Diamondback Energy Files 2024 10-K
Ticker: FANG · Form: 10-K · Filed: 2025-02-26T00:00:00.000Z
Sentiment: neutral
Topics: 10-K, oil-and-gas, annual-report
Related Tickers: FANG
TL;DR
DBEK filed its 2024 10-K. Full year financials and ops details out.
AI Summary
Diamondback Energy, Inc. filed its 2024 10-K report on February 26, 2025, detailing its operations in crude petroleum and natural gas. The company, headquartered in Midland, TX, operates under SIC code 1311. The filing covers the fiscal year ending December 31, 2024, and includes financial data and operational highlights for the period.
Why It Matters
This 10-K filing provides a comprehensive overview of Diamondback Energy's financial performance and operational activities for the fiscal year 2024, crucial for investors and stakeholders to assess the company's health and future prospects.
Risk Assessment
Risk Level: medium — The oil and gas industry is subject to significant price volatility and regulatory changes, which can impact Diamondback Energy's financial performance.
Key Numbers
- 2024 — Fiscal Year (The period covered by the 10-K filing.)
- 1231 — Fiscal Year End (The closing date of the fiscal year reported.)
- 001-35700 — SEC File Number (Identifier for the company's SEC filings.)
Key Players & Entities
- Diamondback Energy, Inc. (company) — Filer of the 10-K
- 500 WEST TEXAS STREET, SUITE 1200, MIDLAND, TX 79701 (location) — Company Business and Mail Address
- 2024-12-31 (date) — Fiscal Year End
- 2025-02-26 (date) — Filing Date
- 0001539838 (company) — Central Index Key
FAQ
What is Diamondback Energy's primary business activity?
Diamondback Energy, Inc. is primarily involved in crude petroleum and natural gas exploration and production, as indicated by its SIC code 1311.
When did Diamondback Energy file its 2024 10-K?
Diamondback Energy filed its 2024 10-K on February 26, 2025.
Where is Diamondback Energy headquartered?
Diamondback Energy, Inc. is headquartered in Midland, Texas, with its business and mail address listed as 500 West Texas Street, Suite 1200.
What is the Central Index Key (CIK) for Diamondback Energy?
The Central Index Key for Diamondback Energy, Inc. is 0001539838.
What period does this 10-K filing cover?
This 10-K filing covers the fiscal year ending December 31, 2024.
From the Filing
0001539838-25-000021.txt : 20250226 0001539838-25-000021.hdr.sgml : 20250226 20250226161641 ACCESSION NUMBER: 0001539838-25-000021 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 153 CONFORMED PERIOD OF REPORT: 20241231 FILED AS OF DATE: 20250226 DATE AS OF CHANGE: 20250226 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Diamondback Energy, Inc. CENTRAL INDEX KEY: 0001539838 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-35700 FILM NUMBER: 25670282 BUSINESS ADDRESS: STREET 1: 500 WEST TEXAS STREET 2: SUITE 1200 CITY: MIDLAND STATE: TX ZIP: 79701 BUSINESS PHONE: 405-463-6900 MAIL ADDRESS: STREET 1: 500 WEST TEXAS STREET 2: SUITE 1200 CITY: MIDLAND STATE: TX ZIP: 79701 10-K 1 fang-20241231.htm 10-K fang-20241231 false 2024 FY 0001539838 281 iso4217:USD xbrli:shares iso4217:USD xbrli:shares xbrli:pure fang:segment iso4217:USD utr:Boe utr:acre fang:location fang:county fang:well utr:bbl utr:D utr:Boe fang:derivative iso4217:USD utr:bbl utr:MMBTU iso4217:USD utr:MMBTU fang:lawsuit fang:reserve utr:MBbls utr:MMcf utr:MBoe iso4217:USD utr:Mcf 0001539838 2024-01-01 2024-12-31 0001539838 2024-06-30 0001539838 2025-02-21 0001539838 us-gaap:VariableInterestEntityPrimaryBeneficiaryMember 2024-12-31 0001539838 us-gaap:VariableInterestEntityPrimaryBeneficiaryMember 2023-12-31 0001539838 2024-12-31 0001539838 2023-12-31 0001539838 fang:OilExplorationandProductionMember 2024-01-01 2024-12-31 0001539838 fang:OilExplorationandProductionMember 2023-01-01 2023-12-31 0001539838 fang:OilExplorationandProductionMember 2022-01-01 2022-12-31 0001539838 us-gaap:NaturalGasProductionMember 2024-01-01 2024-12-31 0001539838 us-gaap:NaturalGasProductionMember 2023-01-01 2023-12-31 0001539838 us-gaap:NaturalGasProductionMember 2022-01-01 2022-12-31 0001539838 fang:NaturalGasLiquidsProductionMember 2024-01-01 2024-12-31 0001539838 fang:NaturalGasLiquidsProductionMember 2023-01-01 2023-12-31 0001539838 fang:NaturalGasLiquidsProductionMember 2022-01-01 2022-12-31 0001539838 fang:OilPurchasedMember 2024-01-01 2024-12-31 0001539838 fang:OilPurchasedMember 2023-01-01 2023-12-31 0001539838 fang:OilPurchasedMember 2022-01-01 2022-12-31 0001539838 2023-01-01 2023-12-31 0001539838 2022-01-01 2022-12-31 0001539838 us-gaap:NaturalGasGatheringTransportationMarketingAndProcessingMember 2024-01-01 2024-12-31 0001539838 us-gaap:NaturalGasGatheringTransportationMarketingAndProcessingMember 2023-01-01 2023-12-31 0001539838 us-gaap:NaturalGasGatheringTransportationMarketingAndProcessingMember 2022-01-01 2022-12-31 0001539838 us-gaap:CommonStockMember 2021-12-31 0001539838 us-gaap:AdditionalPaidInCapitalMember 2021-12-31 0001539838 us-gaap:RetainedEarningsMember 2021-12-31 0001539838 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentNetUnamortizedGainLossMember 2021-12-31 0001539838 us-gaap:NoncontrollingInterestMember 2021-12-31 0001539838 2021-12-31 0001539838 us-gaap:NoncontrollingInterestMember 2022-01-01 2022-12-31 0001539838 us-gaap:RetainedEarningsMember 2022-01-01 2022-12-31 0001539838 us-gaap:CommonStockMember 2022-01-01 2022-12-31 0001539838 us-gaap:AdditionalPaidInCapitalMember 2022-01-01 2022-12-31 0001539838 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentNetUnamortizedGainLossMember 2022-01-01 2022-12-31 0001539838 us-gaap:CommonStockMember 2022-12-31 0001539838 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0001539838 us-gaap:RetainedEarningsMember 2022-12-31 0001539838 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentNetUnamortizedGainLossMember 2022-12-31 0001539838 us-gaap:NoncontrollingInterestMember 2022-12-31 0001539838 2022-12-31 0001539838 fang:ViperMember us-gaap:NoncontrollingInterestMember 2023-01-01 2023-12-31 0001539838 us-gaap:NoncontrollingInterestMember 2023-01-01 2023-12-31 0001539838 us-gaap:RetainedEarningsMember 2023-01-01 2023-12-