v3.26.3
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents ($10 million and $13 million related to Viper) $ 558 $ 104
Restricted cash 2 2
Accounts receivable:    
Joint interest and other, net 247 258
Oil and natural gas sales, net ($496 million and $262 million related to Viper) 2,118 1,128
Inventories 64 86
Prepaid expenses and other current assets 158 337
Total current assets 3,147 1,915
Oil and natural gas properties:    
Proved properties ($10,102 million and $9,746 million related to Viper) 77,090 71,588
Unproved properties ($5,213 million and $4,910 million related to Viper) 22,990 23,941
Other property, equipment and land 932 874
Accumulated depletion, depreciation, amortization and impairment ($3,062 million and $2,455 million related to Viper) (33,000) (27,782)
Property and equipment, net 68,012 68,621
Other assets 951 523
Total assets 72,110 71,059
Current liabilities:    
Accounts payable and accrued capital expenditures 1,374 1,168
Current maturities of debt 1,548 763
Other accrued liabilities 1,033 1,108
Revenues and royalties payable 1,645 1,397
Derivative instruments 47 15
Income taxes payable 92 149
Total current liabilities 5,739 4,600
Long-term debt ($2,394 million and $2,186 million related to Viper) 11,682 13,726
Deferred income taxes 8,936 9,141
Other long-term liabilities 620 625
Total liabilities 26,977 28,092
Commitments and contingencies (Note 15)
Stockholders’ equity:    
Common stock, $0.01 par value; 800,000,000 shares authorized; 279,241,756 and 284,594,908 shares issued and outstanding at September 30, 2026, and December 31, 2025, respectively 3 3
Additional paid-in capital 31,638 32,236
Retained earnings (accumulated deficit) 7,332 4,740
Accumulated other comprehensive income (loss) (7) (7)
Total Diamondback Energy, Inc. stockholders’ equity 38,966 36,972
Non-controlling interest 6,167 5,995
Total equity 45,133 42,967
Total liabilities and stockholders’ equity $ 72,110 $ 71,059