FANG Q2 2021 Earnings — Diamondback Energy, Inc. Revenue & Financial Results | Market Cap Arena

FANGDiamondback Energy, Inc.

$52B

Q2 2021 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$1.7B+295.5% YoY

Gross Profit

$999M59.4% margin

Operating Income

$955M56.8% margin

Net Income

$311M18.5% margin

EPS (Diluted)

$1.70

QoQ Revenue Growth

+42.0%

Cash Flow

Operating Cash Flow

$954M

Free Cash Flow

$513M

Stock-Based Comp.

$13M

Balance Sheet

Total Assets

$22.3B

Total Liabilities

$10.4B

Stockholders' Equity

$10.9B

Cash & Equivalents

$344M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.7B	$425M	+295.5%
Gross Profit	$999M	-$111M	+1000.0%
Operating Income	$955M	-$2.7B	+135.7%
Net Income	$311M	-$2.4B	+113.0%

Revenue Segments

Upstream Services Segment

$1.7B100%