	us-gaap	Stock Repurchase Program Remaining Authorized Repurchase Amount1 StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1	1600000000	usd
CY2024Q1	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	3.08
CY2024Q1	us-gaap	Dividends Dividends	552000000	usd
CY2023Q1	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	2.95
CY2023Q1	us-gaap	Dividends Dividends	546000000	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	768000000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	712000000	usd
CY2024Q1	us-gaap	Participating Securities Distributed And Undistributed Earnings Loss Basic ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic	5000000	usd
CY2023Q1	us-gaap	Participating Securities Distributed And Undistributed Earnings Loss Basic ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic	5000000	usd
CY2024Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	763000000	usd
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	707000000	usd
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	178477000	shares
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	181988000	shares
CY2024Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	0	shares
CY2023Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	0	shares
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	178477000	shares
CY2024Q1	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	7000000	usd
CY2023Q1	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	5000000	usd
CY2024Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	223000000	usd
CY2023Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	207000000	usd
CY2024Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.216
CY2023Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.217
CY2024Q1	us-gaap	Derivative Gain Loss On Derivative Net DerivativeGainLossOnDerivativeNet	-48000000	usd
CY2023Q1	us-gaap	Derivative Gain Loss On Derivative Net DerivativeGainLossOnDerivativeNet	-93000000	usd
CY2024Q1	us-gaap	Gain Loss On Sale Of Derivatives GainLossOnSaleOfDerivatives	-4000000	usd
CY2023Q1	us-gaap	Gain Loss On Sale Of Derivatives GainLossOnSaleOfDerivatives	1000000	usd
CY2024Q1	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	674000000	usd
CY2023Q1	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	609000000	usd
CY2024Q1	fang	Noncash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration Shares Issued Value NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationSharesIssuedValue	0	usd
CY2023Q1	fang	Noncash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration Shares Issued Value NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationSharesIssuedValue	633000000	usd
CY2024Q1	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	1	segment
CY2024Q1	us-gaap	Revenues Revenues	2227000000	usd
CY2024Q1	us-gaap	Revenues Revenues	2227000000	usd
CY2024Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	469000000	usd
CY2024Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	1118000000	usd
CY2024Q1	us-gaap	Interest Income Expense Nonoperating Net InterestIncomeExpenseNonoperatingNet	-46000000	usd
CY2024Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-42000000	usd
CY2024Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	2000000	usd
CY2024Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	223000000	usd
CY2024Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	41000000	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	768000000	usd
CY2024Q1	us-gaap	Assets Assets	29690000000	usd
CY2023Q1	us-gaap	Revenues Revenues	1925000000	usd
CY2023Q1	us-gaap	Revenues Revenues	1925000000	usd
CY2023Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	403000000	usd
CY2023Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	1025000000	usd
CY2023Q1	us-gaap	Interest Income Expense Nonoperating Net InterestIncomeExpenseNonoperatingNet	-46000000	usd
CY2023Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-40000000	usd
CY2023Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	14000000	usd
CY2023Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	207000000	usd
CY2023Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	34000000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	712000000	usd
CY2023Q4	us-gaap	Assets Assets	29001000000	usd
CY2024Q1	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
CY2024Q1	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2024Q1	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false
CY2024Q1	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false

Files In Submission

Name	View Source	Status
0001539838-24-000094-index-headers.html	Edgar Link	pending
0001539838-24-000094-index.html	Edgar Link	pending
0001539838-24-000094.txt	Edgar Link	pending
0001539838-24-000094-xbrl.zip	Edgar Link	pending
fang-20240331.htm	Edgar Link	pending
fang-20240331.xsd	Edgar Link	pending
fang-20240331_lab.xml	Edgar Link	unprocessable
fang-20240331_pre.xml	Edgar Link	unprocessable
fang-20240331_htm.xml	Edgar Link	completed
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
q12024diamondback10-qxex311.htm	Edgar Link	pending
q12024diamondback10-qxex312.htm	Edgar Link	pending
q12024diamondback10-qxex321.htm	Edgar Link	pending
q12024diamondback10-qxex322.htm	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R42.htm	Edgar Link	pending
R43.htm	Edgar Link	pending
R44.htm	Edgar Link	pending
R45.htm	Edgar Link	pending
R46.htm	Edgar Link	pending
R47.htm	Edgar Link	pending
R48.htm	Edgar Link	pending
R49.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R50.htm	Edgar Link	pending
R51.htm	Edgar Link	pending
R52.htm	Edgar Link	pending
R53.htm	Edgar Link	pending
R54.htm	Edgar Link	pending
R55.htm	Edgar Link	pending
R56.htm	Edgar Link	pending
R57.htm	Edgar Link	pending
R58.htm	Edgar Link	pending
R59.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R60.htm	Edgar Link	pending
R61.htm	Edgar Link	pending
R62.htm	Edgar Link	pending
R63.htm	Edgar Link	pending
R64.htm	Edgar Link	pending
R65.htm	Edgar Link	pending
R66.htm	Edgar Link	pending
R67.htm	Edgar Link	pending
R68.htm	Edgar Link	pending
R69.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R70.htm	Edgar Link	pending
R71.htm	Edgar Link	pending
R72.htm	Edgar Link	pending
R73.htm	Edgar Link	pending
R74.htm	Edgar Link	pending
R75.htm	Edgar Link	pending
R76.htm	Edgar Link	pending
R77.htm	Edgar Link	pending
R78.htm	Edgar Link	pending
R79.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R80.htm	Edgar Link	pending
R81.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
fang-20240331_cal.xml	Edgar Link	unprocessable
fang-20240331_def.xml	Edgar Link	unprocessable
FilingSummary.xml	Edgar Link	unprocessable

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$FANG
Diamondback Energy, Inc. Stock $fang

2024 Q2 Form 10-Q Financial Statement

#000153983824000094 Filed on May 02, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$FANG Diamondback Energy, Inc. Stock $fang

2024 Q2 Form 10-Q Financial Statement

#000153983824000094 Filed on May 02, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$FANG
Diamondback Energy, Inc. Stock $fang