FANG Q2 2020 Earnings — Diamondback Energy, Inc. Revenue & Financial Results | Market Cap Arena

FANGDiamondback Energy, Inc.

$50B

Q2 2020 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$425M-58.4% YoY

Gross Profit

-$111M-26.1% margin

Operating Income

-$2.7B-628.7% margin

Net Income

-$2.4B-563.1% margin

EPS (Diluted)

$-15.16

QoQ Revenue Growth

-52.7%

Cash Flow

Operating Cash Flow

$324M

Free Cash Flow

-$238M

Stock-Based Comp.

$9M

Balance Sheet

Total Assets

$20.3B

Total Liabilities

$8.5B

Stockholders' Equity

$10.7B

Cash & Equivalents

$51M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$425M	$1.0B	-58.4%
Gross Profit	-$111M	$437M	-125.4%
Operating Income	-$2.7B	$411M	-750.1%
Net Income	-$2.4B	$349M	-785.7%

Revenue Segments

Midstream Services Segment

$90M100%