FANG Q1 2021 Earnings — Diamondback Energy, Inc. Revenue & Financial Results | Market Cap Arena

FANGDiamondback Energy, Inc.

$52B

Q1 2021 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$1.2B+31.7% YoY

Gross Profit

$675M57.0% margin

Operating Income

$571M48.2% margin

Net Income

$220M18.6% margin

EPS (Diluted)

$1.33

QoQ Revenue Growth

+54.0%

Cash Flow

Operating Cash Flow

$624M

Free Cash Flow

-$18M

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$22.0B

Total Liabilities

$10.3B

Stockholders' Equity

$10.7B

Cash & Equivalents

$121M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.2B	$899M	+31.7%
Gross Profit	$675M	$233M	+189.7%
Operating Income	$571M	-$802M	+171.2%
Net Income	$220M	-$272M	+180.9%

Revenue Segments

Upstream Services Segment

$1.2B100%