SUBSEQUENT EVENTS	6 Months Ended
Jun. 30, 2026
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	SUBSEQUENT EVENTS Pending 2026 Drop Down On August 3, 2026, the Company and related subsidiaries entered into a definitive purchase agreement with Viper Energy Partners LP to divest certain mineral and royalty interests in exchange for 3.65 million Viper LLC Units and an equivalent number of shares of Viper’s Class B common stock (the pending “2026 Drop Down”), subject to transaction costs and certain customary post-closing adjustments. The pending 2026 Drop Down will be accounted for as a transaction between entities under common control with the acquired properties recorded at Diamondback’s historical carrying value in the Company’s condensed consolidated balance sheet. Second Quarter 2026 Dividend Declaration On July 30, 2026, the board of directors of the Company declared a base cash dividend for the second quarter of 2026 of $1.10 per share of common stock, payable on August 20, 2026, to its stockholders of record at the close of business on August 13, 2026. Future dividends are at the discretion of the Company’s board of directors. Increase in Stock Repurchase Program Authorization On July 30, 2026, the board of directors of the Company approved an increase in the stock repurchase authorization under the Company’s existing stock repurchase program from $8.0 billion to $16.0 billion, excluding excise tax. As of July 31, 2026, approximately $9.9 billion remains available for future repurchases under such stock repurchase program, excluding excise tax. The stock repurchase program has no time limit and may be suspended, modified, or discontinued by the board of directors at any time. Viper Riverbend Acquisition On July 1, 2026, Viper and Viper Energy Partners LP acquired all of the equity interests of Riverbend Oil & Gas IX, L.L.C., an entity owning certain mineral and royalty interests, from Riverbend Oil & Gas IX (AIV), L.L.C. and ROG IX, L.L.C. (collectively, “Riverbend”) for consideration consisting of approximately (i) $339 million in cash, including the release of funds held in escrow of approximately $25 million, which was reflected in the caption “Other assets” on the Company’s condensed consolidated balance sheet at June 30, 2026, and (ii) 3.69 million shares of Viper’s Class A common stock, in each case, subject to customary post-closing adjustments (the “Viper Riverbend Acquisition”).

On August 3, 2026, the Company and related subsidiaries entered into a definitive purchase agreement with Viper Energy Partners LP to divest certain mineral and royalty interests in exchange for 3.65 million Viper LLC Units and an equivalent number of shares of Viper’s Class B common stock (the pending “2026 Drop Down”), subject to transaction costs and certain customary post-closing adjustments. The pending 2026 Drop Down will be accounted for as a transaction between entities under common control with the acquired properties recorded at Diamondback’s historical carrying value in the Company’s condensed consolidated balance sheet.

On July 30, 2026, the board of directors of the Company declared a base cash dividend for the second quarter of 2026 of $1.10 per share of common stock, payable on August 20, 2026, to its stockholders of record at the close of business on August 13, 2026. Future dividends are at the discretion of the Company’s board of directors.

On July 30, 2026, the board of directors of the Company approved an increase in the stock repurchase authorization under the Company’s existing stock repurchase program from $8.0 billion to $16.0 billion, excluding excise tax. As of July 31, 2026, approximately $9.9 billion remains available for future repurchases under such stock repurchase program, excluding excise tax. The stock repurchase program has no time limit and may be suspended, modified, or discontinued by the board of directors at any time.

On July 1, 2026, Viper and Viper Energy Partners LP acquired all of the equity interests of Riverbend Oil & Gas IX, L.L.C., an entity owning certain mineral and royalty interests, from Riverbend Oil & Gas IX (AIV), L.L.C. and ROG IX, L.L.C. (collectively, “Riverbend”) for consideration consisting of approximately (i) $339 million in cash, including the release of funds held in escrow of approximately $25 million, which was reflected in the caption “Other assets” on the Company’s condensed consolidated balance sheet at June 30, 2026, and (ii) 3.69 million shares of Viper’s Class A common stock, in each case, subject to customary post-closing adjustments (the “Viper Riverbend Acquisition”).