v3.26.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents ($77 million and $13 million related to Viper) $ 462 $ 104
Restricted cash 2 2
Accounts receivable:    
Joint interest and other, net 261 258
Oil and natural gas sales, net ($461 million and $262 million related to Viper) 1,669 1,128
Inventories 67 86
Prepaid expenses and other current assets 189 337
Total current assets 2,650 1,915
Oil and natural gas properties:    
Proved properties ($9,608 million and $9,746 million related to Viper) 74,385 71,588
Unproved properties ($4,545 million and $4,910 million related to Viper) 23,193 23,941
Other property, equipment and land 899 874
Accumulated depletion, depreciation, amortization and impairment ($2,856 million and $2,455 million related to Viper) (31,705) (27,782)
Property and equipment, net 66,772 68,621
Other assets 796 523
Total assets 70,218 71,059
Current liabilities:    
Accounts payable and accrued capital expenditures 1,264 1,168
Current maturities of debt 1,548 763
Other accrued liabilities 883 1,108
Revenues and royalties payable 1,717 1,397
Derivative instruments 36 15
Income taxes payable 230 149
Total current liabilities 5,678 4,600
Long-term debt ($1,678 million and $2,186 million related to Viper) 11,066 13,726
Deferred income taxes 8,933 9,141
Other long-term liabilities 556 625
Total liabilities 26,233 28,092
Commitments and contingencies (Note 15)
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 3 3
Additional paid-in capital 31,866 32,236
Retained earnings (accumulated deficit) 6,038 4,740
Accumulated other comprehensive income (loss) (7) (7)
Total Diamondback Energy, Inc. stockholders’ equity 37,900 36,972
Non-controlling interest 6,085 5,995
Total equity 43,985 42,967
Total liabilities and stockholders’ equity $ 70,218 $ 71,059