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LaggingWe are an independent oil and natural gas company focused on the acquisition, development, exploration and exploitation of unconventional, onshore oil and natural gas reserves primarily in the Permian Basin in West Texas. This basin, which is one of the major producing basins in the United States, is characterized by an extensive production history, a favorable operating environment, mature infrastructure, long reserve life, multiple producing horizons, enhanced recovery potential and a large number of operators.
In the company’s own words · 10-K filed Feb 25, 2026 · SEC EDGAR
Business segments
Q2 2026 · $5.80BThe company’s own SEC segment disclosure.
- Oil Exploration and Production$4.63B80%
- Oil Purchased$739.0M13%
- Natural Gas Liquids Production$435.0M7%
Diamondback Energy (FANG) reported revenue of $5.56B in Q2 2026 (quarter ended Jun 30, 2026), up 51% from the same quarter a year earlier. That came with net income of $1.88B (34% of revenue). For the full year FY2025, revenue was $15.0B (+36% year on year) and net income $1.66B. Its largest product in Q2 2026 was Oil Explorationand Production at $4.63B, 80% of the disclosed total, well ahead of Oil Purchased at 13%.
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10 series · TTMAs reported to the SEC, without any scoring.
Oil & Gas E&P
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