FANG Q2 2019 Earnings — Diamondback Energy, Inc. Revenue & Financial Results | Market Cap Arena

FANGDiamondback Energy, Inc.

$50B

Q2 2019 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$1.0B+93.7% YoY

Gross Profit

$437M42.8% margin

Operating Income

$411M40.3% margin

Net Income

$349M34.2% margin

EPS (Diluted)

$2.11

QoQ Revenue Growth

+18.2%

Cash Flow

Operating Cash Flow

$666M

Free Cash Flow

-$147M

Stock-Based Comp.

$9M

Balance Sheet

Total Assets

$23.2B

Total Liabilities

$7.7B

Stockholders' Equity

$14.0B

Cash & Equivalents

$326M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.0B	$527M	+93.7%
Gross Profit	$437M	$296M	+47.6%
Operating Income	$411M	$281M	+46.3%
Net Income	$349M	$219M	+59.4%

Revenue Segments

Oil and Gas, Exploration and Production

$947M92%

Natural Gas Liquids Production

$62M6%

Natural Gas, Midstream

$16M2%