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Diamondback Energy, Inc. (FANG) is an energy company in the US southern oil and gas extraction industry, based in Midland, United States, with about 1,762 full-time employees.
It reported revenue of $14.93 billion for fiscal year 2025, up 35.4% from fiscal year 2024, and net income of $1.66 billion. In Q2 2026 (the quarter ended June 30, 2026) revenue was $5.53 billion, up 51.3% from a year before. Its market capitalization was $54.05 billion as of October 9, 2026.
Figures from company filings and market data; latest fiscal year ended December 31, 2025; market data as of October 9, 2026.
, an independent oil and natural gas company, acquires, develops, explores, and exploits unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas, the United States.
Diamondback Energy reported $14.93 billion in revenue for fiscal year 2025, up 35.4% from $11.02 billion in fiscal year 2024. In Q2 2026 revenue was $5.53 billion.
$54.05 billion as of October 9, 2026.
Listed companies of a similar size in the same industry (US southern oil and gas extraction) include EOG Resources, Inc. (EOG), Occidental Petroleum Corporation (OXY), Devon Energy Corporation (DVN), Permian Resources Corporation (PR).